Ares Management's Series A Preferred Shares Cross 7% Yield Mark
June 14, 2021 at 14:47 PM EDT
In trading on Monday, shares of Ares Management Corp's 7.00% Series A Preferred Units (ARES. RA) were yielding above the 7% mark based on its quarterly dividend (annualized to $1.75), with shares changing hands as low as $24.99 on the day.
