Our board may declare distributions at its discretion, in the form of a dividend or a distribution made pursuant to a capital reduction resulting in a return of capital or a combination, each of which we refer to as a distribution. However, each Brookfield Wealth Solutions Ltd. class A exchangeable share has been structured with the intention of providing an economic return equivalent to one Brookfield Class A Share and it is expected that distributions on the Brookfield Wealth Solutions class A exchangeable shares will be paid at the same time and in the same amount as dividends are paid on Brookfield Class A Shares.
Currency Option
The quarterly distribution payable on Brookfield Wealth Solutions Class A exchangeable shares is declared in U.S. dollars. Registered shareholders who are U.S. residents receive their distributions in U.S. dollars, unless they request the Canadian dollar equivalent. Registered shareholders who are Canadian residents and beneficial shareholders whose shares are registered in the name of CDS or a name other than their own name (i.e., generally those holding their shares with a Canadian brokerage), will receive their distributions in the Canadian dollar equivalent, unless they request to receive distributions in U.S. dollars. The Canadian dollar equivalent of the quarterly distribution is based on the Bank of Canada daily average exchange rate on the Record Date.
Class A Exchangeable Limited Voting Shares
| Declaration | Record Date | Distribution Date | Amount (USD) |
|---|---|---|---|
| November 14, 2024 | December 16, 2024 | December 31, 2024 | $0.08 |
| August 8, 2024 | September 12, 2024 | September 27, 2024 | $0.08 |
| May 9, 2024 | June 13, 2024 | June 28, 2024 | $0.08 |
| February 8, 2024 | March 13, 2024 | March 28, 2024 | $0.08 |
Class A-1 Exchangeable Limited Voting Shares
| Declaration | Record Date | Distribution Date | Amount (USD) |
|---|---|---|---|
| August 8, 2024 | September 12, 2024 | September 27, 2024 | $0.08 |
| May 9, 2024 | June 13, 2024 | June 28, 2024 | $0.08 |
2023 Distributions
| Declaration | Record Date | Distribution Date | Amount (USD) |
|---|---|---|---|
| November 9, 2023 | December 14, 2023 | December 29, 2023 | $0.07 |
| August 10, 2023 | September 14, 2023 | September 29, 2023 | $0.07 |
| May 11, 2023 | June 15, 2023 | June 30, 2023 | $0.07 |
| February 9, 2023 | March 16, 2023 | March 31, 2023 | $0.07 |
** All distribution payments are subject to declaration by our Board of Directors.
BNRE Class A exchangeable shares receive distributions at the same amount per share as the cash dividends paid on each Brookfield Corporation Class A Share. Following the spin-off of Brookfield’s Asset Management business in December 2022, combined, Brookfield Corporation’s quarterly distribution of $0.07 per share and Brookfield Asset Management’s quarterly dividend of $0.32 per share (equivalent to $0.08 per Class A share held prior to the special distribution), would equate to $0.15 per Class A share held prior to the special distribution; representing a 7% increase from the prior year distribution.
2022 Distributions
| Declaration | Record Date | Distribution Date | Amount (USD) |
|---|---|---|---|
| November 10, 2022 | November 30, 2022 | December 30, 2022 | $0.14 |
| August 11, 2022 | September 14, 2022 | September 29, 2022 | $0.14 |
| May 12, 2022 | June 15, 2022 | June 30, 2022 | $0.14 |
| February 10, 2022 | March 16, 2022 | March 31, 2022 | $0.14 |
2021 Distributions
| Declaration | Record Date | Distribution Date | Amount (USD) |
|---|---|---|---|
| November 11, 2021 | December 16, 2021 | December 31, 2021 | $0.13 |
| August 12, 2021 | September 14, 2021 | September 29, 2021 | $0.13 |
Canadian Registered Shareholders
Canadian Registered shareholders wishing to receive the distribution in U.S. dollars should contact Brookfield Wealth Solutions transfer agent, TSX Trust Company, in writing at P.O. Box 700, Station B, Montreal, QC H3B 3K3 or by phone at:
Canada and United States (English & French): 1 (877) 715-0498
Outside North America: 1 (416) 682-3860
Canadian Beneficial Shareholders
Canadian Beneficial shareholders whose shares are registered in the name of CDS or a name other than their own name (i.e., generally those holding their Class A shares with a Canadian brokerage), should contact their broker if they would like to receive the distribution in U.S. dollars.