Published on 24 Nov 2022 on Simply Wall St. via Yahoo Finance
Brookfield Asset Management Inc. (TSE:BAM.A) is about to trade ex-dividend in the next 4 days. The ex-dividend date is one business day before a company's record date, which is the date on which the company determines which shareholders are entitled to receive a dividend. The ex-dividend date is important because any transaction on a stock needs to have been settled before the record date in order to be eligible for a dividend. Accordingly, Brookfield Asset Management investors that purchase the stock on or after the 29th of November will not receive the dividend, which will be paid on the 30th of December.
The company's next dividend payment will be US$0.14 per share, and in the last 12 months, the company paid a total of US$0.56 per share. Last year's total dividend payments show that Brookfield Asset Management has a trailing yield of 1.2% on the current share price of CA$60.99. Dividends are a major contributor to investment returns for long term holders, but only if the dividend continues to be paid. That's why we should always check whether the dividend payments appear sustainable, and if the company is growing.
See our latest analysis for Brookfield Asset Management
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