Brookfield Hikes Dividend by 14%
By Adriano Marchese
Canadian alternative investment manager Brookfield increased its quarterly dividend by 14%.
Brookfield said Thursday that it has increased its dividend to 8 cents a share, which on a yearly basis is 32 cents per share.
The increase represents annual yield of 0.81% based on Wednesday's closing price in New York of $39.75.
The dividend is payable on March 28 to shareholders of record as of March 13.
Write to Adriano Marchese at adriano.marchese@wsj.com
(END) Dow Jones Newswires
February 08, 2024 08:21 ET (13:21 GMT)
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