Brookfield (TSE:BN) Hits New 52-Week High – Here’s What Happened

Brookfield Co. (TSE:BNGet Free Report)’s share price reached a new 52-week high during trading on Thursday . The stock traded as high as C$73.15 and last traded at C$72.90, with a volume of 264568 shares. The stock had previously closed at C$72.53.

Brookfield Stock Performance

The firm has a market capitalization of C$110.02 billion, a price-to-earnings ratio of 94.19 and a beta of 1.74. The stock’s fifty day moving average is C$66.67 and its two-hundred day moving average is C$61.29.

Brookfield (TSE:BNGet Free Report) last issued its quarterly earnings data on Thursday, August 8th. The company reported C$1.85 earnings per share for the quarter, beating analysts’ consensus estimates of C$1.07 by C$0.78. Brookfield had a return on equity of 2.11% and a net margin of 1.10%. The firm had revenue of C$31.54 billion during the quarter. Sell-side analysts anticipate that Brookfield Co. will post 6.0387858 earnings per share for the current year.

Brookfield Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Thursday, September 12th were paid a $0.11 dividend. The ex-dividend date was Thursday, September 12th. This represents a $0.44 dividend on an annualized basis and a yield of 0.60%. Brookfield’s dividend payout ratio (DPR) is 55.84%.

Brookfield Company Profile

(Get Free Report)

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.

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