NEW YORK (
) -- The ex-dividend date for
) is tomorrow, October 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 $29.18 as of 9:30 a.m. ET, the dividend yield is 1.9%.
The average volume for Brookfield Asset Management has been 1.6 million shares per day over the past 30 days. Brookfield Asset Management has a market cap of $17.5 billion and is part of the
industry. Shares are down 14.7% year to date as of the close of trading on Wednesday.
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 7.7, equal to the average real estate 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, impressive record of earnings per share growth, compelling growth in net income, attractive valuation levels and notable return on equity. 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