Brookfield (BN) Set to Announce Earnings on Thursday

Brookfield (TSE:BN) will post its quarterly earnings results before the market opens on Thursday, May 9th. Analysts expect Brookfield to post earnings of C$0.98 per share for the quarter.

Brookfield (TSE:BN) last issued its quarterly earnings results on Thursday, February 8th. The company reported C$1.13 EPS for the quarter, topping analysts’ consensus estimates of C$0.92 by C$0.21. Brookfield had a return on equity of 3.29% and a net margin of 1.15%. The firm had revenue of C$33.38 billion for the quarter.

Brookfield Stock Up 0.6 %

BN stock opened at C$60.03 on Wednesday. The business has a 50 day moving average of C$55.69 and a 200 day moving average of C$52.07. The firm has a market cap of C$90.65 billion, a PE ratio of 71.46 and a beta of 1.69. Brookfield has a twelve month low of C$40.07 and a twelve month high of C$60.31.

Brookfield Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Wednesday, March 13th were issued a dividend of $0.107 per share. The ex-dividend date was Tuesday, March 12th. This is an increase from Brookfield’s previous quarterly dividend of $0.10. This represents a $0.43 annualized dividend and a dividend yield of 0.71%. Brookfield’s dividend payout ratio (DPR) is presently 51.19%.

Brookfield Company Profile

Brookfield Corporation is an alternative asset manager and REIT/Real Estate Investment Manager firm focuses on real estate, renewable power, infrastructure and venture capital and private equity assets. It manages a range of public and private investment products and services for institutional and retail clients.