Brookfield Asset Management reports US$615M Q4 profit, raises dividend
Advertisement
Read this article for free:
or
Already have an account? Log in here »
To continue reading, please subscribe:
Digital Subscription
One year of digital access for only $205*
- Enjoy unlimited reading on winnipegfreepress.com
- Read the E-Edition, our digital replica newspaper
- Access News Break, our award-winning app
- Play interactive puzzles
*First annual payment billed as $205.00 + GST for one year. This annual subscription will automatically renew at $233.00 + GST every 52 weeks (10% off the regular annual price of $259.35). Offer available to new and qualified returning subscribers only. Cancel any time.
To continue reading, please subscribe:
Add Free Press access to your Brandon Sun subscription for only an additional
$1 for the first 4 weeks*
- Enjoy unlimited reading on winnipegfreepress.com
- Read the E-Edition, our digital replica newspaper
- Access News Break, our award-winning app
- Play interactive puzzles
*Your next Brandon Sun subscription payment will increase by $1.00 and you will be charged $17.95 plus GST for four weeks. After four weeks, your payment will increase to $24.95 plus GST every four weeks.
Read unlimited articles for free today:
or
Already have an account? Log in here »
Hey there, time traveller!
This article was published 04/02/2026 (216 days ago), so information in it may no longer be current.
TORONTO – Brookfield Asset Management Ltd. raised its quarterly dividend by 15 per cent as it reported fourth-quarter net income of US$615 million.
The company, which keeps its books in U.S. dollars, says it will now pay a quarterly dividend of 50.25 US cents per share, up from 43.75 cents US per share.
BAM reported its net income amounted to 34 cents US per diluted share for the quarter ended Dec. 31, down from US$680 million or 42 cents US per diluted share a year earlier.
Distributable earnings totalled US$767 million or 47 cents US per share, up from US$649 million or 40 cents US per share in the fourth quarter of 204.
Revenue for the quarter totalled US$1.39 billion, up from US$1.06 billion a year earlier.
The company also announced the appointment of Connor Teskey as chief executive, taking over from Bruce Flatt, who will continue as chair of the board in addition to his role as chief executive of Brookfield Corp. Teskey had been president of BAM.
This report by The Canadian Press was first published Feb. 4, 2026.
Companies in this story: (TSX:BAM, TSX:BN)