Brookfield Asset Management Ltd. (TSE:BAM) to Issue Quarterly Dividend of $0.50

Brookfield Asset Management Ltd. (TSE:BAM) (NYSE:BAM) announced a quarterly dividend on Friday, February 27th, TickerTech Dividends reports. Stockholders of record on Tuesday, March 31st will be given a dividend of 0.5025 per share on Tuesday, March 31st. This represents a c) annualized dividend and a dividend yield of 3.2%. The ex-dividend date is Friday, February 27th.

Brookfield Asset Management Price Performance

Shares of Brookfield Asset Management stock traded down C$2.95 during midday trading on Friday, hitting C$63.69. 10,581,651 shares of the company were exchanged, compared to its average volume of 1,989,216. The firm has a 50 day simple moving average of C$70.85 and a 200-day simple moving average of C$75.39. The firm has a market cap of C$102.59 billion, a P/E ratio of 41.90, a PEG ratio of 0.43 and a beta of 1.42. Brookfield Asset Management has a 52 week low of C$59.16 and a 52 week high of C$88.12.

Brookfield Asset Management (TSE:BAM) (NYSE:BAM) last released its quarterly earnings data on Wednesday, February 4th. The company reported C$0.73 earnings per share (EPS) for the quarter. Brookfield Asset Management had a return on equity of 32.14% and a net margin of 65.13%. Equities research analysts expect that Brookfield Asset Management will post 2.5564428 earnings per share for the current year.

About Brookfield Asset Management

Brookfield Corp, formerly Brookfield Asset Management Inc owns and manages the commercial property, power, and infrastructure assets. Its investment focus includes Real Estate, Infrastructure, Renewable Power and Private Equity. Real Estate is made up of office and retail properties; Renewable power is made up of hydroelectric, wind, solar, and storage generating facilities; Infrastructure is made up of utilities, transport, energy, data infrastructure, and sustainable resource assets; and Private Equity is focused on business services, infrastructure services, and industrial operations.