Upcoming Ex-Dividend Dates for Allegion, Brookfield, and J&J Snack Foods
Upcoming Ex-Dividend Dates: Allegion plc, Brookfield Corp, and J&J Snack Foods Corp will trade ex-dividend on 12/16/25, with respective dividends of $0.51, $0.06, and $0.80 scheduled for payment on 12/31/25 and 1/6/26.
Expected Price Adjustments: Following the ex-dividend date, Allegion plc shares are expected to open 0.31% lower, Brookfield Corp 0.13% lower, and J&J Snack Foods Corp 0.85% lower, based on their recent stock prices.
Dividend Yield Estimates: The estimated annualized yields for the companies are 1.24% for Allegion plc, 0.52% for Brookfield Corp, and 3.41% for J&J Snack Foods Corp, indicating potential stability in their dividend payments.
Market Performance: On the day of reporting, Allegion plc shares rose by 2.8%, Brookfield Corp shares fell by 1.8%, and J&J Snack Foods Corp shares increased by 1.3%.
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Year-End Reporting: Big private asset managers are starting to report their year-end results.
Morgan Stanley Analysts' Focus: Analysts at Morgan Stanley will be particularly interested in two key aspects during these reports.
- Increased Stake: Sather Financial Group disclosed in an SEC filing on January 26, 2026, that it purchased an additional 18,035 shares of Paycom Software for $3.20 million during Q4, although the total position value decreased by $9.32 million due to share price fluctuations, indicating market uncertainty.
- Ownership Proportion Change: As of December 31, 2025, Sather's stake in Paycom rose to 2.3%, representing a significant portion of its $1.86 billion reportable U.S. equity AUM, reflecting continued confidence in the company.
- Market Performance: As of January 23, 2026, Paycom's shares were priced at $152.29, down 25.3% over the past year and underperforming the S&P 500 by 38.3 percentage points, highlighting the growth challenges faced by the company.
- Valuation Attractiveness: Despite Paycom's stock price declining over 60% in the past five years, its current P/E ratio of about 19 is significantly lower than the pandemic peak of 150, potentially offering a more attractive entry point for long-term investors.
- Share Increase: Sather Financial Group Inc disclosed in an SEC filing on January 26, 2026, that it purchased an additional 18,035 shares of Paycom Software during Q4, with an estimated trade size of $3.20 million, indicating ongoing confidence in the company.
- Position Value Decline: Despite the increase in shares, the total position value in Paycom fell by $9.32 million, reflecting the impact of share price movements and new purchases, suggesting market concerns about future growth.
- Market Performance: Paycom's stock is currently trading near a five-year low, with revenue growth declining from over 25% five years ago to around 10% in the first nine months of 2025, indicating a slowdown that may affect investor sentiment.
- Valuation Appeal: Despite challenges, Paycom's P/E ratio is approximately 19, significantly down from over 150 during the pandemic, making it appear more attractive in the current market environment and potentially offering opportunities for long-term investors.
- Massive Investment Opportunity: Brookfield Corporation anticipates a $7 trillion investment opportunity in AI infrastructure over the next decade, launching its inaugural Brookfield Artificial Intelligence Infrastructure Fund with a goal to acquire up to $100 billion in assets, highlighting its strategic positioning in the AI sector.
- Cloud Services Expansion: By supporting the launch of cloud services company Radiant, Brookfield is further expanding its investments in AI, aiming to meet the growing demand for computing power and thereby enhancing its competitive edge in the market.
- Data Center Development: Prologis has initiated $2 billion in data center development projects since 2023, with the potential to develop over 10 GW of power capacity in the future, which could create $7.5 billion to $25 billion in value for shareholders, underscoring its critical role in the rising AI demand.
- Clean Energy Collaboration: NextEra Energy has signed 2.5 GW of clean energy contracts with Meta Platforms and is collaborating with Google to accelerate nuclear energy deployment, showcasing its leadership in securing power supplies for AI data centers.

- AI Infrastructure Investment: Brookfield Corporation aims to acquire over $100 billion in assets through its inaugural AI infrastructure fund, positioning itself to capitalize on a projected $7 trillion opportunity in AI infrastructure over the next decade, highlighting its strong investment potential in this sector.
- Data Center Development: Prologis has initiated $2 billion in data center development projects since 2023, with current projects representing 300 megawatts of power capacity, and estimates it can invest $30 billion to $50 billion over the next decade, potentially creating $7.5 billion to $25 billion in shareholder value by leveraging its logistics facility expertise.
- Clean Energy Contracts: NextEra Energy has signed 2.5 gigawatts of clean energy contracts with Meta Platforms and is collaborating with Google to accelerate nuclear energy deployment, including plans to restart a dormant 615-megawatt nuclear power plant by early 2029, showcasing its leadership in supporting AI data centers.
- Collaborative Data Center Development: NextEra Energy is working with Google and ExxonMobil to develop multiple gigawatt-scale data center campuses and a 1.2-gigawatt gas plant, further solidifying its market position in clean energy and data center infrastructure.

- Rating Reaffirmed and Price Target Raised: On December 17, BMO Capital reiterated an Outperform rating on Brookfield Corporation and raised the price target from $46 to $49, reflecting strong confidence in the company's future growth potential.
- Distributable Earnings Growth: Brookfield Corporation boasts a 12% compound annual growth rate in distributable earnings, indicating significant progress in asset management contributions, scaling of Wealth Solutions earnings, and improving carried interest realizations.
- Medium-Term Notes Issuance: On December 8, Brookfield Corporation confirmed the pricing of C$1 billion in medium-term notes, including C$350 million at 4.388% and C$650 million at 5.399%, aimed at redeeming its 4.82% notes due soon and for general corporate purposes.
- Market Position and Investment Potential: As a major global investment firm, Brookfield demonstrates strong capital management capabilities by investing in tangible assets such as infrastructure, renewable power, real estate, and private equity, although some AI stocks are viewed as having greater upside potential.








