Brookfield Asset Management Inc (NYSE:BAM) is expected to pay $0.13 on Dec 31, 2016. The indicated annual dividend is $0.52. Shareholders owning the stock before Nov 28, 2016 will be eligible to receive the payout. Based on Brookfield Asset Management Inc’s current price of $33.55, the dividend is 0.39%. This dividend’s record date is Nov 30, 2016 and the announcement date is Nov 11, 2016. The stock increased 0.69% or $0.23 on November 25, hitting $33.55. About 335,903 shares traded hands. Brookfield Asset Management Inc (NYSE:BAM) has risen 0.08% since April 25, 2016 and is uptrending. It has underperformed by 5.94% the S&P500.
Brookfield Asset Management Inc. is an alternative asset manager. The company has a market cap of $33.49 billion. The Firm operates in eight divisions. It has a 16.22 P/E ratio. The Asset Management segment manages its listed partnerships, private funds and public markets on behalf of its clients.
Brookfield Asset Management Inc (NYSE:BAM) Ratings Coverage
Out of 6 analysts covering Brookfield Asset Management Inc. (NYSE:BAM), 6 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. $41 is the highest target while $36 is the lowest. The $39.39 average target is 17.41% above today’s ($33.55) stock price. Brookfield Asset Management Inc. has been the topic of 13 analyst reports since August 10, 2015 according to StockzIntelligence Inc. The stock of Brookfield Asset Management Inc (NYSE:BAM) has “Outperform” rating given on Tuesday, May 24 by Wood. The rating was upgraded by IBC on Friday, October 16 to “Sector Outperform”. RBC Capital Markets upgraded Brookfield Asset Management Inc (NYSE:BAM) on Thursday, September 22 to “Top Pick” rating. BMO Capital Markets upgraded Brookfield Asset Management Inc (NYSE:BAM) rating on Wednesday, September 30. BMO Capital Markets has “Outperform” rating and $40 price target. The stock of Brookfield Asset Management Inc (NYSE:BAM) earned “Outperform” rating by Keefe Bruyette & Woods on Tuesday, May 24. The stock of Brookfield Asset Management Inc (NYSE:BAM) earned “Sell” rating by Zacks on Monday, August 17. On Monday, November 14 the stock rating was maintained by RBC Capital Markets with “Top Pick”. RBC Capital Markets maintained the shares of BAM in a report on Thursday, October 8 with “Outperform” rating.
More notable recent Brookfield Asset Management Inc (NYSE:BAM) news were published by: Fool.ca which released: “Brookfield Asset Management Inc.: Gain Instant Diversification With This Stock” on November 25, 2016, also Fool.ca with their article: “This Sounds Like the Perfect Deal for Brookfield Asset Management Inc.” published on November 24, 2016, Reuters.com published: “Brookfield Asset proposes to take 50-60 percent stake in TerraForm Power” on November 18, 2016. More interesting news about Brookfield Asset Management Inc (NYSE:BAM) were released by: Nasdaq.com and their article: “Brookfield Asset Management Inc. Earnings Rise 76% In Q3” published on November 11, 2016 as well as Fool.ca‘s news article titled: “Brookfield Asset Management Inc.: A Buy-and-Hold-Forever Stock” with publication date: October 28, 2016.
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