This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Brookfield Asset Management Cumulative Exchangeable Redeemable Class A Preference Shares, Series 8 Ex-Dividend Reminder

On 10/29/13, Brookfield Asset Management Inc's Cumulative Exchangeable Redeemable Class A Preference Shares, Series 8 (TSX: BAM-PRE.TO) will trade ex-dividend, for its monthly dividend of $0.0625, payable on 11/12/13. As a percentage of BAM.PRE's recent share price of $23.80, this dividend works out to approximately 0.26%. On an annualized basis, the current yield is approximately 3.16%.

As of last close, BAM.PRE was trading at a 4.80% discount to its liquidation preference amount. The chart below shows the one year performance of BAM.PRE shares, versus BAM:

Performance Comparison Chart



Below is a dividend history chart for BAM.PRE, showing historical dividends prior to the most recent $0.0625 on Brookfield Asset Management Inc's Cumulative Exchangeable Redeemable Class A Preference Shares, Series 8:

BAM.PRE+Dividend+History+Chart



According to the ETF Finder at ETF Channel, Brookfield Asset Management Inc (BAM) makes up 1.48% of the KBW International Financial Portfolio ETF (KBWX) which is trading relatively unchanged on the day Friday.

In Friday trading, Brookfield Asset Management Inc's Cumulative Exchangeable Redeemable Class A Preference Shares, Series 8 (TSX: BAM-PRE.TO) is currently trading flat on the day, while the common shares (BAM) are up about 0.6%.

null

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
SYM TRADE IT LAST %CHG

Markets

DOW 18,246.53 -39.21 -0.21%
S&P 500 2,128.08 -2.74 -0.13%
NASDAQ 5,093.5090 +2.7150 0.05%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs