Brookfield Co. (BN) to Issue Quarterly Dividend of $0.11 on June 28th

Brookfield Co. (TSE:BN) declared a quarterly dividend on Thursday, May 9th, Zacks reports. Shareholders of record on Thursday, June 13th will be paid a dividend of 0.11 per share on Friday, June 28th. This represents a $0.44 dividend on an annualized basis and a yield of 0.77%. The ex-dividend date of this dividend is Thursday, June 13th. This is a boost from Brookfield’s previous quarterly dividend of $0.11.

Brookfield Price Performance

Shares of TSE BN opened at C$57.33 on Tuesday. The firm has a market capitalization of C$88.86 billion, a PE ratio of 71.66 and a beta of 1.69. Brookfield has a 1-year low of C$40.07 and a 1-year high of C$61.60. The business’s fifty day moving average price is C$57.43 and its two-hundred day moving average price is C$54.81.

Brookfield (TSE:BN) last announced its quarterly earnings results on Thursday, May 9th. The company reported C$1.04 EPS for the quarter, beating the consensus estimate of C$0.88 by C$0.16. The company had revenue of C$30.88 billion for the quarter. Brookfield had a net margin of 1.14% and a return on equity of 3.29%. Equities research analysts expect that Brookfield will post 3.4293133 earnings per share for the current fiscal year.

Brookfield Company Profile

Brookfield Corporation is an alternative asset manager and REIT/Real Estate Investment Manager firm focuses on real estate, renewable power, infrastructure and venture capital and private equity assets. It manages a range of public and private investment products and services for institutional and retail clients.