BAM-A.TO - Brookfield Asset Management Inc.

Toronto - Toronto Delayed Price. Currency in CAD
-0.06 (-0.09%)
At close: 4:22PM EDT
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Previous Close69.55
Bid69.37 x 0
Ask69.75 x 0
Day's Range69.38 - 70.31
52 Week Range49.87 - 72.28
Avg. Volume1,110,254
Market Cap72.797B
Beta (3Y Monthly)1.11
PE Ratio (TTM)23.88
EPS (TTM)2.91
Earnings DateN/A
Forward Dividend & Yield0.85 (1.22%)
Ex-Dividend Date2019-08-29
1y Target Est52.00
  • TFSA Investors: These 3 Stocks Are Top Pension Approved!
    The Motley Fool

    TFSA Investors: These 3 Stocks Are Top Pension Approved!

    Your portfolio could join the world's largest sovereign wealth fund with investments in Royal Bank of Canada (TSX:RY)(NYSE:RY) and Brookfield Asset Management (TSX:BAM.A)(NYSE:BAM).

  • GlobeNewswire

    Brookfield Asset Management 2019 Third Quarter Results Conference Call and Webcast

    Date:  Thursday, November 14, 2019Time:  11:00 a.m. (Eastern Time) BROOKFIELD, NEWS, Oct. 07, 2019 -- Brookfield Asset Management (NYSE:BAM)(TSX:BAM.A)(EURONEXT.

  • Bloomberg

    Brookfield Explores Sale of Wind Energy Stake in Texas

    (Bloomberg) -- Brookfield Asset Management Inc. is considering selling its stake in Wind Energy Transmission Texas, which could fetch $400 million to $500 million, according to people familiar with the matter.The Toronto-based alternative asset manager is working with financial advisers to seek buyers for its 50% stake in the company, said the people, who asked to not be identified because the matter isn’t public.Brookfield owns the electrical transmission-line operator with PSP Investments, the Canadian pension fund.No deal has been reached and Brookfield may choose to hold onto the stake, they said.A representative for Brookfield declined to comment. Representative for WETT and PSP didn’t respond to requests for comment.WETT, based in Austin, Texas, has 375 miles of transmission lines and six switching stations, according to its website.The sale would be the latest in a flurry of infrastructure deals for Brookfield. Its affiliate, Brookfield Infrastructure Partners, said in August it had four ongoing sales processes as part of its asset recycling program. In February, it sold its stake in a Chilean toll road business.It said at the time it intended to use proceeds from the sales to invest in new businesses, including U.S. railroad Genesee & Wyoming Inc., which it agreed to buy $6.3 billion in July in partnership with GIC Pte Ltd., the Singapore sovereign wealth fund.To contact the reporters on this story: Gillian Tan in New York at;Scott Deveau in New York at sdeveau2@bloomberg.netTo contact the editors responsible for this story: Liana Baker at, ;Alan Goldstein at, Matthew MonksFor more articles like this, please visit us at©2019 Bloomberg L.P.

  • TFSA Investors: Avoid These Common and Costly Investing Mistakes!
    The Motley Fool

    TFSA Investors: Avoid These Common and Costly Investing Mistakes!

    Here are three common and costly mistakes to avoid when investing in a TFSA.

  • Long-Term Investors: Avoid Making This Easy Mistake
    The Motley Fool

    Long-Term Investors: Avoid Making This Easy Mistake

    Watchlists are a simple tool investors should utilize to watch top companies like Brookfield Asset Management Inc (TSX:BAM.A)(NYSE:BAM) and wait for a pull back in the stock.

  • GlobeNewswire

    Brookfield Asset Management Completes Acquisition Of 61.2% of Oaktree Capital Management

    Brookfield Asset Management Inc. (“Brookfield”) (NYSE: BAM, TSX: BAM.A) and Oaktree Capital Group, LLC (OAK) (“Oaktree”) are pleased to announce the completion of Brookfield’s acquisition of approximately 61.2% of Oaktree’s business. In connection with the transaction, Brookfield acquired all of the outstanding Oaktree class A units and approximately 20% of the units of Oaktree Capital Group Holdings, L.P. (“OCGH”) held by the founders, senior management, and current and former employees of Oaktree. The purchase price per unit was, at the election of such unitholders, $49.00 in cash or 1.0770 class A shares of Brookfield (subject to proration).

  • This Growth Stock Will Make You a Millionaire
    The Motley Fool

    This Growth Stock Will Make You a Millionaire

    Brookfield Asset Management Inc. (TSX:BAM.A)(NYSE:BAM) has a long growth runway and is a strong buy on any dips!

