TSX:BN

Brookfield Corporation (NYSE: BN, TSX: BN) will host its first quarter 2026 conference call and webcast on Thursday, May 14, 2026 at 10:00am (ET).
Brookfield Corporation (NYSE: BN; TSX: BN) reported record 2025 distributable earnings before realizations of $5.4 billion, up 11% year over year, and raised its quarterly dividend by 17%.

For Q4 2025, distributable earnings before realizations were $1.5 billion ($0.63 per share), with total distributable earnings of $1.6 billion ($0.67 per share). Net income attributable to Brookfield shareholders was $743 million, or $0.30 per diluted share.

For full year 2025, total distributable earnings reached $6.0 billion ($2.54 per share), while net income attributable to shareholders was $1.3 billion, or $0.49 per diluted share. The company ended the year with a record $188 billion of deployable capital.

Asset Management generated $2.8 billion of distributable earnings, supported by $112 billion of fundraising and a 12% increase in fee-bearing capital to $603 billion. Wealth Solutions delivered $1.7 billion of distributable earnings, up 24%, with $20 billion in annuity sales. Operating Businesses contributed $1.6 billion, reflecting resilient cash flows across renewable power, infrastructure, private equity and real estate.

During 2025, Brookfield completed a record $91 billion of asset sales and deployed $126 billion of capital. The company repurchased over $1 billion of shares and returned $1.6 billion to shareholders through dividends and buybacks. The quarterly dividend was increased to $0.07 per share, payable March 31, 2026.

Globe Newswire
Brookfield Corporation to issue new preferred shares, redeem Series 44 shares

Brookfield Corporation (NYSE: BN, TSX: BN) announced it will issue C$200 million of Class A Preferred Shares, Series 54 at C$25.00 per share. The shares will pay a 5.65% annual fixed dividend until December 31, 2030, after which the rate resets every five years to the greater of the 5-year Government of Canada bond yield plus 2.80% or 5.65%.

The underwriting syndicate is led by Scotiabank, BMO, CIBC, National Bank, RBC, and TD. An additional 2 million shares may be issued if the underwriters’ option is exercised, bringing the deal up to C$250 million.

Brookfield plans to use the proceeds to redeem at least C$200 million of its Cumulative Class A Preferred Shares, Series 44 (TSX: BN*PF*H) on December 31, 2025, at C$25.00 per share. If the option is exercised in full, all Series 44 shares will be redeemed. Holders of Series 44 shares as of December 15, 2025 will still receive the previously declared quarterly dividend of C$0.3125 on December 31, 2025.

The offering is expected to close on or about November 26, 2025.
Brookfield Corporation has completed a $1.25 billion refinancing of Five Manhattan West, a 1.7 million-square-foot office tower within its Manhattan West development. The five-year loan, carrying a 6.0% fixed rate, was secured through a syndicate including Citigroup, Deutsche Bank, Societe Generale, Bank of Montreal, and JP Morgan Chase. So far in 2025, Brookfield has executed more than $28 billion in financings across its global real estate portfolio.

The building, redeveloped in 2017 at a cost of $350 million, is fully leased to major tenants such as JP Morgan Chase, Amazon, Peloton, and Whole Foods. Brian Kingston, Executive Chair of Brookfield Real Estate, described the refinancing as a strong vote of confidence in both the property and the Manhattan West campus, which features three office towers, residential and hotel properties, retail, dining, and a large public plaza.
Brookfield Sets 5.658% Dividend Rate for Series 42 Preferred Shares, Offers Conversion to Floating Rate Series 43

Brookfield Corporation (TSX: BN.PF.G) announced on June 3, 2025, that the fixed dividend rate for its Cumulative Class A Preference Shares, Series 42, will be 5.658% annually (C$0.353625 quarterly) for the term July 1, 2025, to June 30, 2030. Shareholders may opt to convert Series 42 shares to Series 43 shares, which offer floating-rate dividends at 2.84% above 3-month Canadian T-bills. The first quarterly dividend for Series 43 is set at 1.38227% (annualized 5.484%).

Shareholders must elect conversion by June 16, 2025. Automatic conversion or cancellation of the option will occur if Series 42 or Series 43 shares fall below 1 million outstanding shares. The TSX has conditionally approved the listing of Series 43 shares, pending standard requirements.