Brookfield Asset Management's Preference Shares, Series 4 Crosses Above 3.5% Yield Territory

In trading on Tuesday, shares of Brookfield Asset Management Inc's Floating Rate Cumulative Redeemable Class A Preference Shares, Series 4 (TSX: BAM-PRC.TO) were yielding above the 3.5% mark based on its quarterly dividend (annualized to $0.5163), with shares changing hands as low as $14.70 on the day. As of last close, BAM.PRC was trading at a 40.36% discount to its liquidation preference amount.

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

Performance Comparison Chart

Below is a dividend history chart for BAM.PRC, showing historical dividend payments on Brookfield Asset Management Inc's Floating Rate Cumulative Redeemable Class A Preference Shares, Series 4:

BAM.PRC+Dividend+History+Chart

In Tuesday trading, Brookfield Asset Management Inc's Floating Rate Cumulative Redeemable Class A Preference Shares, Series 4 (TSX: BAM-PRC.TO) is currently down about 1.4% on the day, while the common shares ( BAM) are off about 0.7%.

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