Summary
Ares Management Corp. (ARES) filed an 8-K on November 1, 2024, primarily to report its third-quarter 2024 financial results and announce a quarterly dividend. The key takeaway for investors is the company's financial performance for the period ending September 30, 2024, detailed in their press release and earnings presentation, which are attached as exhibits to this filing. In addition to the financial results, ARES declared a quarterly dividend of $0.93 per share for its Class A common stock. This dividend is payable on December 31, 2024, to shareholders of record as of December 17, 2024, providing a concrete return to investors. Investors should refer to the attached exhibits (99.1 and 99.2) for the full details of the financial performance and any accompanying commentary.
Key Highlights
- 1Ares Management Corp. filed an 8-K on November 1, 2024, reporting its Q3 2024 financial results.
- 2The company announced a quarterly dividend of $0.93 per share for Class A common stock.
- 3The dividend payment date is December 31, 2024.
- 4Shareholders of record as of December 17, 2024, will receive the dividend.
- 5Detailed financial results and commentary are available in the attached press release (Exhibit 99.1) and earnings presentation (Exhibit 99.2).
- 6The information furnished in this 8-K is not considered 'filed' for Section 18 purposes unless expressly incorporated into other filings.