Overview
Description
Brookfield Corporation Preferred Stock 4.75% Perpetual is a type of preferred equity security representing ownership interests in Brookfield Corporation. This financial instrument offers a fixed dividend yield of 4.75%, paid out typically on a quarterly basis, which provides shareholders with steady income. Preferred stockholders hold a higher claim on assets and earnings than common stockholders. This asset, however, does not have a maturity date, making it perpetual, which means it will continue paying dividends indefinitely unless redeemed by the issuer.
Brookfield Corporation operates across various sectors, including real estate, infrastructure, renewable power, and private equity, making the preferred stock an attractive option for investors seeking exposure to diversified industries. The company's extensive global footprint ensures that the preferred shares hold a significant position in the fixed-income market, as they offer consistent returns and lower risk compared to common stocks. Due to its established history and strategic investments, Brookfield's preferred shares provide stability and an element of predictability, making them a reliable component in income-focused investment portfolios.
About
CEO
Employees
0
Address
—
Phone
—
Website
—
Instrument type
Common stock
Sector
Industry
Country
Canada
MIC code
XTSE