(A Top Pick Oct 10/12. Up 55.91%.) This is not a company, it is a limited partnership. He found that the US government and Internal Revenue Service are getting increasingly aggressive about cross border taxation and, they basically imposed a withholding tax of 35% of dividends paid unless they filed tax returns in both federal and California.
Manages alternative assets, primarily lower graded bonds such as junk bonds or distressed bonds. They get involved in company takeover, financing. Very smart group of guys. Management owns a lot of the stock. Excellent track record. Pays an enormous dividend of 7.9%. Good way to get exposed to something that we don’t have in Canada.
Oaktree Capital Group is a American stock, trading under the symbol OAK-N on the New York Stock Exchange (OAK). It is usually referred to as NYSE:OAK or OAK-N
In the last year, there was no coverage of Oaktree Capital Group published on Stockchase.
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In the last year, there was no coverage of Oaktree Capital Group published on Stockchase.
On 2019-09-27, Oaktree Capital Group (OAK-N) stock closed at a price of $51.58.
Brilliant investors. Great track record. Very low multiple compared to peers. 4.57% dividend. Returns are the envy of the industry.