Brookfield Renewable's preferred shares are traded on the Toronto Stock Exchange. If you have any questions about the information and details below, please contact Investor Relations at firstname.lastname@example.org or at 416-359-1955.
For purposes of the enhanced dividend tax credit rules contained in the Income Tax Act (Canada) and any corresponding provincial and territorial tax legislation, all dividends (and deemed dividends) paid to Canadian residents on the Preferred Shares, are designated as “eligible dividends”.
1. Rate was reset from 5.25% effective May 1, 2015.
2. On April 15, 2015, a total of 4,518,289 of the 10,000,000 Class A Preference Shares Series 1 (“Series 1 Preferred Shares”) outstanding were elected for conversion, on a one-for-one basis, into floating rate Class A Preference Shares Series 2 (“Series 2 Preferred Shares”). Consequently, effective April 30, 2015, Brookfield Renewable will have 5,481,711 Series 1 Preferred Shares and 4,518,289 Series 2 Preferred Shares issued and outstanding.
3. On February 8, 2016, 2,885,496 shares of Class A Preference Shares, Series 5 were exchanged for Class A Preferred Limited Partnership Units, Series 5, leaving a total of 4,114,504 shares remaining.
* Please refer to Share Provisions on each series of preferred shares for further details on redemption dates, convertible options, dividend rates, etc.
** All share dividend payments are subject to declaration by The Board of Directors of Brookfield Renewable Power Preferred Equity Inc.
*** If such day is not a business day, the payment date shall be the following business day.
**** If the Record Date falls on a non-business day, it will be moved to the preceding business day.