Brookfield Asset Management Ltd. (TSE:BAM – Get Free Report) (NYSE:BAM) declared a quarterly dividend on Wednesday, May 8th, Zacks reports. Investors 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 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 Price Performance
Shares of BAM traded up C$0.97 during midday trading on Thursday, reaching C$54.75. The stock had a trading volume of 265,323 shares, compared to its average volume of 927,683. The firm’s 50 day moving average price is C$55.29 and its 200-day moving average price is C$51.78. The company has a market capitalization of C$21.28 billion and a P/E ratio of 34.70. Brookfield Asset Management has a 52 week low of C$39.38 and a 52 week high of C$58.19. 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 (TSE:BAM – Get Free Report) (NYSE:BAM) last posted its quarterly earnings data on Wednesday, February 7th. The company reported C$0.49 EPS for the quarter, topping analysts’ consensus estimates of C$0.47 by C$0.02. Brookfield Asset Management had a net margin of 45.27% and a return on equity of 18.68%. The firm had revenue of C$1.54 billion during the quarter. On average, analysts forecast that Brookfield Asset Management will post 1.9906994 earnings per share for the current fiscal year.
Brookfield Asset Management Company Profile
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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