Brookfield's Q4 Distributable Earnings Rise, Revenue Falls; Quarterly Dividend Raised

MT Newswires Live
02-13

Brookfield (BN) reported Q4 distributable earnings Thursday of $1.01 per share, up from $0.83 a year earlier.

Four analysts polled by FactSet expected $0.85.

Revenue for the quarter ended Dec. 31 was $19.43 billion, down from $24.52 billion a year earlier.

Analysts' estimates were not readily available for comparison.

The company increased its quarterly dividend by 13% to $0.09 per share, payable on March 31 to shareholders of record on March 14.

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