GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Ares Management Corp (NYSE:ARES) » Definitions » 3-Year Dividend Growth Rate

Ares Management (Ares Management) 3-Year Dividend Growth Rate : 24.40% (As of Dec. 2023)


View and export this data going back to 2018. Start your Free Trial

What is Ares Management 3-Year Dividend Growth Rate?

Ares Management's Dividends per Share for the three months ended in Dec. 2023 was $0.77.

The historical rank and industry rank for Ares Management's 3-Year Dividend Growth Rate or its related term are showing as below:

ARES' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 12.1   Med: 15.5   Max: 39.1
Current: 24.4

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Ares Management was 39.10% per year. The lowest was 12.10% per year. And the median was 15.50% per year.

ARES's 3-Year Dividend Growth Rate is ranked better than
90.24% of 871 companies
in the Asset Management industry
Industry Median: 1.7 vs ARES: 24.40

During the past 12 months, Ares Management's average Dividends Per Share Growth Rate was 26.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 24.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 19.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Ares Management's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.90. As of today, Ares Management's Dividend Yield % is 2.50%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Ares Management Corp is 1.29, which seems too high.

Warning Sign:

Ares Management Corp stock dividend yield is close to 2-year low.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Ares Management's 3-Year Dividend Growth Rate

For the Asset Management subindustry, Ares Management's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ares Management's 3-Year Dividend Growth Rate Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Ares Management's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Ares Management's 3-Year Dividend Growth Rate falls into.



Ares Management 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Ares Management  (NYSE:ARES) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Ares Management's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.77/ 0.86
=0.90

During the past 13 years, the highest Dividend Payout Ratio of Ares Management was 4.44. The lowest was 0.61. And the median was 1.24.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Ares Management Corp is 1.29, which seems too high.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Ares Management Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.9300002024-03-142024-03-152024-03-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.7700002023-12-142023-12-152023-12-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.7700002023-09-142023-09-152023-09-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.7700002023-06-152023-06-162023-06-30Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Ares Management's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=3.24/131.91
=2.46 %

Current Share Price is $131.91.
Ares Management's Dividends per Share for the trailing twelve months (TTM) ended in Today is $3.24.

During the past 13 years, the highest Dividend Yield of Ares Management was 8.57%. The lowest was 1.02%. And the median was 3.69%.

Warning Sign:

Ares Management Corp stock dividend yield is close to 2-year low.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Ares Management 3-Year Dividend Growth Rate Related Terms>


Ares Management (Ares Management) Business Description

Traded in Other Exchanges
Address
2000 Avenue of the Stars, 12th Floor, Los Angeles, CA, USA, 90067
Ares Management Corp is an asset management company based in the United States. It offers investors investment-related advice and strategies for capital growth. The company's operating segments include Credit Group, Private Equity Group, Real Estate Group, Secondaries Group, and Strategic Initiatives. Its Credit Group generates maximum revenue, and manages credit strategies across the liquid and illiquid spectrum. Private Equity Group manages investment strategies categorized as corporate private equity, infrastructure and power, and special opportunities, Real Estate Group is engaged in managing real estate equity and debt strategies. The Secondary Solutions Group invests in secondary markets across a range of asset class including private equity, real estate, and infrastructure.
Executives
Michael J Arougheti director, officer: Co-Founder & President 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Bennett Rosenthal director, officer: Co-Founder & Senior Partner 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
David B Kaplan director, officer: Co-Founder & Senior Partner 1999 AVENUE OF THE STARS, SUITE 1900, LOS ANGELES CA 90067
Ryan Berry officer: Ptr, Chief Mktg. & Strat. Off. C/O ARES MANAGEMENT LLC, 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
R. Kipp Deveer officer: Partner 245 PARK AVENUE, 44TH FLOOR, NEW YORK NY 10167
Ashish Bhutani director
Judy D. Olian director 2000 AVENUE OF THE STARS 12TH FL, LOS ANGELES CA 90067
Aghili Naseem Sagati officer: General Counsel 2000 AVENUE OF THE STARS, LOS ANGELES CA 90067
Bush Antoinette Cook director NORTHPOINT TECHNOLOGY, 444 N CAPITOL STREET NW STE 645, WASHINGTON DC 20001
Antony P Ressler director, officer: Chairman, CEO, Co-Founder 1999 AVENUE OF THE STARS, SUITE 1900, LOS ANGELES CA 90067
Eileen Naughton director C/O GOOGLE INC., 76 NINTH AVENUE, 4TH FLOOR, NEW YORK NY 10011
Ares Management Corp officer: Chief Financial Officer 2000 AVE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Jarrod Phillips officer: Chief Financial Officer C/O ARES MANAGEMENT LLC, 245 PARK AVENUE, 42ND FLOOR, NEW YORK NY 100167
Michael R Mcferran officer: EVP, CFO & Treasurer 555 CALIFORNIA STREET, 50TH FLOOR, SAN FRANCISCO CA 94104
Michael D Weiner officer: EVP, CLO & Secretary 10250 CONSTELLATION BLVD, SUITE 2900, LOS ANGELES CA 90067-6229