Filed under: Stocks to Buy
Dividend Yield: 15.9%
Market Cap: $1.2 billion
Och-Ziff Capital Management (OZM) is a publicly traded hedge fund and investment manager. The bull market has been very kind to this stock in the past year or so, and the results show in its bottom line.
In its latest earnings report in February, Och-Ziff said its assets ballooned by $500 million in the past six weeks with a total of $24 billion under management as of Feb. 1. The company’s just paid a 58-cent quarterly dividend on Feb. 18 to shareholders of record on Dec. 31, and shows no sign of a cut anytime soon.
Continue reading Dividend Stock #2: Och-Ziff Capital Management (OZM)
Dividend Stock #2: Och-Ziff Capital Management (OZM) originally appeared on BloggingStocks on Sun, 14 Mar 2010 12:00:00 EST. Please see our terms for use of feeds.
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Dividends are an often overlooked but crucial part of a successful retirement strategy. These quarterly offerings can provide a regular “paycheck” for retirees — especially when the company is a high-yielding blue chip with a track record of boosting its dividend year after year.
