Brookfield insider latest filings.Warren Buffett teams up with Brookfield on huge bet on U.S. housing market
Please note that the quarterly dividend payable on Brookfield's Class A Limited Voting Shares is declared in US dollars. Registered shareholders who are U.S. residents receive their dividends in U.S. dollars, unless they request the Cdn. dollar equivalent. Registered shareholders who are Canadian residents receive their dividends in the Cdn. dollar equivalent, unless they request to receive dividends in U.S. dollars. The Canadian dollar equivalent of the quarterly dividend is based on the Bank of Canada noon exchange rate on the record date or, if this falls on a weekend or holiday, on the following business day.
If the long-term chart is what boring looks like, then I'll take a serving of boring with a side of hohum.Very boaring investment, I would get better return in other picks.
Brookfield pays dividend in USD, so an exchange takes place for the dividend to arrive in CAD.
If I'm not mistaken, the exchange takes place at Brookfield, not at the brokerage.
All very confusing.
"As a result of the three-for-two stock split, Brookfield will adjust its dividend policy to reflect the additional number of common shares that will be outstanding. Subject to Board determination, the company expects to commence paying a quarterly dividend of US$0.12 per share (representing US$0.48 per annum, or US$0.72 per annum based on the pre-split number of shares outstanding) beginning on June 30, 2015. This would represent an increase of approximately 6% over the current quarterly dividend rate, on a split-adjusted basis."With a 6% increase, the 1.2% yield becomes 1.27%?