Is Brookfield Asset Management Stock a Buy Now?
From Yahoo Finance: 2025-05-02 04:30:00
Brookfield Asset Management, a Canadian investment company, focuses on alternative assets like infrastructure. With a dividend yield of 3.3% and a growing dividend, it has a market cap of $88 billion. The stock has seen a recent decline but remains attractive to investors for its successful history.
Managing over $1 trillion in assets, Brookfield Asset Management generates fees from clients, with $2.5 billion in fees in 2024. Its investment profile covers renewable power, infrastructure, real estate, private equity, and credit, operating in 30 countries with diverse capital sources.
Looking ahead, Brookfield plans to double its fee-generating assets by 2029, with significant dividend growth of 15% annually. This growth and income opportunity, along with a high dividend yield, make it attractive for long-term investors seeking stability and returns.
While the stock’s price may fluctuate, Brookfield’s focus on long-term assets like infrastructure provides a steady base. With a high yield and dividend growth plans, it presents a compelling opportunity for investors willing to weather volatility for long-term gains.
For those considering investing in Brookfield Asset Management, experts recommend exploring other top 10 stocks. The company plans for substantial growth and dividend increases, with the potential for long-term returns outperforming the market. Join the Stock Advisor to access the latest top 10 list for investment opportunities.