Lincluden Management Ltd. Makes New Investment in Brookfield Wealth Solutions Ltd. (NYSE:BNT)

Lincluden Management Ltd. acquired a new stake in shares of Brookfield Wealth Solutions Ltd. (NYSE:BNT) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,448 shares of the company’s stock, valued at approximately $83,000.

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

Brookfield Wealth Solutions Stock Performance

Shares of NYSE:BNT opened at $58.02 on Tuesday. Brookfield Wealth Solutions Ltd. has a 52-week low of $38.25 and a 52-week high of $62.72. The company has a market capitalization of $8.44 billion, a price-to-earnings ratio of 181.32 and a beta of 1.58.

Brookfield Wealth Solutions (NYSE:BNT) last issued its earnings results on Thursday, February 13th. The company reported $0.08 earnings per share 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 firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be paid a $0.09 dividend. This represents a $0.36 dividend on an annualized basis and a dividend yield of 0.62%. The ex-dividend date is Friday, March 14th. Brookfield Wealth Solutions’s dividend payout ratio (DPR) is 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.