TSX:BAMCapital Markets
Brookfield Targets Doubling Capital As Valuation And Dividend Coverage Raise Questions
Brookfield Asset Management (TSX:BAM) has outlined a plan to double its fee earning capital to US$1.2t over the next five years.
The company is targeting up to 18% annual growth in earnings over that period.
Management also aims to double the dividend over the same five year span.
Brookfield Asset Management, listed as TSX:BAM, is a global alternative asset manager with a focus on real assets such as infrastructure, real estate, renewable power, private equity and credit. Its new multi year...