Summary
Ares Management Corp (ARES) filed an 8-K on October 28, 2020, to announce its financial results for the third quarter ended September 30, 2020. The filing incorporates by reference a press release and an earnings presentation, which contain detailed operational and financial information for the period. Investors should refer to these attached exhibits for a comprehensive understanding of the company's performance. Additionally, the 8-K announced the declaration of a quarterly dividend of $0.40 per share for Class A common stock. This dividend is scheduled to be paid on December 31, 2020, to shareholders of record as of December 17, 2020. The dividend declaration is a key piece of information for income-focused investors.
Key Highlights
- 1Announcement of Q3 2020 financial results via press release and earnings presentation (Exhibit 99.1 and 99.2).
- 2Financial and operational details for the quarter ended September 30, 2020, are available in the referenced exhibits.
- 3Declaration of a quarterly dividend of $0.40 per share of Class A common stock.
- 4Dividend payment date set for December 31, 2020.
- 5Record date for the dividend is December 17, 2020.
- 6Information furnished under Item 2.02 and 7.01 is not deemed "filed" under Section 18 of the Exchange Act unless expressly incorporated by reference.
Frequently Asked Questions
The primary purpose of this 8-K filing is to announce Ares Management Corp's financial results for the third quarter of 2020 and to disclose the declaration of a quarterly dividend.
The detailed financial results and operational information for the third quarter ended September 30, 2020, are provided in the press release (Exhibit 99.1) and the earnings presentation (Exhibit 99.2) attached to this 8-K filing.
Ares Management Corp declared a quarterly dividend of $0.40 per share of its Class A common stock. This dividend will be paid on December 31, 2020.
Class A common stockholders of record as of December 17, 2020, are eligible to receive the dividend.