NEW YORK (
) -- The ex-dividend date for
) is tomorrow, July 28, 2011. Owners of shares as of market close today will be eligible for a dividend of 13 cents per share. At a price of $32.07 as of 9:31 a.m. ET, the dividend yield is 1.6%.
The average volume for Brookfield Asset Management has been 780,700 shares per day over the past 30 days. Brookfield Asset Management has a market cap of $20.1 billion and is part of the
industry. Shares are down 3.5% year to date as of the close of trading on Tuesday.
Brookfield Asset Management Inc. is a publicly owned asset management holding company with approximately $50 billion in assets under management. Through its subsidiaries the firm invests in the property, power, and infrastructure sectors. The company has a P/E ratio of 12.9, equal to the average financial services industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Brookfield Asset Management as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and attractive valuation levels. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated. You can view the full