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Brookfield Asset posts lower profit but raises dividend


Blog by Brad Herman | February 16th, 2013


Brookfield Asset Management's (BAM.A-T 37.26 -1.17 -3.04%) profit slid 19.2 percent in the fourth quarter because of a sharp rise in costs, but the Canadian property, power and infrastructure investor raised its dividend due to rising cash flows.
http://www.bnn.ca/News/2013/2/15/Brookfield-Asset-posts-lower-profit-but-raises-dividend.aspx#.UR-tGY2yFW8.facebook