Brookfield Asset Management Preferred Shares Press Release Summaries
This page contains Brookfield Asset Management Preferred Shares Press Release Summaries. Click on the Press Release Date to view the entire news release.
| Symbol: | BAM |
| Press Release Date: | January 7, 2021 |
| Excerpt from Press release: | In a surprise move on Monday, Brookfield Asset Management (TSX:BAM.A)(NYSE:BAM) and its institutional partners proposed to acquire 100% of Brookfield Property Partners (TSX:BPY.UN)(NASDAQ:BPY) units that it did not already own. The deal prices BPY at US$5.9 billion for US$16.50 per unit. |
| Symbol: | BAM.PF.E – Series 38 |
| Reset Date: | March 31, 2020 |
| Press Release Date: | March 2, 2020 |
| Yield: | 4.188% |
| Annual Dividend: | $1.047 |
| Excerpt from Press release: | The quarterly floating rate dividends on the Series 39 Shares will be paid at an annual rate, calculated for each quarter, of 2.55% over the annual yield on three-month Government of Canada treasury bills. The actual quarterly dividend rate in respect of the April 1, 2020 to June 30, 2020 dividend period for the Series 39 Shares will be 1.04413% (4.188% on an annualized basis) and the dividend, if declared, for such dividend period will be $0.2610325 per share, payable on June 30, 2020. |
Click here for additional information on Brookfield Asset Management and a comparison of all Brookfield Asset Management preferred shares available in the market today.