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