From Yahoo Finance: 2025-04-26 18:41:00

Brookfield Asset Management (NYSE: BAM) stock has dropped over 15% this year, trading below $55. Despite the dip, the company had a strong 2024 with nearly $2.5 billion in fee-related earnings, up over 10% from 2023. It raised $135 billion from investors last year, driving an 18% increase in fee-bearing capital.

President Connor Teskey anticipates a record year in 2025 for Brookfield. The company recently closed a $1 billion infrastructure structured solutions fund and acquired a majority stake in Angel Oak to expand its credit business. Brookfield also raised its dividend by 15%, yielding almost 3.5% currently.

Brookfield aims to grow its fee-bearing assets under management to $1.1 trillion by 2029, doubling its fee-related income to $5 billion. Distributable earnings are projected to rise to $5.1 billion by 2029, with a 95% payout ratio in dividends. The company is set to increase its dividend by 15% annually in the coming years.

Despite its current valuation, Brookfield has significant upside potential. With a rapidly growing dividend yield and a business that is expected to more than double its earnings over the next five years, investors may benefit from strong total returns. The recent stock dip below $55 presents a buying opportunity for long-term growth.

The Motley Fool Stock Advisor team identified the 10 best stocks to buy now, with Brookfield Asset Management not making the cut. The stocks selected could offer substantial returns in the future. Stock Advisor has historically outperformed the S&P 500 with a total average return of 872%.

Investor and writer Matt DiLallo holds positions in Brookfield Asset Management. The Motley Fool also has positions in and recommends the company. The article originally appeared on The Motley Fool and was published on whether investors should consider buying Brookfield Asset Management’s stock while it’s below $55.

Read more: Should You Buy Brookfield Asset Management While It’s Below $55?