{"id":3188,"date":"2025-03-02T13:26:00","date_gmt":"2025-03-02T18:26:00","guid":{"rendered":"https:\/\/sharewatch.com\/wp\/2025\/03\/02\/upcoming-dividend-run-for-ares\/"},"modified":"2025-03-02T13:26:00","modified_gmt":"2025-03-02T18:26:00","slug":"upcoming-dividend-run-for-ares","status":"publish","type":"post","link":"https:\/\/sharewatch.com\/wp\/2025\/03\/02\/upcoming-dividend-run-for-ares\/","title":{"rendered":"Upcoming Dividend Run For ARES?"},"content":{"rendered":"<div class=\"layout__region nsdq-l-grid__item syndicated-article-body\">\n<section class=\"jupiter22-c-article-body\">\n<div class=\"body\">\n<div class=\"body__content\">\n<p>This morning a &#8220;Potential Dividend Run Alert&#8221; went out for Ares Management Corp (NYSE: ARES), at our DividendChannel.com Dividend Alerts service (a free email alerts feature).  Let&#8217;s look at the situation in greater detail, shall we?  <\/p>\n<p>First of all, what is a &#8220;Dividend Run&#8221; anyway?  This is an interesting concept which we first learned about at a past ValueForum conference.  And to best explain the concept, we need to start with the expected behavior of a stock on its <i>ex-dividend<\/i> date.<\/p>\n<div class=\"ads__inline\">\n<div id=\"js-dfp-tag-QVs\"  class=\"btf-bodymidpagetwothirdswidth-1\">          <script type=\"text\/javascript\">         googletag.cmd.push(function() {             \/\/ Check if ID matches ID in the window.adsList array before calling googletag.display             function isAdInAdsList(id) {             for (var i = 0; i < window.adsList.length; i++) {                 if (window.adsList[i].id === id) {                     return true;                 }             }             return false;         }         if (isAdInAdsList('js-dfp-tag-QVs')) {             googletag.display('js-dfp-tag-QVs');         }         });     <\/script> <\/div>\n<\/p><\/div>\n<p>For anyone unfamiliar with the term, the <i>ex-dividend date<\/i> marks the trading day when any buyer of the stock is no longer entitled to the referenced dividend \u2014 in other words, to be eligible to receive the dividend in question, one would have had to purchase their shares <i>before<\/i> the ex-dividend date.<\/p>\n<p>All else equal, the stock price would be expected to <i>drop by the dividend amount<\/i> on that <i>ex-<\/i>date (remember, that's \"all else equal\" and naturally other factors will drive stocks higher\/lower on any given day).  But think about it: if a buyer is entitled to a 1.12 dividend <i>before<\/i> ex-date, but no longer entitled to that amount <i>on or after<\/i> ex-date, then this drop makes perfect sense!  Because if the shares <i>didn't<\/i> drop by that same 1.12 the next day, then <i>effectively<\/i>, buyers would effectively be paying 1.12 <i>more<\/i> for the same share of stock.<\/p>\n<p>But now think about <i>this:<\/i> if a stock is expected to <i>drop<\/i> by the dividend amount (all else equal) <i>on<\/i> ex-date, then in turn, shouldn't that stock be expected to <i>rise<\/i> sometime <i>ahead<\/i> of a dividend?  After all, if a dividend-paying stock didn't ever rise and only fell on each and every ex-date, then eventually after enough dividend payments those shares would have fallen to zero.  And <i>that<\/i> wouldn't make <i>any<\/i> sense for a company continually earning money and paying dividends.  So indeed, \"sometime\" <i>before<\/i> a given dividend, there should be sort of a built-in \"pressure\" for a stock to gradually rise in expectation of that next cash dividend... in other words: pressure for the stock to have a potential <i>Dividend Run<\/i>.<\/p>\n<p>And notice we put the word \"sometime\" in quotes in that last sentence, because there are differing views among different dividend investors about <i>timeframe<\/i> when it comes to capturing Dividend Run effects.  Some like to invest (and then also to sell) on specific target dates; others like to employ some form of dollar cost averaging.  Some like to invest shortly before ex-div, hold for the dividend, and then sell on or after ex-date (having actually capturing the dividend \/ received the income).  