Summary
Ares Management Corp. (ARES) filed an 8-K on August 4, 2017, to announce its financial results for the second quarter ended June 30, 2017. The filing incorporates by reference a press release and an earnings presentation that provide details on the company's performance during the quarter. Investors should note that this information is furnished and not deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934. Additionally, the 8-K reported the declaration of a quarterly distribution of $0.31 per common unit, payable on September 1, 2017, to shareholders of record on August 18, 2017. This distribution is a key point for income-focused investors, indicating the company's commitment to returning capital to its unitholders. The full details of the financial results and presentation are available in the attached exhibits.
Key Highlights
- 1Ares Management Corp. announced its Q2 2017 financial results via a press release and earnings presentation.
- 2The company declared a second quarter 2017 distribution of $0.31 per common unit.
- 3The distribution payment date is September 1, 2017.
- 4The record date for the distribution is August 18, 2017.
- 5Financial results and presentation details are provided in Exhibits 99.1 and 99.2.
- 6Information furnished under Item 2.02 and 7.01 is not considered "filed" for Section 18 purposes.