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

Brookfield Asset Management Ltd. (TSE:BAM) (NYSE:BAM) announced a quarterly dividend on Friday, May 29th, TickerTech Dividends reports. Stockholders of record on Tuesday, June 30th will be paid a dividend of 0.5025 per share on Tuesday, June 30th. This represents a c) annualized dividend and a dividend yield of 3.0%. The ex-dividend date is Friday, May 29th.

Brookfield Asset Management Stock Up 1.4%

Shares of TSE:BAM opened at C$67.90 on Wednesday. Brookfield Asset Management has a one year low of C$58.09 and a one year high of C$88.12. The company has a 50 day moving average of C$63.92 and a 200-day moving average of C$68.33. The company has a debt-to-equity ratio of 38.61, a current ratio of 1.68 and a quick ratio of 0.95. The stock has a market cap of C$108.42 billion, a price-to-earnings ratio of 43.53, a P/E/G ratio of 0.43 and a beta of 1.31.

Brookfield Asset Management (TSE:BAM) (NYSE:BAM) last issued its quarterly earnings data on Friday, May 8th. The company reported C$0.53 earnings per share (EPS) for the quarter. The firm had revenue of C$1.98 billion during the quarter. Brookfield Asset Management had a net margin of 50.81% and a return on equity of 30.06%. On average, sell-side analysts forecast that Brookfield Asset Management will post 2.5564428 earnings per share for the current year.

Brookfield Asset Management Company Profile

Brookfield Asset Management Ltd. (NYSE: BAM, TSX: BAM) is a leading global alternative asset manager, headquartered in New York, with over $1 trillion of assets under management across infrastructure, energy, private equity, real estate, and credit. We invest client capital for the long-term with a focus on real assets and essential service businesses that form the backbone of the global economy. We offer a range of alternative investment products to investors around the world – including public and private pension plans, endowments and foundations, sovereign wealth funds, financial institutions, insurance companies and private wealth investors.