Brookfield Asset Management Stock News

Physical retail resilient even as COVID-19 causes ''volatile'' environment: RioCan REIT; Owner unloads side-by-side downtown condos; Brookfield Asset Management raises quarterly dividend, reports Q4 profit up; and more news. Physical retail resilient even as COVID-19 causes ''volatile'' environment: RioCan REIT (CP24) Owner unloads side-by-side downtown condos (Globe & Mail) Brookfield Asset Management raises quarterly dividend, reports Q4 profit up (Toronto Star) Before selling properties for an apparent loss, WE Charity shut down another bidder before he could offer a higher price (Toronto Star) Why have a small minority of TTC riders ditched masking rules? (CTV News) Toronto beats Vancouver as most expensive real estate market in Canada, report suggest (CTV News)

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Canada''s main stock index gained in the triple digits on Thursday, even after data showing soaring inflation fuelled concerns of aggressive rate hikes, while Brookfield Asset Management surged on plans to spin off its asset management unit. The …

Canada''s main stock index gained in the triple digits on Thursday, even after data showing soaring inflation fuelled concerns of aggressive rate hikes, while Brookfield Asset Management surged on plans to spin off its asset management unit. The …

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Brookfield Asset Management Inc. said it will consider spinning off its asset management business into a separate company to take advantage of better valuations for pure-play investment firms.

TORONTO - Brookfield Asset Management Inc. raised its dividend as it reported its fourth-quarter profit rose compared with a year earlier. The alternative asset manager, which keeps its books in U.S. …

TORONTO Brookfield Asset Management Inc. raised its dividend as it reported its fourth-quarter profit rose compared with a year earlier. The alternative asset manager, which keeps its books in U.S. dollars, says it will now pay a quarterly dividend of 14 cents per share, up a penny from 13 cents. The increased payment to []

The move could create a new company worth as much as US$100-billion

Brookfield Asset Management stock rose 4.5% in premarket trades Thursday after the investment firm said it''s weighing the possibility of separating part of its asset management business either in the public or private market. CEO Bruce Flatt laid out the possibility in a letter to shareholders and said the equity value of its separated asset management business stands at about $70 billion to $100 billion, or $45 to $60 a share. That figure excludes the equity capital of $50 billion or $30 a share that it''s invested in its businesses. Flatt said the move "could open up growth opportunities to us that don''t exist today" and welcomed comment from shareholders. Separately, the firm said its fourth-quarter net income increased to $1.12 billion, or 66 cents a share, from $643 million, or 40 cents a share, in the year-ago period. Revenue grew to $21.79 billion from $17.09 billion. Funds from operations fell to $1.04 a share from $1.34 a share. Analysts expected Brookfield to earn 76 cents a share, according to a FactSet survey.

Brookfield Asset Management (BAM) is considering spinning off its asset management business into a separate public company that would simplify its structure and make it easier for

Brookfield Asset Management (NYSE:BAM) declares $0.14/share quarterly dividend, 7.7% increase from prior dividend of $0.13.Forward yield 0.98%Payable March 31; for shareholders of record Feb.

Brookfield Asset Management press release (BAM): Q4 FFO of $1.04Revenue of $21.79B (+27.5% Y/Y).Distributable earnings (“DE”) were $1.3 billion for the quarter and $6.3 billion for…

Brookfield Announces Dividend Increase of 8% Brookfield Announces Dividend Increase of 8%