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Published 1 year ago

Brookfield Announces Reset Dividend Rate on Its Series 30 and Series 48 Preference Shares - Brookfield Asset Mgmt (NYSE:BAM)

Summary by Ground News
Brookfield BAMBAM has determined the fixed dividend rate on its Cumulative Class A Preference Shares, Series 30 ("Series 30 Shares") BAM for the five years commencing January 1, 2023 and ending December 31, 2027. The fixed quarterly dividends on the Series 48 Shares will be paid at an annual rate of 6.229% ($0.3893125 per share per quarter) The Toronto Stock Exchange ("TSX") has conditionally approved the listing of the Series 31 Shares effective upon conversion.

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