Brookfield Co. Plans Quarterly Dividend of $0.11 (TSE:BN)

Brookfield Co. (TSE:BN) announced a quarterly dividend on Thursday, August 8th, Zacks reports. Shareholders of record on Thursday, September 12th will be given a dividend of 0.11 per share on Friday, September 27th. This represents a $0.44 annualized dividend and a yield of 0.69%. The ex-dividend date of this dividend is Thursday, September 12th.

Brookfield Stock Performance

Shares of BN stock opened at C$63.93 on Wednesday. The company has a market capitalization of C$96.53 billion, a PE ratio of 83.44 and a beta of 1.74. Brookfield has a 52-week low of C$40.07 and a 52-week high of C$68.20. The business’s fifty day moving average is C$63.49 and its 200 day moving average is C$59.24.

Brookfield (TSE:BN) last issued its quarterly earnings data on Thursday, August 8th. The company reported C$1.85 EPS for the quarter, topping the consensus estimate of C$1.07 by C$0.78. The company had revenue of C$31.54 billion during the quarter. Brookfield had a return on equity of 2.11% and a net margin of 1.10%. On average, sell-side analysts forecast that Brookfield will post 6.1676301 EPS for the current fiscal year.

About Brookfield

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.