Brookfield Announces Quarterly Dividend Rate on Its Series 25 Preference Shares
BROOKFIELD, NEWS -- (Marketwired) -- 12/02/16 --
All amounts in Canadian dollars unless otherwise stated.
Brookfield Asset Management Inc. (TSX: BAM.A)(NYSE: BAM)(EURONEXT: BAMA) ("Brookfield") today announced the quarterly dividend on its floating rate Cumulative Class A Preference Shares, Series 25 (the "Series 25 Shares").
The dividend 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, 2017 to March 31, 2017 dividend period will be 0.69263% (2.809% on an annualized basis) and the dividend, if declared, for such dividend period will be C$0.1731575 per share, payable on March 31, 2017.
The Series 25 Shares are listed on the Toronto Stock Exchange under the trading symbol "BAM.PR.S".
Brookfield Asset Management Inc. is a global alternative asset manager with approximately US$250 billion in assets under management. The company has more than a 100-year history of owning and operating assets with a focus on property, renewable power, infrastructure and private equity. Brookfield offers a range of public and private investment products and services, and is co-listed on the New York, Toronto and Euronext stock exchanges under the symbol BAM, BAM.A and BAMA, respectively.
For more information, please visit our website at www.brookfield.com.
Communications and Media
Source: Brookfield Asset Management Inc.