Partners Value Split Corp. 4.7 % Cum Red Pfd Registered Shs -AA- 2020-28.02.27 Series -10- Reg S
25.60
CAD
-0.03
(-0.12%)
ISIN
CA70214J8308
CUSIP
70214J830
Return %
Stock
S&P 500
1Y
-0.58
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.Company Description
- CEO
- Cyrus Madon
- Sector
- Miscellaneous
- Industry
- Investment trusts
- Address
- Toronto Canada
- IPO Date
- Oct 29, 2015
- Website
- partnersvaluesplit.com
- Similar Companies
- Business
- Partners Value Split Corp. is an investment corporation that invests primarily in the equity securities of Brookfield Corporation to provide securityholders with stable dividend income and capital preservation through structured split-share investment vehicles. Founded in 2001 and headquartered in Toronto, Ontario, Canada, the company operates as a specialized subsidiary of Partners Value Investments LP, focusing on the Canadian asset management and capital markets sectors. The company's core products and services encompass structured split-share investment securities, including Class AA Preferred Shares; Series 10 (TSX: PVS.PR.H) 4.70% Cumulative Redeemable Preferred Shares yielding fixed quarterly preferential distributions with a scheduled maturity date of February 28, 2027; additional series of Class AA Preferred Shares offering fixed, floating, or reset cumulative cash dividends; Junior Preferred Shares designed for subordinated yield structures; and Capital Shares providing leveraged capital appreciation and residual net asset value growth tied to the performance of Brookfield Corporation Class A Limited Voting Shares. Through its investment portfolio management activities, the corporation provides income-oriented retail and institutional investors with structured yield vehicles backed by diversified global alternative asset management cash flows across infrastructure, real estate, renewable power, private equity, and credit sectors. In recent developments, Partners Value Split Corp. has continued to actively manage its capital structure and preferred share maturity profile through periodic issuance, refinancing, and redemption of its Class AA Preferred Share series to extend liability durations and optimize funding costs. The company adapted its asset base and collateral coverage in response to Brookfield Corporation's corporate reorganizations and asset management spin-offs, maintaining full dividend distributions across all outstanding preferred share series, including the 4.70% Series 10 preferred shares. Furthermore, the corporation has consistently met all quarterly distribution obligations and maintained targeted asset coverage ratios to support credit stability and capital preservation for its preferred shareholders.