Oaktree Capital Group, LLC (NYSE:OAK) Updates On Dividend Release Date


On 2016-09-07, Oaktree Capital Group, LLC (NYSE:OAK) confirmed the dividend disbursement of $0.58 a share to shareholders as on record 2016-08-08. The firm will release dividend on 2016-08-12 while ex-dividend date is reported to be 2016-08-04.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Oaktree Capital Group, LLC (NYSE:OAK) paid a total of $0.58 per share in dividends. This figure stood at $0.58 a share in the same period a year ago indicating a deviation of -33.3333%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $50.75 on the stock. This figure is the average of recommendations offered by 4 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $55 and $45, respectively.

Taking the mathematical rating formula, the price for Oaktree Capital Group, LLC (NYSE:OAK) stands at 1.92. Earnings Review Oaktree Capital Group, LLC (NYSE:OAK) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-11-03. For the period ending on 2016-09-30, experts are expecting EPS of $0.59.

Coming to the quarter ending on 2015-12-31, Oaktree Capital Group, LLC (NYSE:OAK) recorded EPS of $0.79. The reported numbers came lower than the analysts’ estimates of $0.53, demonstrating a miss of $0.26 as against reported figures.

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