Brookfield Asset Management Boosts Dividend After Strong Fundraising, Rise in Profit
Teskey said the positive outlook and a strong financial position supported raising the quarterly dividend 15%. Brookfield Asset Management will pay out 43.75 cents a share on March 31 to shareholders of record as of the close of business Feb. 28. That represents an annual yield of about 3.1% based on Tuesday's closing price of $55.65.
Brookfield Asset Management raised $29 billion in the fourth quarter, most of it through its credit business, which has become its largest driver of growth.
Brookfield plans to keep investing in renewable energy even as Trump has moved to slash support for the sector in favour of bolstering oil and gas production. Teskey said soaring electricity demand in ...
Brookfield Asset Management Ltd. (NYSE: BAM, TSX: BAM) is a leading global alternative asset manager, headquartered in New York, with over $1 trillion of assets under management across ...
Brookfield Asset Management Ltd. is starting to sell off pieces of the private debt deals it finances in a bid to increase ...
Brookfield Asset Management plans to invest EUR20 billion ($20.66 billion) in the deployment of artificial intelligence infrastructure in France. The New York asset manager unveiled the investment ...
The investment of a further €5 billion is planned by Brookfield in France across associated AI infrastructure such as data transfer, chip storage and energy generation. The total €20 billion ...
Brookfield Asset Management plans to invest €20 billion ($20.7 billion) to develop data centers and AI infrastructure in ...
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