Brookfield Asset Management Ltd. (TSE:BAM) Announces Dividend Increase – $0.44 Per Share

Posted by Joseph Casey on Feb 26th, 2025

Brookfield Asset Management Ltd. (TSE:BAM – Get Free Report) (NYSE:BAM) declared a quarterly dividend on Friday, February 28th, TickerTech Dividends reports. Stockholders of record on Monday, March 31st will be given a dividend of 0.4375 per share on Monday, March 31st. This represents a $1.75 annualized dividend and a dividend yield of 2.11%. The ex-dividend date is Friday, February 28th. This is a boost from Brookfield Asset Management’s previous quarterly dividend of $0.38.

Brookfield Asset Management Trading Up 1.7 %

BAM traded up C$1.40 during mid-day trading on Wednesday, hitting C$82.83. 71,552 shares of the stock were exchanged, compared to its average volume of 920,512. The firm’s fifty day moving average is C$81.27 and its two-hundred day moving average is C$71.97. Brookfield Asset Management has a 1-year low of C$51.14 and a 1-year high of C$90.24. The company has a market cap of C$97.24 billion and a PE ratio of 28.50.

Analyst Upgrades and Downgrades

Several research firms have recently commented on BAM. UBS Group reissued a “buy” rating on shares of Brookfield Asset Management in a research note on Monday, December 16th. Hsbc Global Res upgraded shares of Brookfield Asset Management from a “hold” rating to a “strong-buy” rating in a research note on Friday, February 14th.

View Our Latest Analysis on Brookfield Asset Management

Insiders Place Their Bets

In related news, Director Justin B. Beber sold 25,000 shares of Brookfield Asset Management stock in a transaction that occurred on Wednesday, December 11th. The shares were sold at an average price of C$83.87, for a total value of C$2,096,630.00. 14.10% of the stock is owned by company insiders.

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.