Ares Management Corporation Announces Fourth Quarter and Full Year 2024 Results and Dividend Declaration

Summary

Ares Management Corporation reported its financial results for the fourth quarter and full year ended December 31, 2024, announcing GAAP net income of $177.3 million for the quarter. The company also declared a quarterly dividend of $1.12 per share of its Class A common stock, payable on March 31, 2025, to stockholders of record as of March 17, 2025. The company also announced a Dividend Reinvestment Program for its Class A common stockholders.