Brookfield Asset Management Stock To Go Ex-dividend Monday (BAM)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- The ex-dividend date for Brookfield Asset Management (NYSE: BAM) is Monday, April 29, 2013. Owners of shares as of market close today will be eligible for a dividend of 15 cents per share. At a price of $37.34 as of 9:31 a.m. ET, the dividend yield is 1.6%.

The average volume for Brookfield Asset Management has been 1.4 million shares per day over the past 30 days. Brookfield Asset Management has a market cap of $23.4 billion and is part of the financial sector and real estate industry. Shares are up 2.4% year to date as of the close of trading on Thursday.

Brookfield Asset Management Inc. is a publicly owned asset management holding company. Through its subsidiaries the firm invests in the property, power, and infrastructure sectors. The company has a P/E ratio of 19, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Brookfield Asset Management as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, reasonable valuation levels, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. You can view the full Brookfield Asset Management Ratings Report.

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