Brookfield Announces Reset Dividend Rate on its Series 25 Preference Shares
01 Setembro 2020 - 5:30PM
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 October 1,
2020 to December 31, 2020 dividend period will be 0.61728% (2.449%
on an annualized basis) and the dividend, if declared, for such
dividend period will be $0.15432 per share, payable on December 31,
2020.
Brookfield Asset Management
Brookfield Asset Management is a leading global alternative asset
manager with approximately US$550 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 symbols BAM and BAM.A, respectively.
For more information, please visit our website at
www.brookfield.com or contact:
Communications & Media:Claire HollandTel:
(416) 369-8236Email: claire.holland@brookfield.com |
|
Investor Relations:Linda Northwood Tel:
(416) 359-8647 Email: linda.northwood@brookfield.com |
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