Brookfield Asset Management's Preference Shares, Series 9, Cross 4.5% Yield Mark

In trading on Thursday, shares of Brookfield Asset Management Inc's Cumulative Exchangeable Redeemable Class A Preference Shares, Series 9 (TSX: BAM-PRG.TO) were yielding above the 4.5% mark based on its quarterly dividend (annualized to $0.95), with shares changing hands as low as $21.10 on the day. As of last close, BAM.PRG was trading at a 14.28% discount to its liquidation preference amount.

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

Performance Comparison Chart

Below is a dividend history chart for BAM.PRG, showing historical dividend payments on Brookfield Asset Management Inc's Cumulative Exchangeable Redeemable Class A Preference Shares, Series 9:

BAM.PRG+Dividend+History+Chart

In Thursday trading, Brookfield Asset Management Inc's Cumulative Exchangeable Redeemable Class A Preference Shares, Series 9 (TSX: BAM-PRG.TO) is currently down about 1.5% on the day, while the common shares ( BAM) are trading flat.

More from Stocks

GM's New Chevy Blazer Looks as Lame as the Stock Market Right Now

GM's New Chevy Blazer Looks as Lame as the Stock Market Right Now

Video: Jim Cramer on the Markets, Oil, Starbucks, Tesla, Okta and Red Hat

Video: Jim Cramer on the Markets, Oil, Starbucks, Tesla, Okta and Red Hat

Dow Rises for First Time in 9 Days, Oil Jumps as OPEC Agrees to Boost Output

Dow Rises for First Time in 9 Days, Oil Jumps as OPEC Agrees to Boost Output

ABIOMED Stock Should Rise Some 10% From Here, Piper Jaffray Analyst Says

ABIOMED Stock Should Rise Some 10% From Here, Piper Jaffray Analyst Says

What Internet Sales Tax Ruling? Amazon Still Headed to $1,850

What Internet Sales Tax Ruling? Amazon Still Headed to $1,850