Brookfield Announces Dividend Rate Reset for Series 42 Shares

Brookfield Corporation ( (TSE:BN) ) has provided an update.

On June 3, 2025, Brookfield Corporation announced the reset of the fixed dividend rate on its Cumulative Class A Preference Shares, Series 42, for the five-year period starting July 1, 2025. The fixed quarterly dividends will be paid at an annual rate of 5.658%. Shareholders have the option to convert their Series 42 Shares into Series 43 Shares, which will have a floating dividend rate tied to the yield on three-month Government of Canada treasury bills. The Toronto Stock Exchange has conditionally approved the listing of the Series 43 Shares, subject to Brookfield meeting all listing requirements.

The most recent analyst rating on (TSE:BN) stock is a Buy with a C$50.50 price target. To see the full list of analyst forecasts on Brookfield Corporation stock, see the TSE:BN Stock Forecast page.

Spark’s Take on TSE:BN Stock

According to Spark, TipRanks’ AI Analyst, TSE:BN is a Neutral.

Brookfield Corporation demonstrates strong operational performance with significant earnings growth and asset management momentum. However, challenges such as high leverage, weak cash flow, and a stretched valuation present risks. While the earnings call highlights a positive outlook with increased distributable earnings and capital deployment capacity, caution is advised due to technical indicators suggesting potential overbought conditions.

To see Spark’s full report on TSE:BN stock, click here.

More about Brookfield Corporation

Brookfield Corporation is a leading global investment firm focused on building long-term wealth for institutions and individuals worldwide. The company operates in three core areas: Alternative Asset Management, Wealth Solutions, and Operating Businesses, which include renewable power, infrastructure, business and industrial services, and real estate. Brookfield has a history of delivering over 15% annualized returns to shareholders for more than 30 years, leveraging its extensive operational experience and global sourcing networks.

Average Trading Volume: 2,110,035

Technical Sentiment Signal: Strong Buy

Current Market Cap: C$118.4B

For detailed information about BN stock, go to TipRanks’ Stock Analysis page.