Brookfield Asset Management's Preference Shares, Series 2, Cross 3.5% Yield Mark

In trading on Tuesday, shares of Brookfield Asset Management Inc's Class A Preference Shares, Series 2 (TSX: BAM-PRB.TO) were yielding above the 3.5% mark based on its quarterly dividend (annualized to $0.5163), with shares changing hands as low as $14.73 on the day. As of last close, BAM.PRB was trading at a 39.96% discount to its liquidation preference amount.

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

Performance Comparison Chart

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 Tuesday 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 down about 0.7%.

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