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Brookfield Asset Management's Preference Shares, Series 2, Cross 6.5% Yield Mark


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In trading on Thursday, shares of Brookfield Asset Management Inc's Class A Preference Shares, Series 2 (TSX: BAM-PRB.TO ) were yielding above the 6.5% mark based on its quarterly dividend (annualized to $0.6913), with shares changing hands as low as $10.62 on the day. As of last close, BAM.PRB was trading at a 57.36% discount to its liquidation preference amount.

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

Performance Comparison Chart

Below is a dividend history chart for BAM.PRB, showing historical dividend payments on Brookfield Asset Management Inc's Class A Preference Shares, Series 2:

BAM.PRB+Dividend+History+Chart

In Thursday trading, Brookfield Asset Management Inc's Class A Preference Shares, Series 2 (TSX: BAM-PRB.TO ) is currently off about 0.4% on the day, while the common shares (Symbol: BAM) are up about 0.4%.

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 , Stocks
Referenced Symbols: BAM



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