This Financial Giant Just Increased Its Dividend 15%, and It's Promising Many More Double-Digit Raises to Come

• This plus manager is focused connected decarbonization, deglobalization, and digitization.

• The institution operates crossed 5 antithetic concern platforms.

• Management's extremity is to treble the size of its concern by 2030.

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Brookfield Asset Management (NYSE: BAM) isn't a household sanction successful the United States, but it is 1 of the largest plus managers successful Canada. However, it isn't focused exclusively connected that country, with a agelong past of investing successful infrastructure assets astir the globe. The large attraction for dividend investors, meanwhile, volition beryllium the lofty 3.4% dividend output and plans for double-digit yearly dividend maturation for years to come.

Brookfield Asset Management invests connected behalf of others. It collects a interest for providing this work that is based connected the worth of the assets it manages. Most plus managers study a fig called assets nether absorption (AUM), but Brookfield Asset Management handles a batch of its ain money. While it reports AUM, the important fig to ticker is fee-bearing capital.

In 2020, the institution had astir $277 cardinal successful fee-bearing capital, with a program to treble that fig by 2025. In 2025, the company's fee-bearing superior was $563 billion. Mission accomplished, and past some. That amounts to a astir 15% annualized maturation complaint successful fee-bearing capital, which supported a 15% annualized maturation complaint successful fee-related earnings.

The institution has expanded its scope arsenic it has grown. Today, Brookfield Asset Management invests crossed 5 large platforms: infrastructure, renewable power, backstage equity, existent estate, and credit. It is simply a large subordinate successful each country wherever it competes.

Within each area, it is focused connected 3 main themes: digitization, deglobalization, and decarbonization. Management believes that, taken together, these 3 themes are a $100 trillion opportunity. Given the size of its fee-bearing capital, it appears that determination is plentifulness of accidental for maturation ahead.

The information that Brookfield Asset Management successfully executed its program to treble the size of its fee-bearing superior betwixt 2020 and 2025 is noteworthy. It suggests that investors tin spot what absorption says. The adjacent large extremity for the plus manager is to treble fee-bearing superior again by 2030, bringing the sum to astir $1.2 trillion. Having achieved this aforesaid extremity once, it isn't unreasonable to deliberation that Brookfield Asset Management tin bash it again.