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%.

In other Brookfield Asset Management news, Director Timothy Robert Price bought 100,000 shares of Brookfield Asset Management stock in a transaction that occurred on Monday, August 19th. The stock was acquired at an average cost of C$68.62 per share, for a total transaction of C$6,862,000.00. Following the completion of the transaction, the director now directly owns 3,871,794 shares in the company, valued at C$265,682,504.28. Also, Director Jack Lynn Cockwell sold 400,000 shares of the company’s stock in a transaction dated Friday, August 9th. The stock was sold at an average price of C$66.77, for a total value of C$26,708,000.00. Following the completion of the transaction, the director now owns 13,524,581 shares in the company, valued at C$903,036,273.37. Insiders have sold a total of 539,400 shares of company stock valued at $35,635,727 in the last ninety days.

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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