I've been watching this chart and over the past three days there has been a strong rally, hence the 3 white soldiers pattern, I'm wondering if anyone wants to jump on this with me?
Brookfield insider latest filings.Warren Buffett teams up with Brookfield on huge bet on U.S. housing market
http://business.financialpost.com/2...market/?utm_source=dlvr.it&utm_medium=twitter
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.
http://www.brookfield.com/content/stock_and_dividend_info/common_shares-26718.html
"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$0.72 per annum based on the pre-split number of shares outstanding) beginning on June 30, 2015. This would represent an increase of approximately 6% over the current quarterly dividend rate, on a split-adjusted basis."With a 6% increase, the 1.2% yield becomes 1.27%?
Thinking to start a position in my RRSP, I knew that they pay dividends in USD, but just double-checked on their website - and apparently "Registered shareholders who are Canadian residents receive their dividends in the Cdn. dollar equivalent, unless they request to receive dividends in U.S. dollars."
I know the dividend is tiny, but still - a question if I may to those who hold the stock: do you receive dividends in CAD or USD? If the latter - did you have to request it (and how if yes)?
I'm with Questrade, a dual currency account
Maybe I'm blind, but I went trough my account activity - and don't see any currency skimming. Last dividend for example:I am with Questrade and originally bought POT in C$. After learning about the currency skimming for forex I journaled over to POT in US$.
http://seekingalpha.com/news/2803846-strong-open-for-brookfield-asset-as-bmo-buys-the-dipBrookfield Asset Management (NYSE:BAM) is off more than 20% since hitting its high point for the year in April.
It's ahead 2.5% in early action amid a strong broad market opening and an upgrade to Outperform from BMO Capital.