Others like to sell the day <i>before<\/i> ex-date (the last possible day where the buyer of the shares will still be \"paying for\" the upcoming dividend) with the idea to try and maximize <i>capital gain<\/i>.  In this capital-gain-focused scenario, one common timeframe we've seen discussed, is to buy about two weeks (ten trading days) prior to the targeted sale date.<\/p>\n<p>For example, consider the 0.93\/share ARES dividend that went \"ex-dividend\" on 12\/17\/24.  On the prior trading day \u2014 the last day where a seller knows that the buyer of their shares will be expecting that dividend amount \u2014 shares of ARES closed at 183.70.  And two weeks (ten trading days) prior to <i>that<\/i>, on 12\/02\/24, shares closed at a price of 173.95.  That means that in the final two-week run-up to the 0.93 dividend, ARES gained 9.75 in price.<\/p>\n<div class=\"ads__inline\">\n<div id=\"js-dfp-tag-r0k\"  class=\"btf-bodymidpagetwothirdswidth-2\">          <script type=\"text\/javascript\">         googletag.cmd.push(function() {             \/\/ Check if ID matches ID in the window.adsList array before calling googletag.display             function isAdInAdsList(id) {             for (var i = 0; i < window.adsList.length; i++) {                 if (window.adsList[i].id === id) {                     return true;                 }             }             return false;         }         if (isAdInAdsList('js-dfp-tag-r0k')) {             googletag.display('js-dfp-tag-r0k');         }         });     <\/script> <\/div>\n<\/p><\/div>\n<p>Looking back at the last four dividends paid by ARES, this strategy would have captured a capital gain in excess of the dividend 3 out of 4 times, with a \"Divvy Run\" total of +7.05 in capital gains.  Incidentally, that <i>exceeds<\/i> the sum total <i>dividend<\/i> amounts across those last four dividends, of 3.72.  Here's the data:<\/p>\n<\/p>\n<section class=\"feed-table__wrapper\">\n<table border=\"0\" cellspacing=\"0\" cellpadding=\"8\" style=\"font-family: Calibri,Arial\" class=\"feed-table\">\n<tr style=\"background-color:#EEEEEE; height: 40px;\">\n<th colspan=\"2\" style=\"border-bottom: 1px solid #CCCCCC\">Ex-Dividend<\/th>\n<th colspan=\"2\" style=\"border-bottom: 1px solid #CCCCCC\">\u2014\u2014Price 2 Weeks Prior\u2014\u00bb<\/th>\n<th colspan=\"2\" style=\"border-bottom: 1px solid #CCCCCC\">\u2014\u2014Price 1 Day Prior\u2014\u00bb<\/th>\n<th style=\"border-bottom: 1px solid #CCCCCC\">Run Gain\/Loss<\/th>\n<\/tr>\n<tr>\n<td align=\"center\" style=\"background-color: #F5F8E7; border-bottom: 1px solid #D4D7C8; height: 40px;\">12\/17\/24<\/td>\n<td align=\"right\" style=\"background-color: #F5F8E7; border-bottom: 1px solid #D4D7C8; height: 40px;\">0.93<\/td>\n<td align=\"center\" style=\"background-color: #F6EEFF; border-bottom: 1px solid #D8D1E0; height: 40px;\">12\/02\/24<\/td>\n<td align=\"right\" style=\"background-color: #F6EEFF; border-bottom: 1px solid #D8D1E0; height: 40px;\">173.95<\/td>\n<td align=\"center\" style=\"background-color: #DCEDFF; border-bottom: 1px solid #C7D7E7; height: 40px;\">12\/16\/24<\/td>\n<td align=\"right\" style=\"background-color: #DCEDFF; border-bottom: 1px solid #C7D7E7; height: 40px;\">183.70<\/td>\n<td align=\"right\" style=\"background-color: #FFFDBC; border-bottom: 1px solid #E8E6AB; height: 40px;\"><b>+9.75<\/b><\/td>\n<\/tr>\n<tr>\n<td align=\"center\" style=\"background-color: #F5F8E7; border-bottom: 1px solid #D4D7C8; height: 40px;\">09\/16\/24<\/td>\n<td align=\"right\" style=\"background-color: #F5F8E7; border-bottom: 1px solid #D4D7C8; height: 40px;\">0.93<\/td>\n<td align=\"center\" style=\"background-color: #F6EEFF; border-bottom: 1px solid #D8D1E0; height: 40px;\">08\/29\/24<\/td>\n<td align=\"right\" style=\"background-color: #F6EEFF; border-bottom: 1px solid #D8D1E0; height: 40px;\">144.35<\/td>\n<td align=\"center\" style=\"background-color: #DCEDFF; border-bottom: 1px solid #C7D7E7; height: 40px;\">09\/13\/24<\/td>\n<td align=\"right\" style=\"background-color: #DCEDFF; border-bottom: 1px solid #C7D7E7; height: 40px;\">147.40<\/td>\n<td align=\"right\" style=\"background-color: #FFFDBC; border-bottom: 1px solid #E8E6AB; height: 40px;\"><b>+3.05<\/b><\/td>\n<\/tr>\n<tr>\n<td align=\"center\" style=\"background-color: #F5F8E7; border-bottom: 1px solid #D4D7C8; height: 40px;\">06\/14\/24<\/td>\n<td align=\"right\" style=\"background-color: #F5F8E7; border-bottom: 1px solid #D4D7C8; height: 40px;\">0.93<\/td>\n<td align=\"center\" style=\"background-color: #F6EEFF; border-bottom: 1px solid #D8D1E0; height: 40px;\">05\/30\/24<\/td>\n<td align=\"right\" style=\"background-color: #F6EEFF; border-bottom: 1px solid #D8D1E0; height: 40px;\">142.98<\/td>\n<td align=\"center\" style=\"background-color: #DCEDFF; border-bottom: 1px solid #C7D7E7; height: 40px;\">06\/13\/24<\/td>\n<td align=\"right\" style=\"background-color: #DCEDFF; border-bottom: 1px solid #C7D7E7; height: 40px;\">133.76<\/td>\n<td align=\"right\" style=\"background-color: #FFFDBC; border-bottom: 1px solid #E8E6AB; height: 40px;\"><b>-9.22<\/b><\/td>\n<\/tr>\n<tr>\n<td align=\"center\" style=\"background-color: #F5F8E7; border-bottom: 1px solid #D4D7C8; height: 40px;\">03\/14\/24<\/td>\n<td align=\"right\" style=\"background-color: #F5F8E7; border-bottom: 1px solid #D4D7C8; height: 40px;\">0.93<\/td>\n<td align=\"center\" style=\"background-color: #F6EEFF; border-bottom: 1px solid #D8D1E0; height: 40px;\">02\/28\/24<\/td>\n<td align=\"right\" style=\"background-color: #F6EEFF; border-bottom: 1px solid #D8D1E0; height: 40px;\">131.25<\/td>\n<td align=\"center\" style=\"background-color: #DCEDFF; border-bottom: 1px solid #C7D7E7; height: 40px;\">03\/13\/24<\/td>\n<td align=\"right\" style=\"background-color: #DCEDFF; border-bottom: 1px solid #C7D7E7; height: 40px;\">134.72<\/td>\n<td align=\"right\" style=\"background-color: #FFFDBC; border-bottom: 1px solid #E8E6AB; height: 40px;\"><b>+3.47<\/b><\/td>\n<\/tr>\n<tr style=\"background-color:#EEEEEE; height: 40px;\">\n<td align=\"center\">Div Total:<\/td>\n<td align=\"right\">3.72<\/td>\n<td colspan=\"4\" align=\"right\">\"Divvy Run\" Total:<\/td>\n<td align=\"right\"><b>+7.05<\/b><\/td>\n<\/tr>\n<\/table>\n<\/section>\n<p>In about two weeks from now, Ares Management Corp (NYSE: ARES) will go ex-dividend for its latest dividend of 1.12\/share.  Will Dividend Run history repeat itself?<\/p>\n<p>  Upcoming Dividend: 1.12\/share<br \/> Ex-Div Date: 03\/17\/25<br \/> Payment Date: 03\/31\/25<br \/> Dividend Frequency: Quarterly<br \/> Full ARES Dividend History \u00bb  <\/p>\n<p>As the saying goes, past performance is never a guarantee of future returns.  But one thing's for sure: for those investors who count Dividend Runs among the tools in their arsenal, ARES is a good dividend stock to know about and have on your radar screen with its implied annualized yield of 2.62%.<\/p>\n<p>Stay tuned for future Dividend Run candidates, and if you'd like to receive email alerts right into your inbox, enroll in our free Dividend Alerts feature, courtesy of DividendChannel.com.  \t<\/p>\n<div class=\"ads__inline\">\n<div id=\"js-dfp-tag-WsI\"  class=\"btf-bodymidpagetwothirdswidth-3\">          <script type=\"text\/javascript\">         googletag.cmd.push(function() {             \/\/ Check if ID matches ID in the window.adsList array before calling googletag.display             function isAdInAdsList(id) {             for (var i = 0; i < window.adsList.length; i++) {                 if (window.adsList[i].id === id) {                     return true;                 }             }             return false;         }         if (isAdInAdsList('js-dfp-tag-WsI')) {             googletag.display('js-dfp-tag-WsI');         }         });     <\/script> <\/div>\n<\/p><\/div>\n<div class=\"taboola-placeholder\">\n<div id=\"taboola-mid-article-thumbnails\"><\/div>\n<\/div>\n<p>                 <script type=\"text\/javascript\">                     !function (e, f, u) {                     e.async = 1;                     e.src = u; f.parentNode.insertBefore(e, f);                     }(document.createElement('script'), document.getElementsByTagName('script')[0], '\/\/cdn.taboola.com\/libtrc\/nasdaq-nasdaq\/loader.js');                     window._taboola = window._taboola || [];                     _taboola.push({                       mode: 'thumbnails-a-mid',                       container: 'taboola-mid-article-thumbnails',                       placement: 'Mid Article Thumbnails',                       target_type: 