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ARES'B

Ares Management Corp · Series B · Investment Advice
Also quoted as: ARES-B, ARESprB, ARES.PRB, ARES-PB, ARESpB
$41.12
last price

About this security

ARES'B is a 6.75% cumulative convertible preferred stock issued by Ares Management Corp, a Investment Advice issuer. $50 liquidation preference, current yield 8.21%.

Ares Management Corp: Ares Management Corp (ARES) is a global alternative investment manager founded in 1997, operating across credit, real assets, secondaries, and private equity strategies. The firm manages $622.5 billion in assets under management as of December 31, 2025, and serves over 2,850 direct institutional relationships alongside a substantial retail investor base. With more than 4,250 employees spread across 55+ offices in over 25 countries, Ares ranks among the largest alternative asset managers in the world, having grown its AUM from $94 billion a decade prior.

Issuer page — all Ares Management Corp securities & profile →

Key Stats ✓ terms from SEC filing — verify via link below ✓ verified against SEC filing

live page · rendered 10:21:44 UTC · refreshes from the market feed on each visit · last SEC-verified 2026-06-16
Current yield
8.21%
Annual Dividend
$3.3750
Recent Market Price
$41.12
as of 2026-07-31
Disc/Prem to Par (→ screen)
Capital Appreciation to Par
n/a — converts to common
Recent Ex-Date
2026-06-15
Pay Frequency
quarterly
Cumulative
Yes
Original Coupon
6.750%
Call Date
redeemable (date n/a)
Yield to Call
n/a — callable, date n/a
Yield to Worst
n/a — mandatory convertible
Liq. Preference
$50.00
Mandatory Conversion
2027-10-01
Redeemable
Yes
Convertible
Yes
Conversion Price
$153.37–$184.03
Conversion Ratio
0.2717–0.3260
Pay Dates
January 1, April 1, July 1 and October 1
Shares Offered (original)
27,000,000 +3,000,000 OA
Issued
2024-10-08
Series
B
Alt. Symbology
ARES-B, ARESprB, ARES.PRB, ARES-PB, ARESpB

vs. Investment Advice category (6 issues): yield 8.21% vs avg 9.23% · discount -17.8% vs avg -20.4%

Quote

 ARES'B (preferred)ARES (common)
Last $41.12 $134.90
Change
Open$41.24$134.68
High / Low $41.52 / $40.20 $137.50 / $133.43
Prev Close
Volume133,2881,500,802
52-Week High / Low $58.83 / $33.21 $195.26 / $95.80

52-week range based on available history. Shares outstanding / market cap require a fundamentals feed (not in current data plan).

Price

ARES'B ARES (common)

Dividend History

Ex-DateAmount / Share
2026-06-15$0.843750
2026-03-13$0.843750
2025-12-15$0.843750
2025-09-15$0.843750
2025-06-13$0.843750
2025-03-14$0.843750
2024-12-13$0.759375

Performance — $10K Calculator

See what an investment in ARES'B would be worth today, dividends reinvested.

Dividends reinvested (DRIP) at the close on each ex-date. Full performance page →

🔔 Get dividend & filing alerts for ARES'B →

Prospectus (SEC 424B5)

We are offering 27,000,000 shares of our % Series B Mandatory Convertible Preferred Stock (our "mandatory convertible preferred stock"). In addition, we have granted the underwriters an option, which is exercisable within 30 days after the date of this prospectus supplement, to purchase up to an additional 3,000,000 shares of mandatory convertible preferred stock solely to cover over-allotments.

Use of proceeds: Net proceeds are intended to fund the proposed GCP Acquisition, or if that acquisition does not occur, may be used for other purposes including repayment of debt, strategic acquisitions, growth initiatives and other general corporate purposes.

Full Prospectus (SEC filing) →

News — Ares Management Corp

Issuer news via Tiingo — filtered to stories about ARES.

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