Press release content from Globe Newswire. The AP news staff was not involved in its creation.

NEW YORK, Oct. 02, 2020 (GLOBE NEWSWIRE) — Brookfield Real Assets Income Fund Inc. (NYSE: RA) (the “Fund”) today announced that its Board of Directors declared the Fund’s monthly distributions for October, November and December 2020.





Month Record Date Ex Date Payable Date Amount per Share
October 2020 October 14, 2020 October 13, 2020 October 22, 2020 $0.1990
November 2020 November 11, 2020 November 10, 2020 November 19, 2020 $0.1990
December 2020 December 15, 2020 December 14, 2020 December 23, 2020 $0.1990

Shares purchased on or after the ex-distribution date will not receive the distribution discussed above. Please contact your financial advisor with any questions. Distributions may include net investment income, capital gains and/or return of capital (ROC). Any portion of the Fund’s distributions that is a return of capital

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Some investors rely on dividends for growing their wealth, and if you’re one of those dividend sleuths, you might be intrigued to know that Brookfield Infrastructure Corporation (NYSE:BIPC) is about to go ex-dividend in just 4 days. Investors can purchase shares before the 28th of August in order to be eligible for this dividend, which will be paid on the 30th of September.

Brookfield Infrastructure’s upcoming dividend is US$0.48 a share, following on from the last 12 months, when the company distributed a total of US$1.94 per share to shareholders. Based on the last year’s worth of payments, Brookfield Infrastructure stock has a trailing yield of around 3.8% on the current share price of $51.41. Dividends are a major contributor to investment returns for long term holders, but only if the dividend continues to be paid. As a result, readers should always check whether Brookfield Infrastructure has been able to

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Mall operators Simon Property Group (NYSE: SPG) and Brookfield Property Partners (NASDAQ: BPY) joined forces to present a bid to buy J.C. Penney (OTC: JCPN.Q) out of bankruptcy, and theirs has reportedly emerged as the leading offer.

While private equity firm Sycamore Partners was offering a somewhat higher amount, Simon and Brookfield are jointly willing to offer concessions on the department store’s leases that have led the company and its lenders to view their bid as a better option.

J.C. Penney storefront

Image source: J.C. Penney.

The reason behind the shopping spree

Simon is the country’s largest mall operator, and J.C. Penney has a presence in about half of its malls, or some 63 locations. Brookfield is the second-largest U.S. operator. Together, they have sought to do what they can to prevent their retail tenants from folding and leaving vacancies behind — blights on their shopping destinations that could lead to further declines

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