Brookfield Asset Management Ltd. Plans Quarterly Dividend of $0.50 (TSE:BAM)

Brookfield Asset Management Ltd. (TSE:BAM) (NYSE:BAM) announced a quarterly dividend on Friday, February 27th, TickerTech Dividends reports. Stockholders of record on Tuesday, March 31st will be paid a dividend of 0.5025 per share on Tuesday, March 31st. This represents a c) annualized dividend and a dividend yield of 3.0%. The ex-dividend date of this dividend is Friday, February 27th.

Brookfield Asset Management Trading Down 1.5%

Shares of Brookfield Asset Management stock opened at C$66.64 on Friday. The company has a fifty day simple moving average of C$71.02 and a 200-day simple moving average of C$75.53. The stock has a market cap of C$107.34 billion, a price-to-earnings ratio of 43.84, a PEG ratio of 0.43 and a beta of 1.42. Brookfield Asset Management has a 12-month low of C$59.16 and a 12-month high of C$88.12.

Brookfield Asset Management (TSE:BAM) (NYSE:BAM) last announced its quarterly earnings results on Wednesday, February 4th. The company reported C$0.73 earnings per share for the quarter. Brookfield Asset Management had a net margin of 65.13% and a return on equity of 32.14%. On average, analysts forecast that Brookfield Asset Management will post 2.5564428 earnings per share for the current fiscal year.

About Brookfield Asset Management

Brookfield Corp, formerly Brookfield Asset Management Inc owns and manages the commercial property, power, and infrastructure assets. Its investment focus includes Real Estate, Infrastructure, Renewable Power and Private Equity. Real Estate is made up of office and retail properties; Renewable power is made up of hydroelectric, wind, solar, and storage generating facilities; Infrastructure is made up of utilities, transport, energy, data infrastructure, and sustainable resource assets; and Private Equity is focused on business services, infrastructure services, and industrial operations.