Brookfield Wealth Solutions Ltd. Announces Quarterly Dividend of $0.06 (NYSE:BNT)

Key Points

• Brookfield Wealth Solutions Ltd. announced a quarterly dividend of $0.06 per share, set to be paid on September 29th to stockholders of record as of September 12th, representing an annualized dividend yield of 0.4%.
• The company's stock is scheduled for a 3-for-2 split on October 10th, following its recent trading at $64.78, with a 1-year range between $43.69 and $68.87.
• Brookfield Wealth Solutions reported a revenue of $3.04 billion and earnings per share of $0.09 for the last quarter, indicating its strategic focus on retirement services and wealth protection products.

Brookfield Wealth Solutions Ltd. (NYSE:BNT - Get Free Report) declared a quarterly dividend on Friday, August 8th, Wall Street Journal reports. Stockholders of record on Friday, September 12th will be given a dividend of 0.06 per share on Monday, September 29th. This represents a c) dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date is Friday, September 12th.

Brookfield Wealth Solutions Trading Up 0.5%

Shares of BNT stock traded up $0.32 during trading hours on Wednesday, reaching $65.94. The company had a trading volume of 3,446 shares, compared to its average volume of 13,951. The company has a 50 day moving average of $63.12 and a 200 day moving average of $57.86. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.94 and a quick ratio of 0.21. The firm has a market cap of $15.85 billion, a price-to-earnings ratio of 193.95 and a beta of 1.58. Brookfield Wealth Solutions has a 1-year low of $43.69 and a 1-year high of $68.87.

Brookfield Wealth Solutions shares are scheduled to split on Friday, October 10th. The 3-2 split was announced on Thursday, August 7th. The newly created shares will be payable to shareholders after the market closes on Thursday, October 9th.

Brookfield Wealth Solutions (NYSE:BNT - Get Free Report) last issued its quarterly earnings data on Thursday, August 7th. The company reported $0.09 EPS for the quarter. The business had revenue of $3.04 billion for the quarter. Brookfield Wealth Solutions had a return on equity of 0.12% and a net margin of 0.11%.

About Brookfield Wealth Solutions

Brookfield Wealth Solutions is focused on securing the financial futures of individuals and institutions through a range of retirement services, wealth protection products and tailored capital solutions. Through our operating subsidiaries, we offer a broad range of insurance products and services, including annuities, personal and commercial property and casualty insurance and life insurance.The company was incorporated in 2020 and is headquartered in Pembroke, Bermuda.