Brookfield Announces Reset Dividend Rate on Its Series 25 Preference Shares
01 Junho 2018 - 5:31PM
All amounts in Canadian dollars unless otherwise stated.
Brookfield Asset Management Inc. (TSX:BAM.A) (NYSE:BAM)
(Euronext:BAMA) (“Brookfield”) today announced that it has
determined the quarterly dividend on its floating rate Cumulative
Class A Preference Shares, Series 25 (“Series 25 Shares”) (TSX:
BAM.PR.S).
The dividend on the Series 25 Shares is paid at
an annual rate, calculated for each quarter, of 2.30% over the
annual yield on three-month Government of Canada treasury bills.
The actual quarterly dividend rate in respect of the July 1, 2018
to September 30, 2018 dividend period will be 0.9074% (3.6% on an
annualized basis) and the dividend, if declared, for such dividend
period will be $0.22685 per share, payable on September 28,
2018.
Brookfield Asset
ManagementBrookfield Asset Management Inc. is a leading
global alternative asset manager with approximately US$285 billion
in assets under management. The company has more than a 100-year
history of owning and operating assets with a focus on property,
renewable power, infrastructure and private equity. Brookfield
offers a range of public and private investment products and
services, and is co-listed on the New York, Toronto and Euronext
stock exchanges under the symbol BAM, BAM.A and BAMA,
respectively.
For more information, please visit our website
at www.brookfield.com or contact:
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Claire Holland Communications & Media Tel: (416) 369-8236
Email: Claire.holland@brookfield.com |
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Linda
Northwood Investor Relations Tel: (416) 359-8647 Email:
Linda.northwood@brookfield.com |
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