Summary
Ares Management Corporation (ARES) filed an 8-K on August 5, 2020, primarily to disclose its second-quarter 2020 financial results and declare a quarterly dividend. The company issued a press release and an earnings presentation on August 5, 2020, detailing its performance for the quarter ended June 30, 2020. Investors should refer to these supplemental materials for specific financial and operational metrics, as they are incorporated by reference into this filing. Additionally, the filing announced the declaration of a quarterly dividend of $0.40 per share for its Class A common stock. This dividend is payable on September 30, 2020, to shareholders of record as of September 16, 2020. While this information is furnished and not deemed 'filed' under Section 18 of the Securities Exchange Act of 1934, it provides important information regarding shareholder returns.
Key Highlights
- 1Disclosure of Q2 2020 financial results via press release and earnings presentation.
- 2Key financial and operational details for the quarter ended June 30, 2020, are available in the referenced exhibits.
- 3Declaration of a quarterly dividend of $0.40 per Class A common share.
- 4Dividend payment date set for September 30, 2020.
- 5Record date for dividend eligibility is September 16, 2020.
- 6Information furnished under Item 2.02 and 7.01 is not deemed 'filed' for Section 18 purposes, limiting liability but requiring careful review of exhibits.
- 7Exhibits include Press Release (Exhibit 99.1) and Earnings Presentation (Exhibit 99.2).