Brookfield Asset Management's Series A Preferred Units Crosses Above 7% Yield Territory
September 16, 2024 at 14:32 PM EDT
In trading on Monday, shares of Brookfield Asset Management Ltd's 6.625% Series A Preferred Units (OAK. RA) were yielding above the 7% mark based on its quarterly dividend (annualized to $1.6563), with shares changing hands as low as $23.57 on the day.