Oaktree Capital Group LLC Unit (OAK) Stock Price, News & Analysis

Oaktree Capital Group LLC Unit (NYSE:OAK) released its quarterly earnings results on Thursday, October, 25th. The asset manager reported $0.78 earnings per share for the quarter, topping analysts' consensus estimates of $0.49 by $0.29. The asset manager earned $320.17 million during the quarter, compared to analysts' expectations of $272.40 million. Oaktree Capital Group LLC Unit had a trailing twelve-month return on equity of 19.02% and a net margin of 17.16%.

Oaktree Capital Group LLC Unit (NYSE:OAK) pays an annual dividend of $4.20 per share and currently has a dividend yield of 8.15%. OAK has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 159.70%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, OAK will have a dividend payout ratio of 116.02% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for OAK.

Based on aggregate information from My MarketBeat watchlists, some companies that other Oaktree Capital Group LLC Unit investors own include AT&T (T), Citigroup (C), Gilead Sciences (GILD), Micron Technology (MU), NVIDIA (NVDA), Blackstone (BX), Tencent (TCEHY), Alibaba Group (BABA), AbbVie (ABBV) and McDonald's (MCD).