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

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

Brookfield Asset Management Trading Down 1.5%

Shares of TSE BAM opened at C$66.64 on Friday. Brookfield Asset Management has a twelve month low of C$59.16 and a twelve month high of C$88.12. The stock 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 capitalization of C$107.34 billion, a PE ratio of 43.84, a PEG ratio of 0.43 and a beta of 1.42.

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

Brookfield Asset Management Company Profile

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.