Brookfield Wealth Solutions (NYSE:BNT) Announces Quarterly Earnings Results

Brookfield Wealth Solutions (NYSE:BNT) issued its quarterly earnings data on Thursday. The company reported $0.08 EPS for the quarter, Zacks reports. Brookfield Wealth Solutions had a return on equity of 0.15% and a net margin of 0.11%.

Brookfield Wealth Solutions Price Performance

Shares of NYSE BNT traded up $0.59 during midday trading on Friday, hitting $60.90. The stock had a trading volume of 4,272 shares, compared to its average volume of 10,086. The company has a market cap of $8.86 billion, a PE ratio of 196.45 and a beta of 1.58. Brookfield Wealth Solutions has a 1 year low of $38.25 and a 1 year high of $62.72.

Brookfield Wealth Solutions Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be given a $0.09 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.36 annualized dividend and a dividend yield of 0.59%. Brookfield Wealth Solutions’s dividend payout ratio (DPR) is presently 103.23%.

About Brookfield Wealth Solutions

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.