% | $
Quotes you view appear here for quick access.

The Blackstone Group L.P. Message Board

  • billlewisiv billlewisiv Feb 22, 2013 8:36 AM Flag

    "Dividend" misconceptions

    First of all, it's not even a dividend, it's a "partnership distribution." There are differences, especially when it comes to tax time. And what's really amazing to me is how many reports, financial services, websites, etc, have a misconception about the yield...they all see the 42 cent pay-out for the fourth quarter, and multiply that by four, coming up with an 8-9% yield. Idiots! One report even wondered how they could continue paying out such a high yield, lowering their rating of the stock based on this misconception. It's just one small example of how much bad information is out there. The yield for 2012 was about 4% (.10 plus .10 plus .10 plus .42, adding up to .72 for the year, NOT 1.86)

    And it will change for 2013.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
25.34-0.04(-0.16%)Oct 27 4:02 PMEDT