Ex-Dividend Reminder: Ares Management, Hillenbrand and Air LeaseBy Dividend Channel Staff, Tuesday, December 14, 10:15 AM ETOn 12/16/21, Ares Management Corp (NYSE:ARES), Hillenbrand Inc (NYSE:HI), and Air Lease Corp (NYSE:AL) will all trade ex-dividend for their respective upcoming dividends. Ares Management Corp will pay its quarterly dividend of $0.47 on 12/31/21, Hillenbrand Inc will pay its quarterly dividend of $0.2175 on 12/30/21, and Air Lease Corp will pay its quarterly dividend of $0.185 on 1/5/22. As a percentage of ARES's recent stock price of $76.40, this dividend works out to approximately 0.62%, so look for shares of Ares Management Corp to trade 0.62% lower — all else being equal — when ARES shares open for trading on 12/16/21. Similarly, investors should look for HI to open 0.44% lower in price and for AL to open 0.43% lower, all else being equal. Below are dividend history charts for ARES, HI, and AL, showing historical dividends prior to the most recent ones declared. Ares Management Corp (NYSE:ARES): Hillenbrand Inc (NYSE:HI): Air Lease Corp (NYSE:AL): In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 2.46% for Ares Management Corp, 1.76% for Hillenbrand Inc, and 1.73% for Air Lease Corp. Special Offer: Join the income investing conversation on ValueForum.com with a special Seven Days for Seven Dollars invitation. In Tuesday trading, Ares Management Corp shares are currently off about 1.7%, Hillenbrand Inc shares are trading flat, and Air Lease Corp shares are down about 0.9% on the day.
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