Brookfield Asset Management (TSE:BAM.A) Stock Crosses Above 200 Day Moving Average of $63.91
Brookfield Asset Management Inc (TSE:BAM.A) (NYSE:BAM)’s stock price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $63.91 and traded as high as $69.74. Brookfield Asset Management shares last traded at $69.71, with a volume of 270,418 shares trading hands.
The business has a 50 day moving average of C$67.26 and a 200-day moving average of C$63.97. The company has a market capitalization of $69.28 billion and a P/E ratio of 23.93. The company has a debt-to-equity ratio of 126.47, a quick ratio of 1.05 and a current ratio of 1.69.
The business also recently announced a quarterly dividend, which will be paid on Monday, September 30th. Shareholders of record on Monday, September 30th will be paid a $0.16 dividend. The ex-dividend date of this dividend is Thursday, August 29th. This represents a $0.64 annualized dividend and a yield of 0.92%. Brookfield Asset Management’s dividend payout ratio is currently 29.21%.
About Brookfield Asset Management (TSE:BAM.A)
Brookfield Asset Management Inc is a publicly owned asset management holding company. The firm specializes in early stage, acquisition, distressed investments, short-term financing to mid-market companies, corporate carve-outs, recapitalizations, convertible, senior and mezzanine financings, operational and capital structure restructuring, strategic re-direction, turnaround, and under-performing midmarket companies.
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