No. of Recommendations: 3
Well, we got our 23Q1 BN and BAM (first ever!) dividend payments on Friday (3/31). Per share amounts were 0.07 and 0.32 respectively.
Using 3/31 closing prices, that puts the BN dividend yield at (0.07*4)/32.59 = 0.86%. For BAM, it is (0.32*4)/32.72 = 3.91%.
Not exactly cheap based on current dividend yield. However, these dividends, especially for BAM, are expected to double in the next five years and that will have to be added to the total return.