Oaktree Capital Managementa hedge fund with at least $159 billion in assets under management, employs a diversified mix of global investment strategies across four categories: credit, private equity, Tangible assets and listed shares.
On April 12, 2012, the Howard brands-Founded company was listed on the New York Stock Exchange. On March 13, 2019 Canadian multinational company Brookfield Wealth Management acquired a 62 percent stake in Oaktree for approximately $4.7 billion.
Oaktree’s client base now includes 69 of the top 100 US pension plans, 39 of the top 50 US state pension plans and more than 500 companies worldwide, with 20% of its assets invested in public funds. Read on to learn about three high-performing Oaktree stocks that traded in the second quarter of 2022.
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- Eagle Bulk Shipping Inc. EGLE offers a dividend yield of 17.93%, or $8.88 per share annually, makes quarterly payments and has a track record of increasing its dividends once in the past year. The logistics company, which specializes in sea transportation of dry bulk cargo, reported record net income of $94.5 million in the second quarter of 2022. It fetched a Time Charter Equivalent (TCE) of $30,207 per day. The company generated net sales of $198.7 million, of which $138.2 million was TCE revenue.
- Runway Growth Finance Corporation Rail offers a dividend yield of 11.76%, or $1.32 per share annually through quarterly payments, with a track record of a one-time increase in its dividends over the past year. The senior secured lending provider announced third quarter results on November 3, including a portfolio update of nine investments in new and existing businesses representing $216 million in new commitments and $161 million in funded loans. This brings the company’s total loan commitments and funded investments to $2 billion.
- Chesapeake Energy Corporation CHK offers a dividend yield of 12.97% or $1.00 per share annually,…
