Blackstone Had A Great Q2, The Dividend Was Higher, And Performance Has Been Outstanding
- At the end of Q2 2014 BX had a record $278B Assets under Management -- up 21% year over year.
- Net Income was up 89% year over year in Q2 2014.
- Distributable Earnings per common unit were up 128% year over year to $0.65 compared to $0.28 per common unit.
- The performance seems fantastic; but there may be other factors investors may wish to consider. Read the article to find out more about those.