'mix'                     });                     _taboola.push({article:'auto', url:''});                 <\/script><\/p>\n<h5>Also see:<\/h5>\n<p> \t\u0095 CVRS Historical Stock Prices<br \/> \t\u0095 RECN YTD Return<br \/> \t\u0095 OLIT YTD Return \t<\/p>\n<\/p>\n<div class=\"video__inline\">\n<div class=\"video-placeholder\"><\/div>\n<\/div>\n<p>                       <script type=\"text\/javascript\">                       \/\/ Run Ex.co Script and mid-article placement                      (function (d, s, n) {                          var js, fjs = d.getElementsByTagName(s)[0];                          js = d.createElement(s);                          js.className = n;                          js.src = \"http:\/\/player.ex.co\/player\/4c49b82f-103d-41ce-9191-ffa4d1f737fb\";                          fjs.parentNode.insertBefore(js, fjs);                      }(document, 'script', 'exco-player'));                      \/\/ Ex.co placeholder div                      var element = document.getElementsByClassName('video-placeholder')[0];                      var excoDiv = document.createElement('div');                      excoDiv.id = '4c49b82f-103d-41ce-9191-ffa4d1f737fb';                      if (element && document.getElementById('4c49b82f-103d-41ce-9191-ffa4d1f737fb') == undefined) {                         element.append(excoDiv);                      }                     <\/script>                                                                     <\/p>\n<p class=\"body__disclaimer\">The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/section>\n<p>        <script type=\"text\/javascript\">   \/\/ add oddAd class to every odd instance of body .ads__inline for different placeholder styles   let articleAds = document.querySelectorAll('.ads__inline');   for (let i = 0, len = articleAds.length; i < len; i++) {     \/\/ Do the below only if the curent count is less than 12     if ((i < 12) &#038;&#038; (i % 2 === 0)) {       articleAds[i].className += ' oddAd';     }   } <\/script>                                               <\/p>\n<div class=\"jupiter22-c-tags jupiter22-c-tags-default\">\n<h3 class=\"jupiter22-c-tags-title\">         Tags       <\/h3>\n<div class=\"jupiter22-c-tags-container\">MarketsStocks<\/div>\n<\/p><\/div>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>This morning a &#8220;Potential Dividend Run Alert&#8221; went out for Ares Management Corp (NYSE: ARES), at our DividendChannel.com Dividend Alerts service (a free email alerts feature). Let&#8217;s look at the situation in greater detail, shall we? First of all, what is a &#8220;Dividend Run&#8221; anyway? This is an interesting concept which we first learned about [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":3189,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"","ocean_second_sidebar":"","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"","ocean_custom_header_template":"","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"","ocean_menu_typo_font_family":"","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"on","ocean_gallery_id":[],"footnotes":""},"categories":[18],"tags":[],"class_list":["post-3188","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stock","entry","has-media"],"_links":{"self":[{"href":"https:\/\/sharewatch.com\/wp\/wp-json\/wp\/v2\/posts\/3188","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sharewatch.com\/wp\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sharewatch.com\/wp\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sharewatch.com\/wp\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sharewatch.com\/wp\/wp-json\/wp\/v2\/comments?post=3188"}],"version-history":[{"count":0,"href":"https:\/\/sharewatch.com\/wp\/wp-json\/wp\/v2\/posts\/3188\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sharewatch.com\/wp\/wp-json\/wp\/v2\/media\/3189"}],"wp:attachment":[{"href":"https:\/\/sharewatch.com\/wp\/wp-json\/wp\/v2\/media?parent=3188"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sharewatch.com\/wp\/wp-json\/wp\/v2\/categories?post=3188"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sharewatch.com\/wp\/wp-json\/wp\/v2\/tags?post=3188"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}