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Oaktree Capital Group, LLC (OAK) Ex-Dividend Date Scheduled for May 15, 2013

Posted
5/14/2013 9:00:00 AM
By: NASDAQ.com News
Referenced Stocks:AMP;BEN;OAK

Oaktree Capital Group, LLC ( OAK ) will begin trading ex-dividend on May 15, 2013. A cash dividend payment of $1.41 per share is scheduled to be paid on May 21, 2013. Shareholders who purchased OAK stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 34.29% increase over the prior quarter. At the current stock price of $57.12, the dividend yield is 9.87%.

The previous trading day's last sale of OAK was $57.12, representing a -1.5% decrease from the 52 week high of $57.99 and a 68% increase over the 52 week low of $34.

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 $4.89. Zacks Investment Research reports OAK's forecasted earnings growth in 2013 as -1.3%, compared to an industry average of 10.3%.

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