  • GlobeNewswire

    Poseidon Water Congratulates the National Alliance for Water Innovation (NAWI) Team on $100M DOE Desalination Hub

    Poseidon Water is proud to be part of the National Alliance for Water Innovation (NAWI) Team that was selected to receive $100 million in funding from the U.S. Department of Energy (DOE) to establish a new Energy-Water Desalination Hub.  The Hub’s purpose is to advance state-of-the-art technology and research in desalination.  Poseidon is a national leader in the development of water supply and treatment projects using a public-private partnership approach and manages the award-winning Claude “Bud” Lewis Carlsbad Desalination Plant. Headquartered at Lawrence Berkeley National Laboratory (LBNL) in Berkeley, California, NAWI was created in 2017 to support the U.S. Department of Energy’s Energy-Water Desalination Hub. Along with co-founding laboratories Oak Ridge National Laboratory in Tennessee and the National Renewable Energy Laboratory in Colorado, NAWI brings together a world-class team of industry and academic partners to examine the critical research needed to radically lower the cost and energy consumption required for desalination.

  • The Canadian Press

    Most actively traded companies on the TSX

    TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange:Toronto Stock Exchange (16,694.27, down 96.13 points).The Bank of Nova Scotia. (TSX:BNS). Financials. Up 11 cents, or 0.14 per cent, to $76.25 on 6.6 million shares.Encana Corp. (TSX:ECA). Energy. Down two cents, or 0.33 per cent, to $6.11 on 6.1 million shares.New Gold Inc. (TSX:NGD). Materials. Down 13 cents, or 8.5 per cent, to $1.40 on 5.6 million shares.Yamana Gold Inc. (TSX:YRI). Materials. Down 14 cents, or 3.13 per cent, to $4.33 on 5.5 million shares.B2Gold Corp. (TSX:BTO). Materials. Down 10 cents, or 2.24 per cent, to $4.36 on 5.4 million shares.Brookfield Asset Management Inc. (TSX:BAM.A). Financials. Down 23 cents, or 0.32 per cent, to $71.45 on 5.3 million shares. Companies in the news:Alimentation Couche-Tard Inc. (TSX:ATD.B). Down $1.34 to $80.66. A growing move to ban flavoured e-cigarettes due to health concerns particularly in youth could actually benefit convenience stores in the long run, say retail analysts. Bonnie Herzog of Wells Fargo Securities says a majority of retailers surveyed believe the removal of e-cigarettes would migrate smokers to combustible cigarettes that represent a larger portion of convenience store sales. Couche-Tard CEO Brian Hannasch says these products aren't currently "material" to the company's revenues and it's OK with a ban for youth as long as the decision is done in a "thoughtful fashion and based on facts."ARC Resources Ltd. (TSX:ARX). Up two cents to $6.52. Oil and gas industry insiders say demands by organizers of Friday's Global Climate Strike to transition swiftly away from fossil fuels to 100 per cent renewable energy are naive and unrealistic. But the leaders reached on the sidelines of the Global Business Forum in Banff add they support the right of participants to draw attention to the issue and applaud their emotional commitment. Hal Kvisle, chairman of ARC Resources Ltd. says the protests raise the "emotional urgency" of the situation but unfortunately don't offer any solutions on how to end the current global demand for about 100 million barrels per day of oil. This report by The Canadian Press was first published Sept. 27, 2019.The Canadian Press

  • This Is 1 of My Favourite Growth Stocks
    The Motley Fool

    This Is 1 of My Favourite Growth Stocks

    This is why you should consider Brookfield Asset Management Inc. (TSX:BAM.A)(NYSE:BAM) for your portfolio.

  • Every Retired Investor Needs to Know These 3 Stocks
    The Motley Fool

    Every Retired Investor Needs to Know These 3 Stocks

    If you're retired, income stocks like Brookfield Renewable Partners L.P. (TSX:BEP.UN)(NYSE:BEP) can give you a reliable stream of cash with long-term growth upside.

  • GlobeNewswire

    Brookfield Asset Management Announces Results of Conversion of its Series 40 Preferred Shares

    BROOKFIELD, NEWS, Sept. 19, 2019 -- Brookfield Asset Management Inc. (TSX: BAM.A, NYSE: BAM) today announced that after having taken into account all election notices received.

  • Baystreet

    AGF, Brookfield, Choice at 52-week Highs

    AGF Management Limited (T.AGF.B) hit a new 52-week high of $6.50 Thursday. No news announcements today. Brookfield ...