Brookfield (TSE:BN) Sets New 1-Year High at $64.96

Shares of Brookfield Co. (TSE:BN) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as C$64.96 and last traded at C$64.88, with a volume of 142353 shares. The stock had previously closed at C$64.47.

Brookfield Stock Up 0.6 %

The company has a market cap of C$100.49 billion, a P/E ratio of 80.59 and a beta of 1.69. The business has a 50-day moving average price of C$59.11 and a two-hundred day moving average price of C$56.54.

Brookfield (TSE:BN) last issued its earnings results on Thursday, May 9th. The company reported C$1.04 EPS for the quarter, beating the consensus estimate of C$0.88 by C$0.16. Brookfield had a net margin of 1.14% and a return on equity of 3.29%. The company had revenue of C$30.88 billion during the quarter. As a group, sell-side analysts expect that Brookfield Co. will post 3.4293133 EPS for the current fiscal year.

Brookfield Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Thursday, June 13th were paid a dividend of $0.11 per share. This represents a $0.44 annualized dividend and a yield of 0.68%. The ex-dividend date was Thursday, June 13th. This is an increase from Brookfield’s previous quarterly dividend of $0.11. Brookfield’s dividend payout ratio (DPR) is presently 55.00%.

About Brookfield

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.