This Undervalued High Dividend Stock Blew Out Earnings And Has Big Dividend Growth Potential

Like many of the stocks in our articles, this week's focus stock has an attractive dividend yield and option yields. However, even though this stock is a major player in the Asset Management industry, it isn't heavily covered by SA authors. Why? Probably because sorting out its complex business and its earnings is a bit like herding cats.

The Blackstone Group, LP, (BX) is the world's largest independent alternative asset manager, serving the investment needs of leading public pension funds, academic and charitable institutions and other investors for more than 25 years. Its funds include private equity funds, real estate funds, customized hedge fund solution funds, credit-oriented funds and publicly traded closed-end mutual funds. BX also provides investment advice and management services to institutional investors through a variety of separately managed accounts.

Source: Seeking Alpha

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