Brookfield Asset Management (BAM.A) Hits New 52-Week High at $63.83

Brookfield Asset Management Inc (TSE:BAM.A) (NYSE:BAM) shares reached a new 52-week high during mid-day trading on Monday . The stock traded as high as C$63.83 and last traded at C$63.81, with a volume of 312760 shares. The stock had previously closed at C$63.23.

The stock has a market cap of $61.09 billion and a P/E ratio of 25.08. The company has a current ratio of 1.11, a quick ratio of 0.79 and a debt-to-equity ratio of 121.21.

The business also recently declared a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Friday, March 29th were issued a $0.16 dividend. This represents a $0.64 dividend on an annualized basis and a dividend yield of 1.00%. The ex-dividend date was Wednesday, February 27th. This is a positive change from Brookfield Asset Management’s previous quarterly dividend of $0.15. Brookfield Asset Management’s dividend payout ratio (DPR) is 32.17%.

In other news, Director Timothy Robert Price sold 100,000 shares of Brookfield Asset Management stock in a transaction dated Tuesday, March 26th. The shares were sold at an average price of C$61.76, for a total value of C$6,176,300.00. Following the completion of the transaction, the director now directly owns 3,771,794 shares of the company’s stock, valued at approximately C$232,957,312.82.

WARNING: “Brookfield Asset Management (BAM.A) Hits New 52-Week High at $63.83” was reported by The Lincolnian Online and is the sole property of of The Lincolnian Online. If you are reading this article on another publication, it was illegally stolen and republished in violation of US & international trademark and copyright law. The correct version of this article can be viewed at https://www.thelincolnianonline.com/2019/04/15/brookfield-asset-management-bam-a-hits-new-52-week-high-at-63-83.html.

About Brookfield Asset Management (TSE:BAM.A)

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.

See Also: Mutual Funds

Receive News & Ratings for Brookfield Asset Management Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brookfield Asset Management and related companies with MarketBeat.com's FREE daily email newsletter.