Brookfield Finance I (UK) plc 4.50% Perpetual Subordinated Notes (NYSE:BNJ) to Issue Quarterly Dividend of $0.28

Brookfield Finance I (UK) plc 4.50% Perpetual Subordinated Notes (NYSE:BNJ) announced a quarterly dividend on Sunday, October 18th. Investors of record on Monday, November 9th will be paid a dividend of $0.2812 per share on Tuesday, November 24th. This represents a $1.12 annualized dividend and a yield of 8.1%. The ex-dividend date is Monday, November 9th. This is a 0.0% increase from Brookfield Finance I (UK) plc 4.50% Perpetual Subordinated Notes’s previous quarterly dividend of $0.2812.

Brookfield Finance I (UK) plc 4.50% Perpetual Subordinated Notes Trading Up 0.2%

NYSE BNJ traded up $0.03 during trading on Monday, reaching $13.94. 14,230 shares of the company’s stock were exchanged, compared to its average volume of 19,420. Brookfield Finance I has a fifty-two week low of $13.87 and a fifty-two week high of $16.08. The stock has a fifty day moving average price of $14.65.

Brookfield Finance I (UK) plc is a United Kingdom–based financing entity associated with Brookfield, a global alternative asset management and real assets business. Unlike Brookfield’s operating companies, the issuer is primarily established to raise capital through the issuance of debt and other securities rather than to provide products or services directly to customers.

The company’s 4.50% Perpetual Subordinated Notes are listed on the New York Stock Exchange under the symbol BNJ. As perpetual subordinated securities, the notes have no stated maturity and rank below senior obligations of the issuer, subject to the terms of the offering documents.