Fortress Investment Group (FIG) Declares $0.08 Quarterly Dividend; 5.4% Yield

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Go back to Fortress Investment Group (FIG) Declares $0.08 Quarterly Dividend; 5.4% Yield

Fortress Reports Third Quarter 2015 Results and Announces Dividend of $0.08 per Share

October 29, 2015 7:01 AM EDT

NEW YORK--(BUSINESS WIRE)-- Fortress Investment Group LLC (NYSE: FIG) (Fortress or the Company) today reported its third quarter 2015 financial results.

FINANCIAL SUMMARY

Fortress declares a cash dividend of $0.08 per dividend paying share for the third quarter of 2015 Management Fee Paying Assets Under Management (AUM) of $74.3 billion as of September 30, 2015, an increase of 3% from the previous quarter and an increase of 13% from September 30, 2014 GAAP net loss of $26 million, or $(0.07) per diluted Class A share, for the third quarter of 2015, compared to GAAP... More