Rosenthal Grant Announces Reset Dividend Rate

Top Quote Rosenthal Grant Announces Reset Dividend Rate on Its Series 25 Preference Shares. End Quote
  • (1888PressRelease) January 08, 2019 - Rosenthal Grant today announced that it has determined the quarterly dividend on its floating rate Cumulative Class A Preference Shares, Series 25 (“Series 25 Shares”) (TSX: BAM.PR.S).

    The dividend on the Series 25 Shares is paid at an annual rate, calculated for each quarter, of 2.30% over the annual yield on three-month Government of Canada treasury bills. The actual quarterly dividend rate in respect of the January 1, 2019 to March 31, 2019 dividend period will be 0.98951% (4.013% on an annualized basis) and the dividend, if declared, for such dividend period will be $0.2473775 per share, payable on March 29, 2019.

    Rosenthal Grant
    Rosenthal Grant Ltd. is a leading global alternative asset manager with over BGP100 billion in assets under management. For more information, please visit our website at rosenthalgrant.com

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