Fortress Investment Group (FIG) Declares $0.09 Quarterly Dividend; 7.4% Yield
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Fortress Reports Second Quarter 2016 Results and Announces Dividend of $0.09 per Share
July 28, 2016 7:30 AM EDTNEW YORK--(BUSINESS WIRE)-- Fortress Investment Group LLC (NYSE: FIG) (Fortress or the Company) today reported its second quarter 2016 financial results.
FINANCIAL SUMMARY
Fortress declared a cash dividend of $0.09 per dividend paying share for the second quarter 2016 Management Fee Paying Assets Under Management (AUM) of $70.2 billion as of June 30, 2016, down slightly compared to the previous quarter and a decrease of 2% compared to June 30, 2015 GAAP net loss of $27 million, or a $0.07 loss per diluted Class A share, for the second quarter of 2016, compared... More