Brookfield Asset Management Could Deliver Double-Digit Returns in 2026
The article promotes Brookfield Asset Management (BAM) as a misunderstood dividend powerhouse with long-term growth potential, noting it distributes about 90% of earnings as dividends and targets 20% annual earnings growth through 2030. Its diversified mix across utilities, energy, data centers, real estate, private equity, and credit provides fee-based earnings stability, with AUM exceeding $1 trillion. Key catalysts include the AI infrastructure/data-center boom (e.g., a $100 billion AI infra fund with Nvidia and the Kuwait Investment Authority and a $20 billion JV with Qatar) and decarbonization. Management expects dividend growth around 15% annually through 2030 and a current yield near 3.5%, suggesting possible double-digit returns in 2026 and beyond.
