Preferred Stock Channel
Brookfield Asset Management Inc | Cumulative Class A Preference Shares, Series 30 (BAM.PRZ.CA)

Prospectus excerpt:  Brookfield Asset Management may not redeem the Series 30 Preferred Shares prior to December 31, 2017. On December 31,2017and on December 31st every five years thereafter (each, a “Conversion Date”), the company may, subject to applicable law, at its option without the consent of the holders, redeem all or any part of the then outstanding Series 30 Preferred Shares by the payment of $25.00 per share together with all accrued and unpaid dividends thereon up to but excluding the date of payment or distribution (less any tax required to be deducted and withheld). Notice of any redemption must be given by the company at least 30 days and not more than 60 days prior to the date fixed for redemption.

Full Prospectus PDF », BAM Page »

Alternate symbology:BAM-Z.CA, BAM-PZ.CA, BAMprZ.CA
Call Date:12/31/2017 (Now Trading Post Call Date)
Conversion Ratio:Subject to certain restrictions, the holders of the Series 30 Preferred Shares have the right on any Conversion Date to convert any or all of the Series 30 Preferred Shares held by them for Cumulative Floating Rate Preferred Shares, Series 31 of the company (the “Series 31 Preferred Shares”), on a one-for-one basis. Such a conversion of Series 30 Preferred Shares for Series 31 Preferred Shares must be initiated not less than 15 days and not more than 30 days prior to a Conversion Date. Under certain circumstances, the Series 30 Preferred Shares may automatically convert into Series 31 Preferred Shares, after December 31, 2017, on a one-for-one basis.
Shares Offered:10000000
Liquidation Preference:$25
Recent Market Price:$23.82
Discount to Liquidation Preference:
(More Preferreds Trading at a Discount »)
$-1.18 (-4.72%)
Annualized Dividend:1.17125
Recent Ex-Date:6/14/2022
Current Yield:4.92%
Original Coupon:An annual rate of .20 per Series 30 share until December 31, 2017. The annual fixed dividend rate for each subsequent 5-year fixed rate period will be equal to the sum of the Government of Canada Yield on the 30th day prior to the first day of such Subsequent Fixed Rate period plus 2.96%. The annual fixed dividend for each such period will be equal to the applicable Annual Fixed Dividend Rate multiplied by 5.00.
Pay Period:Quarterly
Pay Dates:31-Mar, 30-Jun, 30-Sep, 31-Dec
CDx3 Compliance Rating: Learn BAM.PRZ.CA's Rating
Brookfield Asset Management is an alternative asset manager. Co. has assets under management across a portfolio of renewable power and transition, infrastructure, private equity, real estate and credit. Co.'s segments include: asset management business, which includes managing its private funds, perpetual strategies and liquid strategies; Renewable Power and Transition business, which includes the ownership, operation and development of hydroelectric, wind, and energy transition power generating assets; Infrastructure business; Private Equity business; Real Estate business, which includes the ownership, operation and development of key investments; and Residential Development business.


Open the BAM Information Page »
Name:  Brookfield Asset Management Inc
Sector:  Real Estate
Number of ETFs Holding BAM:  2 (see which ones)
Total Market Value Held by ETFs:  $5,952,283.66
Total Market Capitalization:  $65,810,000,000
% of Market Cap. Held by ETFs:  0.01%

Top Ten Highest Yielding Preferred Stocks
Feel-Good Income: Socially Responsible Preferreds
Dividend Channel's 25 S.A.F.E. Dividend Stocks
Increasing Payments For Decades

Safer than S.A.F.E: Preferreds of Dividend Channel's
S.A.F.E. Dividend Stocks

Recent Preferred Stock Offerings
Preferred Stocks of Dow Components
Preferred Stocks of S&P 500 Components
Preferred Stocks By Industry
Preferred Stocks Where Insiders Are Buying The Common
High Yield Preferred Stocks
Preferreds Trading At Premiums To Liquidation Preference
Preferreds Trading At Discounts To Liquidation Preference
The Top 10 DividendRank'ed U.S. Stocks
The Top 10 DividendRank'ed Canadian Stocks
Top 25 Broker Analyst Picks of the S&P 500
Stock market game
Quotes delayed 20 minutes

Email EnvelopeFree Email Alerts:
Get Dividend Alerts
Get SEC Filing Alerts

Brookfield Asset Management Inc | Cumulative Class A Preference Shares, Series 30 (BAM.PRZ.CA) Information Page | Preferred Stock Channel | | Copyright © 2011 - 2022, All Rights Reserved

Nothing in Preferred Stock Channel is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and dividend videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact Preferred Stock Channel; Meet Our Editorial Staff.