Brookfield Corporation (TSE:BN) has released an update.
Brookfield Corporation has announced robust financial outcomes for the first quarter of 2024, with a significant net income of $5.2 billion over the past year and a strong increase in distributable earnings. They have a record $150 billion in deployable capital, following strategic moves including share buybacks and key acquisitions such as American Equity Life, as well as a major renewables deal with Microsoft. The company also declared a steady quarterly dividend of $0.08 per share, maintaining consistent returns for shareholders.
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