Canada markets closed

Brookfield Asset Management Inc. (BAM)

NYSE - NYSE Delayed Price. Currency in USD
Add to watchlist
38.45-0.36 (-0.93%)
At close: 4:00PM EST
Full screen
Trade prices are not sourced from all markets
Previous Close38.81
Open38.53
Bid38.11 x 800
Ask38.45 x 1200
Day's Range38.10 - 38.65
52 Week Range21.57 - 45.61
Volume2,390,309
Avg. Volume2,823,090
Market Cap58.371B
Beta (5Y Monthly)1.32
PE Ratio (TTM)N/A
EPS (TTM)-0.03
Earnings DateN/A
Forward Dividend & Yield0.48 (1.24%)
Ex-Dividend DateNov. 27, 2020
1y Target Est49.35
  • Warren Buffett: Forget Bitcoin, Here’s How to Make Millions!
    The Motley Fool

    Warren Buffett: Forget Bitcoin, Here’s How to Make Millions!

    Warren Buffett has avoided Bitcoin like the plague. Looking for something more stable with HUGE upside? This Canadian stock could do the trick! The post Warren Buffett: Forget Bitcoin, Here’s How to Make Millions! appeared first on The Motley Fool Canada.

  • Brookfield, KKR Said to Weigh Bids for Aramco Pipeline Stake
    Bloomberg

    Brookfield, KKR Said to Weigh Bids for Aramco Pipeline Stake

    (Bloomberg) -- Brookfield Asset Management Inc. and KKR & Co. are among top infrastructure investors weighing bids for a stake in Saudi Aramco’s oil pipelines, people familiar with the matter said.Apollo Global Management Inc. and China’s state-backed Silk Road Fund Co. have also been studying whether to make offers, the people said, asking not to be identified as the matter is private. The stake sale could fetch Aramco around $10 billion, the people said.The world’s top oil producer has asked for expressions of interest and aims to receive non-binding offers next month, according to the people. Aramco’s advisers are also gauging interest from other potential bidders including sovereign wealth fund China Investment Corp., the people said. Some bidders may team up given the size of the transaction, they said. Aramco has been seeking to raise funds by selling stakes in non-core assets, mirroring a strategy adopted by Abu Dhabi National Oil Co. An investor group including Brookfield and GIC Pte invested $10.1 billion in Adnoc’s natural-gas pipelines last year.While large Canadian pension funds often pursue such assets, some may shy away from the Aramco deal given political tensions between their government and Saudi Arabia, according to the people. Deliberations are at an early stage, and details of the potential transaction could change, the people said.Representatives for Apollo, Aramco, Brookfield, CIC and KKR declined to comment. A spokesperson for the Silk Road Fund didn’t immediately respond to requests for comment.Aramco is lining up a loan of about $7.5 billion that will be offered to potential investors in the oil pipelines, people familiar with the matter said last week. The oil producer is seeking new sources of capital to maintain annual dividend payments of $75 billion at a time of lower crude prices. Most of those payouts go to the Saudi state, which needs the money to fund its budget.(Updates with names of potential Chinese bidders in paragraphs 2-3)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.

  • Renewable Energy Stocks Are Soaring: Here’s My Top Pick for 2021
    The Motley Fool

    Renewable Energy Stocks Are Soaring: Here’s My Top Pick for 2021

    Forget tech stocks, renewable energy is where the growth is. Find out which green energy stock I just added to my portfolio. The post Renewable Energy Stocks Are Soaring: Here’s My Top Pick for 2021 appeared first on The Motley Fool Canada.