Shares of Brookfield Asset Management Ltd’s 6.550% Series B Preferred Units (OAK.PRB) were yielding above 7.5% based on its quarterly dividend. OAK.PRB was trading at a 12.32% discount to its liquidation preference amount. The shares are not cumulative, so missed dividend payments do not have to be paid back. In trading on Monday, OAK.PRB was down 0.1% while common shares (BAM) were up 1.6%. This information is provided by Preferred Stock Channel and Nasdaq, Inc.

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