Janus Capital Group Inc (NYSE:JNS)’s Q1 2014 Earnings Report & Dividend


Dallas, Texas 05/16/2014 (FINANCIALSTRENDS) –Janus Capital Group Inc (NYSE:JNS) recently reported its Q1 net income of $30.5M or $0.16/ diluted share, in comparison with Q4 2013 net-income of $38.3M or $0.21/ diluted share, & the net income of $28.0M, or $0.15/ diluted share, in the Q1 2013. The average assets under its management in  the Q1 2014 were $173.0B in comparison d with $170.3B in the fourth quarter 2013 &  $161.8B in the first quarter 2013.At 31 March, 2014, the company’s total assets that were under management were $174.1B  in comparison to  $173.9B at 31 December 2013 &  $163.8B  at March 31, 2013.

 The increase in the complex-wide-assets during the Q1 2014 reflects the net market appreciation of $1.9B that was partly offset by the long-term and net outflows of $1.7 billion. The fundamental equity & the mathematical equity of long-term net-outflows totaled $2.3B & $0.2B, respectively, while the fixed income in long-term net inflows totaled to $0.8B.

 Morningstar ratings

 As of 31 March 2014, 53% of the complex-wide mutual funds had 4- / 5-star Overall in Morningstar RatingTM.1 As of 31 March 2014, 44% & 59% & 32% of the fundamental equity mutual-fund assets ranked in the top-half of Morningstar categories on the 1, 3 & 5 -year total-return basis, respectively. The fixed income mutual-fund assets also continued generating very strong long-term and relative investment performance- the 100%, 100% & 54% of the mutual fund assets ranked at the top-half of thee Morningstar categories on a 1, 3 & 5 -year total-return basis as of 31 March 2014.

 Dividend announced

 In separate news, JNS started trading ex-dividend on 7 May 2014. The cash dividend payment of $0.08/ share was slated to be paid on 23 May, 2014. The shareholders who bought the company’s stock before the ex-dividend date are now eligible for a cash dividend payment. This also represents the 14.29% rise over the previous quarter.

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