Summary
Ares Management Corp. (ARES) filed an 8-K on February 11, 2021, primarily to announce its fourth quarter and full-year 2020 financial results and declare a quarterly dividend. The company issued a press release and an accompanying earnings presentation, which are incorporated by reference, providing details on its performance for the period ended December 31, 2020. Investors should refer to these attached documents for the specific financial figures and operational updates. In addition to the financial results, the filing also disclosed the declaration of a quarterly dividend of $0.47 per share for its Class A common stock. This dividend is scheduled to be paid on March 31, 2021, to shareholders of record as of March 17, 2021. This information is relevant for income-focused investors and highlights the company's commitment to returning capital to shareholders.
Key Highlights
- 1Ares Management Corp. announced its Q4 and full-year 2020 financial results via press release and earnings presentation on February 11, 2021.
- 2The detailed financial results for the period ended December 31, 2020, are provided in the attached press release and presentation (Exhibit 99.1 and 99.2).
- 3The company declared a quarterly dividend of $0.47 per share for its Class A common stock.
- 4The dividend payment date is March 31, 2021.
- 5The record date for the dividend is March 17, 2021.
- 6The information furnished under Item 2.02 and 7.01 is considered 'furnished' and not 'filed' for the purposes of Section 18 of the Securities Exchange Act of 1934.