Brookfield Asset Management Ltd. (TSE:BAM - Get Free Report) NYSE: BAM declared a quarterly dividend on Monday, November 4th, TickerTech reports. Stockholders of record on Friday, November 29th will be paid a dividend of 0.38 per share on Tuesday, December 31st. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.98%. The ex-dividend date is Friday, November 29th.
Brookfield Asset Management Trading Up 1.0 %
Shares of TSE:BAM traded up C$0.75 during midday trading on Tuesday, reaching C$76.85. The company's stock had a trading volume of 1,476,221 shares, compared to its average volume of 1,033,209. Brookfield Asset Management has a fifty-two week low of C$42.09 and a fifty-two week high of C$79.65. The firm has a market capitalization of C$32.19 billion and a price-to-earnings ratio of 51.23. The firm has a 50 day moving average price of C$63.65 and a two-hundred day moving average price of C$57.55. The company has a debt-to-equity ratio of 6.32, a quick ratio of 0.95 and a current ratio of 0.85.
Brookfield Asset Management (TSE:BAM - Get Free Report) NYSE: BAM last issued its earnings results on Wednesday, August 7th. The company reported C$0.47 EPS for the quarter, missing analysts' consensus estimates of C$0.48 by C($0.01). The company had revenue of C$1.57 billion during the quarter, compared to analyst estimates of C$1.61 billion. As a group, analysts forecast that Brookfield Asset Management will post 2.5564428 earnings per share for the current year.
Wall Street Analyst Weigh In
Separately, Wells Fargo & Company raised Brookfield Asset Management to a "strong sell" rating in a report on Thursday, September 12th.
Read Our Latest Research Report on Brookfield Asset Management
Insiders Place Their Bets
In other news, Senior Officer Anuj Ranjan sold 112,500 shares of the company's stock in a transaction that occurred on Monday, August 12th. The stock was sold at an average price of C$39.63, for a total value of C$4,458,375.00. In other news, Senior Officer Anuj Ranjan sold 112,500 shares of the company's stock in a transaction that occurred on Monday, August 12th. The stock was sold at an average price of C$39.63, for a total value of C$4,458,375.00. Also, Director Brian William Kingston sold 281,250 shares of the company's stock in a transaction that occurred on Friday, September 20th. The shares were sold at an average price of C$64.40, for a total value of C$18,111,093.75. Corporate insiders own 14.10% of the company's stock.
About Brookfield Asset Management
(
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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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