Fortress Investment Group (FIG) Declares $0.09 Quarterly Dividend; 4.5% Yield

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Go back to Fortress Investment Group (FIG) Declares $0.09 Quarterly Dividend; 4.5% Yield

Fortress Reports First Quarter 2017 Results and Announces Dividend of $0.09 per Share

May 8, 2017 8:04 AM EDT

NEW YORK--(BUSINESS WIRE)-- Fortress Investment Group LLC (NYSE: FIG) (Fortress or the Company) today reported its first quarter 2017 financial results.

FINANCIAL SUMMARY

Fortress declared a cash dividend of $0.09 per dividend paying share for the first quarter 2017 Management Fee Paying Assets Under Management (AUM) of $70.2 billion as of March 31, 2017, up 1% compared to the previous quarter GAAP net loss of $7 million, or a $0.02 loss per diluted Class A share, for the first quarter of 2017, compared to a GAAP net loss of $16 million, or a $0.04... More