Ares Management Declares Quarterly Dividend

Summary

Ares Management Corporation announced its financial results for the first quarter of 2026, reporting GAAP net income of $142.6 million and a quarterly dividend of $1.35 per share of its Class A common stock, payable on June 30, 2026. The company also declared a dividend of $0.84375 per share of its 6.75% Series B mandatory convertible preferred stock, payable on July 1, 2026. The dividend announcement is a key event for shareholders, providing a direct financial return. The company's financial performance showed continued growth in assets under management and fee-paying assets, contributing to a 25% growth in management fees.