Brookfield Reinsurance Ltd. (BNRE) To Go Ex-Dividend on September 12th

Brookfield Reinsurance Ltd. (NYSE:BNRE) announced a quarterly dividend on Wednesday, September 4th, Wall Street Journal reports. Stockholders of record on Thursday, September 12th will be given a dividend of 0.08 per share on Friday, September 27th. This represents a $0.32 annualized dividend and a dividend yield of 0.68%. The ex-dividend date of this dividend is Thursday, September 12th.

Brookfield Reinsurance Trading Up 2.1 %

Shares of Brookfield Reinsurance stock opened at $47.25 on Tuesday. The company has a fifty day moving average price of $46.30 and a 200 day moving average price of $43.33. Brookfield Reinsurance has a twelve month low of $29.00 and a twelve month high of $50.50. The stock has a market cap of $6.87 billion, a price-to-earnings ratio of 162.93 and a beta of 1.53.

Brookfield Reinsurance (NYSE:BNRE) last posted its earnings results on Thursday, August 8th. The company reported $0.08 earnings per share (EPS) for the quarter. The business had revenue of $2.90 billion during the quarter. Brookfield Reinsurance had a return on equity of 0.14% and a net margin of 0.10%.

About Brookfield Reinsurance

Brookfield Reinsurance Ltd., through its subsidiaries, provides insurance and reinsurance services to individuals and institutions in the United States, Canada, and internationally. The company operates in three segments: Direct Insurance, Reinsurance, and Pension Risk Transfer (PRT). The Direct Insurance segment offers a range of insurance products and services including Whole, Universal, Variable Universal, and Credit Life insurance products; deferred, single premium immediate, and variable annuities; primary and excess casualty products, such as specialty casualty, construction defect, general liability, commercial multi-peril, workers compensation, product liability, environmental liability, and auto liability; professional liability including management, transaction, and errors and omissions liability; property insurance for homeowners and renters, inland marine, and auto physical damages; surety, animal mortality, and ocean marine insurance; and health insurance, credit insurance, and pension products.