Brookfield Announces Reset Dividend Rate on Its Series 25 Preference Shares
02 Dezembro 2019 - 6:30PM
Brookfield Asset Management Inc. (TSX: BAM.A, NYSE: BAM)
(“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 January 1,
2020 to March 31, 2020 dividend period will be 0.98529% (3.952% on
an annualized basis) and the dividend, if declared, for such
dividend period will be $0.2463225 per share, payable on March 31,
2020.
Brookfield Asset Management
Inc. is a leading global alternative asset manager with
over $500 billion of assets under management across real
estate, infrastructure, renewable power, private equity and
credit. Brookfield owns and operates long-life assets and
businesses, many of which form the backbone of the global economy.
Utilizing its global reach, access to large-scale capital and
operational expertise, Brookfield offers a range of alternative
investment products to investors around the world—including public
and private pension plans, endowments and foundations, sovereign
wealth funds, financial institutions, insurance companies and
private wealth investors. Brookfield Asset Management is listed on
the New York and Toronto stock exchanges under the symbol BAM and
BAM.A respectively. For more information, please visit our website
at www.brookfield.com.
For more information, please visit our website at
www.brookfield.com or contact:
Communications & Media: |
|
Investor Relations |
Claire Holland |
|
Linda Northwood |
Vice President, Branding &
Communications |
|
Director, Investor Relations |
Tel: (416) 369-8236 |
|
Tel: (416) 359-8647 |
Email:
claire.holland@brookfield.com |
|
Email:
linda.northwood@brookfield.com |
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