Brookfield Asset Management Ltd. (TSE:BAM - Get Free Report) NYSE: BAM declared a quarterly dividend on Wednesday, May 8th, Zacks reports. Stockholders of record on Friday, May 31st will be paid a dividend of 0.524 per share on Friday, June 28th. This represents a $2.10 annualized dividend and a dividend yield of 3.83%. The ex-dividend date of this dividend is Friday, May 31st. This is an increase from Brookfield Asset Management's previous quarterly dividend of $0.38.
Brookfield Asset Management Trading Up 1.7 %
TSE:BAM traded up C$0.93 during mid-day trading on Thursday, reaching C$54.71. 621,855 shares of the company's stock traded hands, compared to its average volume of 931,747. The company has a 50 day moving average price of C$55.27 and a 200-day moving average price of C$51.79. The firm has a market capitalization of C$21.27 billion and a price-to-earnings ratio of 35.30. The company has a debt-to-equity ratio of 1.73, a current ratio of 4.39 and a quick ratio of 0.95. Brookfield Asset Management has a 12-month low of C$39.38 and a 12-month high of C$58.19.
Brookfield Asset Management (TSE:BAM - Get Free Report) NYSE: BAM last announced its earnings results on Wednesday, February 7th. The company reported C$0.49 earnings per share for the quarter, beating analysts' consensus estimates of C$0.47 by C$0.02. The firm had revenue of C$1.54 billion for the quarter. Brookfield Asset Management had a net margin of 45.27% and a return on equity of 18.68%. On average, sell-side analysts predict that Brookfield Asset Management will post 1.9906994 earnings per share for the current year.
Brookfield Asset Management Company Profile
(
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Brookfield Asset Management Ltd. is a real estate investment firm specializing in alternative asset management services. Its renewable power and transition business includes the operates in the hydroelectric, wind, solar, distributed generation, and sustainable solution sector. The company's infrastructure business engages in the utilities, transport, midstream, and data infrastructure sectors.
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