Summary
Ares Management Corporation (ARES) filed an 8-K on August 2, 2024, primarily to announce its financial results for the second quarter ended June 30, 2024. The filing includes a press release and an earnings presentation, both furnished and not deemed "filed" for regulatory purposes, containing detailed operational and financial information for the quarter. Investors should refer to these attached exhibits for a comprehensive understanding of the company's performance. In addition to the quarterly results, the 8-K also disclosed the declaration of a quarterly dividend. ARES will pay $0.93 per share of its Class A common stock on September 30, 2024, to shareholders of record as of September 16, 2024. This dividend declaration is a key piece of information for income-focused investors, indicating continued capital return to shareholders.
Key Highlights
- 1Ares Management Corp (ARES) reported its financial results for the second quarter ended June 30, 2024, via an 8-K filing on August 2, 2024.
- 2The filing includes a press release (Exhibit 99.1) and a detailed earnings presentation (Exhibit 99.2) for Q2 2024.
- 3The company declared a quarterly dividend of $0.93 per share for its Class A common stock.
- 4The dividend is scheduled to be paid on September 30, 2024.
- 5Shareholders of record as of September 16, 2024, will be eligible to receive the dividend.
- 6Information furnished under Items 2.02 and 7.01 is not deemed "filed" under Section 18 of the Exchange Act unless specifically incorporated by reference.