Brookfield Announces Reset Dividend Rate on Its...

Brookfield Announces Reset Dividend Rate on Its Series 25 Preference Shares

All amounts in Canadian dollars unless otherwise stated.

BROOKFIELD, NEWS, June  01, 2018  (GLOBE NEWSWIRE) -- Brookfield Asset Management Inc. (TSX:BAM.A) (NYSE:BAM) (Euronext:BAMA) ("Brookfield") today announced that it has determined the quarterly dividend on its floating rate Cumulative Class A Preference Shares, Series 25 ("Series 25 Shares") (TSX: BAM.PR.S).

The dividend on the Series 25 Shares is paid at an annual rate, calculated for each quarter, of 2.30% over the annual yield on three-month Government of Canada treasury bills. The actual quarterly dividend rate in respect of the July 1, 2018 to September 30, 2018 dividend period will be 0.9074% (3.6% on an annualized basis) and the dividend, if declared, for such dividend period will be $0.22685 per share, payable on September 28, 2018.

Brookfield Asset Management

Brookfield Asset Management Inc. is a leading global alternative asset manager with approximately US$285 billion in assets under management. The company has more than a 100-year history of owning and operating assets with a focus on property, renewable power, infrastructure and private equity. Brookfield offers a range of public and private investment products and services, and is co-listed on the New York, Toronto and Euronext stock exchanges under the symbol BAM, BAM.A and BAMA, respectively.

For more information, please visit our website at www.brookfield.com or contact:

     
Claire Holland
Communications & Media
Tel: (416) 369-8236
Email:
Claire.holland@brookfield.com
  Linda Northwood
Investor Relations
Tel: (416) 359-8647
Email:
Linda.northwood@brookfield.com
     



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Source: Brookfield Asset Management Inc via Globenewswire

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