Brookfield Asset Management's Preference Shares, Series 24 Yield Pushes Past 4%

By Preferred Stock Channel Staff, Tuesday, September 14, 2:43 PM ET

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In trading on Tuesday, shares of Brookfield Asset Management Inc's Cumulative Class A Preference Shares, Series 24 (BAM.PRR.CA) were yielding above the 4% mark based on its quarterly dividend (annualized to $0.8093), with shares changing hands as low as $20.21 on the day. As of last close, BAM.PRR.CA was trading at a 18.72% discount to its liquidation preference amount. It should be noted that the preferred shares are convertible.

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

Performance Comparison Chart

Below is a dividend history chart for BAM.PRR.CA, showing historical dividend payments on Brookfield Asset Management Inc's Cumulative Class A Preference Shares, Series 24:

Free Report: Top 7%+ Dividends (paid monthly)

In Tuesday trading, Brookfield Asset Management Inc's Cumulative Class A Preference Shares, Series 24 (BAM.PRR.CA) is currently up about 0.6% on the day, while the common shares (NYSE:BAM) are down about 0.6%.

This Article's Word Cloud: Arial Asset Below Brookfield Class Cumulative Dividends Free Juicy Management More NYSE Preference Report Series Shares Start Stocks Tuesday Where Yields about above afterLeftLabels amount annualized axisColor background based beforeLeftLabels below bkgImage bottomBuffer bottomLabels bottomTableHeight changing chart chartBackgroundColor clientId close common convertible currently discount dividend document escape fillColor shares trading

Brookfield Asset Management's Preference Shares, Series 24 Yield Pushes Past 4%

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