Brookfield Asset Management Ltd. (TSE:BAM) Declares $0.44 Quarterly Dividend

Key Points

• Brookfield Asset Management Ltd. announced a quarterly dividend of $0.44 per share, with investors of record to receive this on September 29th.
• The dividend represents a 2.1% yield on an annualized basis, with the ex-dividend date set for August 29th.
• As of the latest trading session, Brookfield's stock is priced at C$82.96 and has a market cap of C$97.40 billion, reflecting strong performance with a **52-week range of C$52.96 to C$90.24**.

Brookfield Asset Management Ltd. (TSE:BAM - Get Free Report) NYSE: BAM announced a quarterly dividend on Friday, August 29th, TickerTech Dividends reports. Stockholders of record on Monday, September 29th will be given a dividend of 0.4375 per share on Monday, September 29th. This represents a c) annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend is Friday, August 29th.

Brookfield Asset Management Stock Down 1.1%

Shares of BAM traded down C$0.90 during trading hours on Monday, hitting C$82.65. 7,646,860 shares of the company were exchanged, compared to its average volume of 1,391,163. The company has a market cap of C$133.33 billion and a price-to-earnings ratio of 57.80. Brookfield Asset Management has a fifty-two week low of C$52.96 and a fifty-two week high of C$90.24. The firm's fifty day moving average is C$81.52 and its 200 day moving average is C$76.89.

About Brookfield Asset Management

Brookfield Corp, formerly Brookfield Asset Management Inc owns and manages the commercial property, power, and infrastructure assets. Its investment focus includes Real Estate, Infrastructure, Renewable Power and Private Equity. Real Estate is made up of office and retail properties; Renewable power is made up of hydroelectric, wind, solar, and storage generating facilities; Infrastructure is made up of utilities, transport, energy, data infrastructure, and sustainable resource assets; and Private Equity is focused on business services, infrastructure services, and industrial operations.