Brookfield Asset Management's Preference Series 4 Shares Cross 6.5% Yield Mark

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In trading on Tuesday, 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 6.5% mark based on its quarterly dividend (annualized to $0.6913), with shares changing hands as low as $10.56 on the day. As of last close, BAM.PRC was trading at a 57.20% 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 Tuesday trading, Brookfield Asset Management Inc’s Floating Rate Cumulative Redeemable Class A Preference Shares, Series 4 (TSX: BAM-PRC.TO ) is currently off about 1.3% on the day, while the common shares (Symbol: BAM) are down 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.


Referenced Symbols: BAM

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1 BUSINESS

Business News - Opportunities - Reviews