|Bid||58.84 x 0|
|Ask||58.85 x 0|
|Day's Range||57.85 - 59.21|
|52 Week Range||55.51 - 79.04|
|Beta (5Y Monthly)||1.42|
|PE Ratio (TTM)||18.69|
|Forward Dividend & Yield||0.71 (1.20%)|
|Ex-Dividend Date||May 30, 2022|
|1y Target Est||92.35|
It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
As a result, Brookfield's stock is now down close to 30% from its all-time closing high. Brookfield CEO Bruce Flatt has often said that real asset businesses are the best places to invest in a high-inflation environment. For the unaware, real assets refer to physical or tangible assets -- a few examples are natural resources, real estate, commodities, and infrastructure like electrical transmission lines.
BROOKFIELD, NEWS, June 23, 2022 (GLOBE NEWSWIRE) -- Brookfield (NYSE: BAM, TSX: BAM.A) today announced that after having taken into account all election notices received by the June 15, 2022 deadline for the conversion of its Cumulative Class A Preference Shares, Series 28 (the “Series 28 Shares”) (TSX: BAM.PR.X) into Cumulative Class A Preference Shares, Series 29 (the “Series 29 Shares”), there were 13,675 Series 28 Shares tendered for conversion, which is less than the one million shares requ