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Pembina Pipeline Corporation cumulative redeemable min rate reset Class A pref shares Series 21 (PPL.PF.A $25.40)
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Brookfield Corporation Class A Preference Shares Series 48 (BN.PF.J $26.00)
Q: Assume that these shares were reset today , what would be the
effective dividend on a percentage basis. Thanks BRIAN
effective dividend on a percentage basis. Thanks BRIAN
5i Research Answer:
Under the terms of the preferreds, if reset today, BN.PR.J would be 6.16% and PPL.PR.A would be 5.53%.