Ares Management's latest quarterly dividend of $0.77 per share was on Mar 16, 2023 (ex-date). The annualized dividend distribution of $2.6 per share represents a current dividend yield of 2.98%. The latest ARES payment of $0.77 marks a dividend growth of 26%.
ARES has a dividend yield of 2.98% which is below the Financial Services sector and the industry average. Compared to its Financial Services sector average of 3.85%, Ares Management's dividend yield is 23% lower. The historical 5-year average of ARES's dividend yield is 3.3%, which is above the current yield.
Ares Management has a history of paying dividends since 2014. Our records of ARES show that the company has distributed four quarterly dividends in the past year. The annualized dividend per share has an increase of 29% since twelve months ago. And with the price of the stock up by 20% from a year ago, the dividend yield has an increase of 7%.
Ex-date | Payment date | Declared on | Amount | Type |
---|---|---|---|---|
Mar 16, 2023 | Mar 31, 2023 | Feb 9, 2023 | $0.77 | normal |
Dec 15, 2022 | Dec 30, 2022 | Oct 27, 2022 | $0.61 | normal |
Sep 15, 2022 | Sep 30, 2022 | Jul 28, 2022 | $0.61 | normal |
Jun 15, 2022 | Jun 30, 2022 | Apr 28, 2022 | $0.61 | normal |
Mar 16, 2022 | Mar 31, 2022 | Feb 11, 2022 | $0.61 | normal |
Dec 16, 2021 | Dec 31, 2021 | Oct 21, 2021 | $0.47 | normal |
Sep 15, 2021 | Sep 30, 2021 | $0.47 | normal | |
Jun 15, 2021 | Jun 30, 2021 | $0.47 | normal | |
Mar 16, 2021 | Mar 31, 2021 | Feb 11, 2021 | $0.47 | normal |
Dec 16, 2020 | Dec 31, 2020 | Oct 28, 2020 | $0.4 | normal |
Sep 15, 2020 | Sep 30, 2020 | Aug 5, 2020 | $0.4 | normal |
Jun 15, 2020 | Jun 30, 2020 | May 6, 2020 | $0.4 | normal |
Mar 16, 2020 | Mar 31, 2020 | Feb 13, 2020 | $0.4 | normal |
Dec 16, 2019 | Dec 31, 2019 | Oct 31, 2019 | $0.32 | normal |
Sep 13, 2019 | Sep 30, 2019 | Jul 31, 2019 | $0.32 | normal |
Jun 13, 2019 | Jun 28, 2019 | May 2, 2019 | $0.32 | normal |
Mar 14, 2019 | Mar 29, 2019 | Feb 12, 2019 | $0.32 | normal |
ARES has a payout ratio of 232.1% which is higher than the Financial Services sector and the industry average. If we compare it with the Financial Services sector average of 32.1%, Ares Management's payout ratio is 623% higher.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
NEWT Newtek Business Services Corp | 18.52% | $2.28 | 162.9% |
BEN Franklin Resources Inc | 4.91% | $1.18 | 71.1% |
VRTS Virtus Investment Partners Inc | 3.38% | $6.45 | 38.3% |
ARES Ares Management Corp | 2.99% | $2.6 | 232.1% |
Yes, Ares Management has paid four dividends in the last twelve months. ARES has been paying dividends since 2014.
ARES's next dividend is scheduled on Jun 15, 2023 (ex-date).
Ares Management's last dividend ex-date was on Mar 16, 2023. The dividend amount was $0.77 per share.
On an annual basis ARES pays $2.6 per share.
Currently Ares Management's dividend yield is 2.98%.
Ares Management has a quarterly dividend frequency.
Ares Management's dividend payout ratio is 232.1%.
Ares Management's dividend yield is below the Financial Services sector average.