NEW YORK ( TheStreet) -- The ex-dividend date for Brookfield Asset Management Inc (NYSE: BAM) 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 financial sector and real estate 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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