Elon Did It Again: This Could be Bigger than Tesla
After revolutionizing online payment processing (PayPal), space exploration (SpaceX) and the auto industry (Tesla)... He's getting ready to do it again with his new A.I. venture. This could be bigger than Tesla, bigger than SpaceX, and bigger than Paypal.
Financials
| Curr Year EPS Estimate | 1.60 |
| Next Quarter EPS Estimate | 0.17 |
| Profit Margin | -0.00 |
| Return on Assets | 0.02 |
| Return on Equity | 0.01 |
| Revenue | 63,458,000,896 |
| Earnings Per Share | -0.12 |
| Revenue Per Share | 41.99 |
| Gross Profit | 16,072,000,000 |
| Quarterly Revenue Growth | -0.03 |
General
| Name | Brookfield Asset Management Inc |
| Ticker | BAM |
| Exchange | NYSE |
| Sector | Financial Services |
| Industry | Asset Management |
| Currency | USD |
| Country | USA |
| Fiscal Year End | December |
About Brookfield Asset Management Inc
Brookfield Asset Management is a leading global alternative asset manager and one of the largest investors in real assets. Our investment focus is on real estate, renewable power, infrastructure and private equity assets. Our objective is to generate attractive long-term risk-adjusted returns for the benefit of our clients and shareholders. We manage a range of public and private investment products and services for institutional and retail clients. We earn asset management income for doing so and align our interests with our clients by investing alongside them. We have an exceptionally strong balance sheet, with over $30 billion of capital invested, primarily in our four listed partnerships: Brookfield Property Partners, Brookfield Infrastructure Partners, Brookfield Renewable Partners and Brookfield Business Partners. This access to large-scale capital enables us to make investments in sizeable, premier assets across geographies and asset classes that few managers are able to do. We create value for BAM shareholders in the following ways: As an asset manager ? by investing both our own capital and that of our investors ? this enables us to increase the scale of our operations, and enhances our financial returns through base management fees and performance-based income; as an investor and capital allocator ? we strive to invest at attractive valuations, particularly in value-oriented situations that create opportunities for superior valuation gains and cash flow returns, or by monetizing assets at appropriate times to realize value; and as an owner-operator ? we constantly work to increase the value of the assets within our operating businesses and the cash flows they produce through our operating expertise, development capabilities and effective financing.
Dividend
Brookfield Asset Management Inc pays out a dividend of $0.48 per share, with a dividend yield of 4.48%.
BAM's last dividend payment was made to shareholders on March 31, 2021.
They pay out 20.73% of their earnings out as a dividend.
Recent Dividends
| Mar 28, 2024 | $0.38 |
| Dec 29, 2023 | $0.32 |
| Sep 29, 2023 | $0.32 |
| Jun 30, 2023 | $0.32 |
| Mar 31, 2023 | $0.32 |
| Dec 30, 2022 | $0.14 |
| Sep 29, 2022 | $0.14 |
| Jun 30, 2022 | $0.14 |
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