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Oaktree Capital Group, LLC (OAK) Ex-Dividend Date Scheduled for August 14, 2013

By: NASDAQ.com News
Posted: 8/13/2013 7:02:00 AM
Referenced Stocks: AMP;BEN;OAK

Oaktree Capital Group, LLC ( OAK ) will begin trading ex-dividend on August 14, 2013. A cash dividend payment of $1.51 per share is scheduled to be paid on August 20, 2013. Shareholders who purchased OAK stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 7.09% increase over the prior quarter. At the current stock price of $54.41, the dividend yield is 11.1%.

The previous trading day's last sale of OAK was $54.41, representing a -8.55% decrease from the 52 week high of $59.50 and a 46.58% increase over the 52 week low of $37.12.

OAK is a part of the Finance sector, which includes companies such as Franklin Resources, Inc. ( BEN ) and AMERIPRISE FINANCIAL SERVICES, INC. ( AMP ). OAK's current earnings per share, an indicator of a company's profitability, is $5.76. Zacks Investment Research reports OAK's forecasted earnings growth in 2013 as 1.32%, compared to an industry average of 8.4%.

For more information on the declaration, record and payment dates, visit the OAK Dividend History page.