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Brookfield Asset Management's Class A Preference Shares, Series 4, Cross 3.5% Yield Mark


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In trading on Friday, shares of Brookfield Asset Management Inc's Floating Rate Cumulative Redeemable Class A Preference Shares, Series 4 (TSX: BAM-PRC.TO ) were yielding above the 3.5% mark based on its quarterly dividend (annualized to $0.5571), with shares changing hands as low as $15.75 on the day. As of last close, BAM.PRC was trading at a 32.72% discount to its liquidation preference amount.

The chart below shows the one year performance of BAM.PRC shares, versus BAM:

Performance Comparison Chart

Below is a dividend history chart for BAM.PRC, showing historical dividend payments on Brookfield Asset Management Inc's Floating Rate Cumulative Redeemable Class A Preference Shares, Series 4:

BAM.PRC+Dividend+History+Chart

In Friday trading, Brookfield Asset Management Inc's Floating Rate Cumulative Redeemable Class A Preference Shares, Series 4 (TSX: BAM-PRC.TO ) is currently trading flat on the day, while the common shares (Symbol: BAM) are trading flat.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.



This article appears in: Investing , Investing Ideas
Referenced Symbols: BAM


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