Brookfield Wealth Solutions Ltd. (NYSE:BNT) to Issue $0.06 Dividend

Brookfield Wealth Solutions Ltd. (NYSE:BNT) announced a dividend on Friday, January 1st. Stockholders of record on Tuesday, December 16th will be paid a dividend of 0.06 per share on Wednesday, December 31st. The ex-dividend date is Tuesday, December 16th.

Brookfield Wealth Solutions Stock Performance

Shares of NYSE BNT opened at $45.76 on Friday. The company’s fifty day moving average price is $45.56 and its 200 day moving average price is $43.93. Brookfield Wealth Solutions has a 1 year low of $29.13 and a 1 year high of $49.44. The company has a market capitalization of $16.50 billion, a PE ratio of 196.12 and a beta of 1.57.

Brookfield Wealth Solutions (NYSE:BNT) last released its quarterly earnings data on Thursday, November 13th. The company reported $0.06 earnings per share for the quarter. Brookfield Wealth Solutions had a net margin of 0.11% and a return on equity of 0.11%.

Institutional Investors Weigh In On Brookfield Wealth Solutions

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Russell Investments Group Ltd. grew its holdings in shares of Brookfield Wealth Solutions by 8.8% during the 2nd quarter. Russell Investments Group Ltd. now owns 4,773 shares of the company’s stock worth $294,000 after purchasing an additional 388 shares during the period. Swiss National Bank lifted its position in Brookfield Wealth Solutions by 2.1% in the third quarter. Swiss National Bank now owns 38,300 shares of the company’s stock valued at $2,627,000 after buying an additional 800 shares during the last quarter. UBS Group AG boosted its stake in Brookfield Wealth Solutions by 1.6% during the third quarter. UBS Group AG now owns 53,953 shares of the company’s stock worth $3,695,000 after buying an additional 868 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in Brookfield Wealth Solutions by 14.3% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 7,279 shares of the company’s stock worth $499,000 after buying an additional 912 shares during the period. Finally, JPMorgan Chase & Co. increased its position in shares of Brookfield Wealth Solutions by 1,235.2% during the second quarter. JPMorgan Chase & Co. now owns 1,215 shares of the company’s stock valued at $75,000 after acquiring an additional 1,124 shares during the last quarter. Hedge funds and other institutional investors own 20.31% of the company’s stock.

Brookfield Wealth Solutions Company Profile

Brookfield Wealth Solutions is focused on securing the financial futures of individuals and institutions through a range of retirement services, wealth protection products and tailored capital solutions. Through our operating subsidiaries, we offer a broad range of insurance products and services, including annuities, personal and commercial property and casualty insurance and life insurance.The company was incorporated in 2020 and is headquartered in Pembroke, Bermuda.