Brookfield Asset Management Ltd. (TSE:BAM) Plans Quarterly Dividend of $0.38

Brookfield Asset Management Ltd. (TSE:BAM) (NYSE:BAM) declared a quarterly dividend on Monday, November 4th,TickerTech Dividends reports. Stockholders of record on Friday, November 29th will be given a dividend of 0.38 per share on Tuesday, December 31st. This represents a $1.52 annualized dividend and a dividend yield of 1.87%. The ex-dividend date of this dividend is Friday, November 29th.

Brookfield Asset Management Price Performance

Brookfield Asset Management stock opened at C$81.34 on Wednesday. The stock’s fifty day moving average price is C$70.58 and its two-hundred day moving average price is C$60.02. Brookfield Asset Management has a one year low of C$45.48 and a one year high of C$81.70. The company has a debt-to-equity ratio of 6.32, a current ratio of 0.85 and a quick ratio of 0.95. The firm has a market cap of C$34.07 billion and a PE ratio of 54.23.

Insider Activity

In related news, Director Brian William Kingston sold 281,250 shares of the business’s stock in a transaction dated Friday, September 20th. The stock was sold at an average price of C$64.40, for a total value of C$18,111,093.75. 14.10% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Separately, Wells Fargo & Company upgraded Brookfield Asset Management to a “strong sell” rating in a research note on Thursday, September 12th.

Brookfield Asset Management Company Profile

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.