Home Markets Dividend Growth of Fortress Investment Group LLC(FIG)

Dividend Growth of Fortress Investment Group LLC(FIG)


Fortress Investment Group LLC(FIG) is having a Dividend Yield of 4.51% with the Annual cash Dividend per share of $0.35. The last quarter cash dividend per share pay out was $0.09. Fortress Investment Group LLC has a 5 year average dividend yield of 4.77% and the stock has a Indicated annual dividend of $0.36. Fortress Investment Group LLC(FIG) formally announced its most recent dividend on December 5, 2016 with a Dividend per share of $0.09. The new indicated annual dividend based on announced dividend per share is $0.36. The dividend yield based on the forward looking indicated annual dividend is 4.51%. Fortress Investment Group LLC(FIG) has the most recent dividend payout ratio of 0.38 with a 5-year average payout ratio of 0.38. The 5 year historical dividend growth of Fortress Investment Group LLC(FIG) is at the rate of 14.59% while the R-Squared dividend growth is 0.86. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.

Fortress Investment Group LLC (NYSE:FIG) witnessed a decline in the market cap on Thursday as its shares dropped 0.25% or 0.02 points. After the session commenced at $7.98, the stock reached the higher end at $8 while it hit a low of $7.96. With the volume soaring to 36,787,015 shares, the last trade was called at $7.97. The company has a 52-week high of $8.05. The company has a market cap of $3,077 million and there are 386,046,960 shares in outstanding. The 52-week low of the share price is $4.02. Shares of Fortress Investment Group LLC rose by 36.24% in the last five trading days and 56.58% for the last 4 weeks. Fortress Investment Group LLC is up 55.06% in the last 3-month period. Year-to-Date the stock performance stands at 63.99%.

Currently the company Insiders own 45.2% of Fortress Investment Group LLC shares according to the proxy statements. Institutional Investors own 30.31% of Fortress Investment Group LLC shares. Company has reported several Insider transactions to the SEC, on Aug 31, 2015, Wesley R Edens (Principal) purchased 200,000 shares at 6.06 per share price.On Aug 24, 2015, Michael G. Rantz (director) purchased 20,000 shares at 5.87 per share price.On Jun 1, 2015, Daniel Bass (Chief Financial Officer) sold 35,000 shares at 7.76 per share price.

Fortress Investment Group LLC Last issued its quarterly earnings results on Nov 3, 2016. The company reported $0.23 EPS for the quarter, beating the analyst consensus estimate by $ 0.04. Analyst had a consensus of $0.19. The company had revenue of $261.10 million for the quarter, compared to analysts expectations of $241.86 million. The companys revenue was down -1.1 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.15 EPS.

FORTRESS INVESTMENT Group is a leading global alternative asset manager with approximately $34.2 billion in assets under management as of March 31, 2008. Fortress is headquartered in New York and has affiliates with offices in Chicago, Dallas, Frankfurt, Geneva, Hong Kong, London, Los Angeles, Munich, New Canaan, Rome, San Francisco, San Diego, Sydney, Tokyo and Toronto.Fortress raises, invests and manages private equity funds and hedge funds. Fortress intends to grow its existing businesses, while continuing to create innovative products to meet the increasing demand by sophisticated investors for superior risk-adjusted investment returns.



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