TSX:BNCapital Markets
Will Brookfield’s (TSX:BN) Steady Dividend and New Debt Shape Its Fee-Focused Expansion Narrative
Brookfield Corporation recently kept its quarterly dividend at US$0.4063 per share, bolstered its liquidity with US$1.00 billion in notes and a US$1.00 billion commercial paper program, and continued expanding through acquisitions and new platforms in renewable energy and US residential mortgages.
Together with Brookfield Wealth Solutions’ very large increase in group capital and the launch of Northview Energy, these moves underline Brookfield’s emphasis on fee-bearing assets and diversified...