Lincluden Management Ltd. Purchases New Shares in Brookfield Wealth Solutions Ltd. (NYSE:BNT)

Lincluden Management Ltd. purchased a new position in shares of Brookfield Wealth Solutions Ltd. (NYSE:BNT) during the 4th quarter, HoldingsChannel reports. The institutional investor purchased 1,448 shares of the company’s stock, valued at approximately $83,000.

Separately, Montrusco Bolton Investments Inc. lifted its position in shares of Brookfield Wealth Solutions by 7.9% during the 4th quarter. Montrusco Bolton Investments Inc. now owns 151,641 shares of the company’s stock worth $8,718,000 after buying an additional 11,064 shares in the last quarter. 20.31% of the stock is owned by hedge funds and other institutional investors.

Brookfield Wealth Solutions Price Performance

BNT stock opened at $58.02 on Tuesday. The company has a market capitalization of $8.44 billion, a PE ratio of 181.32 and a beta of 1.58. Brookfield Wealth Solutions Ltd. has a 12-month low of $38.25 and a 12-month high of $62.72.

Brookfield Wealth Solutions (NYSE:BNT) last announced its quarterly earnings data on Thursday, February 13th. The company reported $0.08 earnings per share (EPS) for the quarter. Brookfield Wealth Solutions had a return on equity of 0.14% and a net margin of 0.10%.

Brookfield Wealth Solutions Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be given a dividend of $0.09 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.36 annualized dividend and a yield of 0.62%. Brookfield Wealth Solutions’s payout ratio is currently 112.50%.

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.