Brookfield resets Series 24 preferred dividend at C$ 0.34/share quarterly from July 1
Brookfield Asset Management Inc
Brookfield Asset Management Inc BN | 0.00 |
- Brookfield reset the dividend rate on its Cumulative Class A Preference Shares, Series 24 for July 1, 2026 to June 30, 2031.
- If declared, fixed quarterly dividends will be paid at 5.43% annually, or CAD 0.3395 per share per quarter.
- Series 24 holders can convert to Series 25 by June 15, 2026; Series 25 pays 2.3% over 3-month Government of Canada T-bills.
- For July 1 to Sept. 30, 2026, Series 25 would pay 1.17% for the quarter, or CAD 0.2913125 per share, if declared.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Brookfield Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202606011740PRIMZONEFULLFEED9730057) on June 01, 2026, and is solely responsible for the information contained therein.
