All amounts in Canadian dollars unless otherwise stated. BROOKFIELD, NEWS, Sept. 03, 2024 (GLOBE NEWSWIRE) -- Brookfield Corporation ("Brookfield") (NYSE: BN, TSX: BN) today announced that it has determined the fixed dividend rate on its Cumulative Class A Preference Shares, Series 40 ("Series 40 Shares") (TSX: BN.PF.F) for the five years commencing October 1, 2024 and ending September 30, 2029. If declared, the fixed quarterly dividends on the Series 40 Shares during the five years commencing October 1, 20 ...

I I F ■ F The New York Stock Exchange on Wall Street. Matteo Colombo As an analyst, I aim to be as transparent as possible with my picks. While I don't own all of the stocks that I cover, I only cover stocks that I do own or could at least see myself owning. Now, clicks are important to me. For full disclosure, Seeking Alpha is part of how I make my living. However, the money and attention aren't the be-all and end-all for me. Best serving my readers stands one notch above merely making money. In my experie ...

Niall_Majury Introduction Per my May article, Brookfield Corporation (NYSE:BN) allocates capital shrewdly. Since then, a July 17 Bloomberg article discussed management changes. The 2Q24 letter to shareholders also talked about the evolution of management. My thesis is that Brookfield is preserving their culture while slowly and carefully making management transitions. Management Development And Culture Brookfield has a collaborative culture and this was laid out in the 2Q20 earnings call when CEO Bruce Flat ...

I 11000 I the The Bank IN 100 imaginima The Utilities sector is the second-highest yielding among the eleven, just after Real Estate. One of my highest-conviction picks in this sector happens to be a company rated "Sell" by Seeking Alpha's Quant system: Brookfield Renewable (NYSE:BEP) (NYSE:BEPC). While the share price has been largely flat for the past five years, with several quarters of negative earnings, I believe the company is poised to be the global leader in renewable energy. With a highly diversifi ...

J Studios/DigitalVision via Getty Images Stock Covered BIP Analyst's rating at publication STRONG BUY $31.3 Price at publication 5.24% Change 8.28% Total Return 14.79% S&P 500 change Analyst's rating history 40 Performance Assessment I initially had a bullish stance in my Inst article on Brookfield Infrastructure Partners (NYSE:BIP). Since then, the stock has lagged the S&P 500 on a total shareholder return basis: About This Article ■ o a 30 20 Analyst's full rating history s Performance since Author's Last ...

Core Viewpoint - Brookfield Infrastructure offers a diversified portfolio of mission-critical assets, providing stability and growth potential, while traditional utilities face challenges such as limited pricing power and rising debt costs [25]. Group 1: Company Overview - Brookfield Infrastructure Partners (BIP) has a significant utility exposure, with nearly 30% of its funds from operations (FFO) derived from the utility sector, including 4,200 kilometers of natural gas pipelines and 2,900 kilometers of electricity transmission lines [6][12]. - The company has a strong balance sheet with a BBB+ investment-grade rating, $1.9 billion in liquidity, and a well-structured debt maturity profile, with only 1% of asset-level debt maturing in the next 12 months [21][22]. Group 2: Financial Performance - In Q2 2024, Brookfield reported $608 million in FFO, a 10% increase year-over-year, driven by organic growth and strategic M&A activities [17][18]. - The company maintains a distribution of $0.405 per unit, representing a yield of 4.9%, with a payout ratio of 68%, consistent with its target of 60-70% [18][19]. Group 3: Growth Potential - Brookfield targets 5-9% annual distribution growth, supported by expected per unit FFO growth, and has increased its distribution by 8% annually over the past decade [19][20]. - The company has a project backlog of $7.7 billion, 15% higher than the previous year, indicating strong growth prospects [22]. Group 4: Market Position and Strategy - Brookfield is strategically positioned to benefit from global trends such as AI adoption, digitalization, and decarbonization, with assets that include data centers and telecom infrastructure [25][26]. - The company engages in high-quality acquisitions, such as increasing its stake in Brazilian logistics and acquiring data centers, which drive long-term growth [22][26]. Group 5: Valuation - BIP trades at a blended EV/EBITDA ratio of 10.9x, below its 10-year average, with expected EBITDA growth to $4.5 billion in 2025 [23][24]. - The current consensus price target for BIP is $38.30, representing a 16% upside from the current price, with potential for further appreciation if interest rates stabilize [24].

Core Viewpoint - Brookfield Renewable is recognized as a strong income-generating entity with a consistent track record of dividend payments since 2001, showcasing a compound annual growth rate of 6% in dividends over the years [1][6]. Dividend Performance - The company currently offers a high dividend yield exceeding 5%, significantly higher than the S&P 500's yield of less than 1.5%, making it an attractive option for dividend income [2]. - Brookfield Renewable pays a quarterly dividend of $0.355 per share, translating to an annual payout of $1.42. To generate $1,000 in annual dividend income, an investment of approximately $19,825 is required at the current stock price of over $28 [3]. - In contrast, to achieve the same annual dividend income from an S&P 500 index fund, an investment of over $77,500 would be necessary due to its lower yield [4]. Financial Stability and Growth Prospects - The company supports its high-yielding dividend through stable cash flow, backed by long-term power purchase agreements with utilities and large corporate buyers for about 90% of its production, with 70% of contracts linked to inflation [5]. - Brookfield Renewable anticipates a healthy growth rate for its dividends, targeting an annual increase of 5% to 9%. The company expects to grow its cash flow per share by more than 10% annually through 2028, driven by inflation-linked rate increases, development projects, and accretive acquisitions [6].

Brookfield Asset Management is reportedly seeking 9.5 billion euros ($10.6 billion) in debt financing for a potential take-private deal for Grifols SA GRFS, a Spanish pharmaceutical company. In a July regulatory filing, Grifols said that Brookfield Capital has confirmed that it has engaged in preliminary discussions with Grifols's key shareholders regarding a potential joint offer to delist the company's shares from the Spanish stock exchanges and NASDAQ. The investment firm has approached banks to secure f ...

BROOKFIELD, NEWS, Aug. 20, 2024 (GLOBE NEWSWIRE) -- Brookfield Corporation (TSX: BN, NYSE: BN) ("Brookfield" or "the company") today announced it has received approval from the Toronto Stock Exchange ("TSX") for the renewal of its normal course issuer bid to purchase up to 10% of the public float of each series of the company's outstanding Class A Preference Shares that are listed on the TSX (the "Preferred Shares"). Purchases under the bid will be made on the open market through the facilities of the TSX a ...

i designer491 Brookfield Corp. (NYSE:BN) recently reported results, and we thought it was a good time to check our thesis, and in particular the insurance segment Brookfield Reinsurance (NYSE:BNRE). As a reminder, BN and BNRE are entangled because BNRE shares are exchangeable for BN shares as described here, and they have identical distributions. For this reason, when we write about BNRE we analyze the entire Brookfield Corporation, but with extra focus on the insurance segment, or as it is now called, weal ...