Brookfield Asset Management: 4.25% Yield With High Growth

Brookfield Asset Management has been raising its dividend while its stock price has been falling. As a result, it now has a 4.25% dividend yield. Some might think that the above situation is a "dividend trap," but in fact BAM's earnings and cash flows are both rising--FCF in particular rising at a dramatic pace. BAM's trusted relationship as an asset manager, and recent fund raising successes, lend credence to the theory that this growth will persist. In this article I explain why I'm bullish on Brookfield Asset Management at today's price.

Brookfield Asset Management Ltd. (BAM)(BAM:CA) is a Canadian-American asset manager, the wealth management arm of Brookfield Corporation (BN)(BN:CA). BAM stock yields 4.25%, backed by strong growth in This article was written by A.J. Button 13.04K Followers Follow Financial journalist. Passed CFA Level 1. Seeking value and dividend growth opportunities, and sharing what I find on Seeking Alpha. Analyst’s Disclosure: I/we have a beneficial long position in the shares of BAM, BN either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.