Credit: Shutterstock photoAres Management L.P. ( ARES ) will begin trading ex-dividend on November 20, 2015. A cash dividend payment of $0.13 per share is scheduled to be paid on December 08, 2015. Shareholders who purchased ARES prior to the ex-dividend date are eligible for the cash dividend payment. This represents an -50% decrease from the prior quarter. At the current stock price of $13.73, the dividend yield is 3.79%.
The previous trading day's last sale of ARES was $13.73, representing a -37.13% decrease from the 52 week high of $21.84 and a 1.25% increase over the 52 week low of $13.56.
ARES is a part of the Finance sector, which includes companies such as The Blackstone Group L.P. ( BX ) and Franklin Resources, Inc. ( BEN ). ARES's current earnings per share, an indicator of a company's profitability, is $.28. Zacks Investment Research reports ARES's forecasted earnings growth in 2015 as -15.21%, compared to an industry average of -9%.
For more information on the declaration, record and payment dates, visit the ARES Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.