Brookfield Asset Management Ltd. (TSE:BAM - Get Free Report) NYSE: BAM Senior Officer Anuj Ranjan sold 112,500 shares of the company's stock in a transaction dated Monday, August 12th. The stock was sold at an average price of C$39.63, for a total transaction of C$4,458,375.00.
Brookfield Asset Management Stock Down 0.6 %
TSE BAM traded down C$0.33 during trading hours on Friday, reaching C$55.98. 567,269 shares of the company's stock traded hands, compared to its average volume of 1,001,821. Brookfield Asset Management Ltd. has a 52-week low of C$39.38 and a 52-week high of C$61.22. The company has a debt-to-equity ratio of 11.63, a current ratio of 0.84 and a quick ratio of 0.95. The firm has a 50-day simple moving average of C$54.62 and a 200 day simple moving average of C$54.78. The firm has a market cap of C$21.87 billion and a PE ratio of 38.34.
Brookfield Asset Management Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Friday, September 27th. Stockholders of record on Friday, August 30th will be issued a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a dividend yield of 3.75%. This is a positive change from Brookfield Asset Management's previous quarterly dividend of $0.52. The ex-dividend date is Friday, August 30th. Brookfield Asset Management's dividend payout ratio (DPR) is presently 143.15%.
Brookfield Asset Management Company Profile
(
Get Free Report)
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.
Read More
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Brookfield Asset Management, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Brookfield Asset Management wasn't on the list.
While Brookfield Asset Management currently has a "Sell" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
