Summary
Ares Management Corp (ARES) filed an 8-K on October 31, 2019, to report on its third quarter 2019 financial results and declare a quarterly dividend. The filing includes a press release and an earnings presentation, which are incorporated by reference. While these documents provide detailed financial performance information, they are furnished and not deemed "filed" under Section 18 of the Securities Exchange Act, meaning they won't automatically be incorporated into future SEC filings unless specifically referenced. For investors, the key takeaway is the announcement of a quarterly dividend of $0.32 per share for Class A common stock, payable in December. This signals the company's commitment to returning capital to shareholders. Investors should review the accompanying press release and earnings presentation for a comprehensive understanding of ARES's Q3 2019 performance, including key financial metrics and operational highlights.
Key Highlights
- 1Ares Management Corp announced its third quarter 2019 financial results on October 31, 2019.
- 2The company issued a press release and an earnings presentation detailing its Q3 2019 performance.
- 3A quarterly dividend of $0.32 per share of Class A common stock was declared.
- 4The dividend is payable on December 31, 2019, to stockholders of record on December 17, 2019.
- 5The filed exhibits include a press release (Exhibit 99.1) and an earnings presentation (Exhibit 99.2).
- 6Information furnished under Item 2.02 and 7.01 is not deemed "filed" for Section 18 purposes, nor automatically incorporated into other filings.
- 7The filing also includes the Cover Page Interactive Data File in XBRL format.