Brookfield Asset Management Inc (NYSE:BAM) Updates On Dividend Release Date


On 2016-05-13, Brookfield Asset Management Inc (NYSE:BAM) confirmed the dividend disbursement of $0.13 a share to shareholders as on record 2016-05-31. The firm will release dividend on 2016-06-30 while ex-dividend date is reported to be 2016-05-26.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Brookfield Asset Management Inc (NYSE:BAM) paid a total of $0.13 per share in dividends. This figure stood at $0.13 a share in the same period a year ago indicating a deviation of 17.6471%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $39.437 on the stock. This figure is the average of recommendations offered by 4 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $41 and $36.75, respectively.

Taking the mathematical rating formula, the price for Brookfield Asset Management Inc (NYSE:BAM) stands at 1.5. Earnings Review Brookfield Asset Management Inc (NYSE:BAM) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-11-04. For the period ending on 2016-09-30, experts are expecting EPS of $0.47.

Coming to the quarter ending on 2015-12-31, Brookfield Asset Management Inc (NYSE:BAM) recorded EPS of $0.62. The reported numbers came lower than the analysts’ estimates of $0.49, demonstrating a miss of $0.13 as against reported figures.

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