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Q: The price of BN.PR.C has dropped significantly since the first week of May. The steepest drop was at the time of the prime interest rate decrease by the B of C. Should one expect similar price drops as interest rates decrease? This preferred share now yields 11.46%. If looking for income, would you have any concerns regarding buying a part position now?
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Q: Looking back, I have had this in my RRSP for many years and it always seems to be in negative territory. I don't really understand what it is/does. Should I be rid of it. Thank you.
- Brookfield Corporation Class A Preference Shares Series 4 (BN.PR.C)
- Brookfield Corporation Cumulative Class A Preference Shares Series 17 (BN.PR.M)
- Brookfield Corporation Cumulative Class A Preference Shares Series 18 (BN.PR.N)
Q: Hi 5i, looking to buy one of these Brookfield perpetuals. they all have approx. the same dividend. I like the liquidity of M but cant tell if one of them is cumulative. Can you help me out and rank them. Thanks
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