Summary
Ares Management Corp (ARES) filed an 8-K on May 2, 2019, to report its financial results for the first quarter ended March 31, 2019. The filing includes a press release and an earnings presentation, which are furnished and not deemed "filed" for regulatory purposes. Investors should refer to these attached exhibits for detailed financial and operational performance data for the quarter. Additionally, the report announces the declaration of a quarterly dividend of $0.32 per share for Class A common stock, payable on June 28, 2019, to shareholders of record on June 14, 2019. This dividend declaration is a key piece of information for income-focused investors and highlights the company's commitment to returning capital to shareholders.
Key Highlights
- 1Ares Management announced Q1 2019 financial results via press release and earnings presentation (Exhibit 99.1 & 99.2).
- 2The Q1 2019 results and presentation are furnished and not deemed "filed" under Section 18 of the Exchange Act.
- 3Company declared a quarterly dividend of $0.32 per share for Class A common stock.
- 4The dividend is payable on June 28, 2019, to shareholders of record on June 14, 2019.
- 5The 8-K filing incorporates the press release and presentation by reference.
Frequently Asked Questions
The 8-K filing itself does not detail the Q1 2019 financial results. Investors need to refer to Exhibit 99.1 (Press Release) and Exhibit 99.2 (Earnings Presentation) attached to the filing for a comprehensive overview of the company's financial performance during the first quarter of 2019.
The declared quarterly dividend of $0.32 per share of Class A common stock is scheduled to be paid on June 28, 2019.
Shareholders of record as of June 14, 2019, will be eligible to receive the quarterly dividend of $0.32 per share.
More detailed information regarding Ares Management's Q1 2019 financial performance can be found in the press release (Exhibit 99.1) and the earnings presentation (Exhibit 99.2) that are attached to this Form 8-K filing.