Brookfield Asset Management Inc Announces Quarterly Dividend of $0.16 (TSE:BAM.A)

Brookfield Asset Management Inc (TSE:BAM.A) (NYSE:BAM) announced a quarterly dividend on Thursday, November 28th, TickerTech reports. Shareholders of record on Tuesday, December 31st will be given a dividend of 0.16 per share on Tuesday, December 31st. This represents a $0.64 dividend on an annualized basis and a yield of 0.83%. The ex-dividend date of this dividend is Thursday, November 28th.

Brookfield Asset Management stock traded up C$0.52 during midday trading on Wednesday, reaching C$77.56. The company’s stock had a trading volume of 889,565 shares, compared to its average volume of 1,250,000. Brookfield Asset Management has a fifty-two week low of C$49.87 and a fifty-two week high of C$77.06. The company has a quick ratio of 1.10, a current ratio of 1.68 and a debt-to-equity ratio of 121.04. The company has a market cap of $78.11 billion and a P/E ratio of 20.85. The business has a 50-day simple moving average of C$72.52 and a 200-day simple moving average of C$67.39.

In other news, Director J. Bruce Flatt sold 175,000 shares of Brookfield Asset Management stock in a transaction dated Friday, November 15th. The stock was sold at an average price of C$76.07, for a total transaction of C$13,312,530.00. Following the sale, the director now owns 7,340,323 shares in the company, valued at C$558,390,115.13. Also, Senior Officer Brian William Kingston sold 300,673 shares of Brookfield Asset Management stock in a transaction dated Friday, September 27th. The stock was sold at an average price of C$71.29, for a total value of C$21,435,940.32. Following the sale, the insider now owns 160,000 shares in the company, valued at approximately C$11,406,912.

About Brookfield Asset Management

Brookfield Asset Management Inc is a publicly owned asset management holding company. The firm specializes in early stage, acquisition, distressed investments, short-term financing to mid-market companies, corporate carve-outs, recapitalizations, convertible, senior and mezzanine financings, operational and capital structure restructuring, strategic re-direction, turnaround, and under-performing midmarket companies.

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Dividend History for Brookfield Asset Management (TSE:BAM.A)

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