Brookfield Asset Management's Preference Shares, Series 2, Cross Above 3% Yield Territory

In trading on Thursday, shares of Brookfield Asset Management Inc's Class A Preference Shares, Series 2 (TSX: BAM-PRB.TO) were yielding above the 3% mark based on its quarterly dividend (annualized to $0.525), with shares changing hands as low as $17.39 on the day. As of last close, BAM.PRB was trading at a 28.88% discount to its liquidation preference amount.

The chart below shows the one year performance of BAM.PRB shares, versus BAM:

Performance Comparison Chart

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Below is a dividend history chart for BAM.PRB, showing historical dividend payments on Brookfield Asset Management Inc's Class A Preference Shares, Series 2:

BAM.PRB+Dividend+History+Chart

In Thursday trading, Brookfield Asset Management Inc's Class A Preference Shares, Series 2 (TSX: BAM-PRB.TO) is currently down about 1.7% on the day, while the common shares ( BAM) are up about 0.2%.

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