Brookfield (BN) Scheduled to Post Earnings on Thursday

Brookfield (TSE:BN) will be posting 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 announced its quarterly earnings results on Thursday, February 8th. The company reported C$1.13 EPS for the quarter, beating the consensus estimate of C$0.92 by C$0.21. Brookfield had a net margin of 1.15% and a return on equity of 3.29%. The company had revenue of C$33.38 billion for the quarter.

Brookfield Trading Up 2.1 %

Shares of TSE:BN opened at C$56.37 on Thursday. The firm’s 50 day moving average is C$55.47 and its two-hundred day moving average is C$51.68. Brookfield has a 52 week low of C$40.07 and a 52 week high of C$58.36. The firm has a market capitalization of C$85.12 billion, a P/E ratio of 67.92 and a beta of 1.69.

Brookfield Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Wednesday, March 13th were issued a $0.107 dividend. The ex-dividend date of this dividend was Tuesday, March 12th. This is a boost from Brookfield’s previous quarterly dividend of $0.10. This represents a $0.43 annualized dividend and a dividend yield of 0.76%. Brookfield’s dividend payout ratio (DPR) is 51.81%.

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.