Northwire Canada EditionTuesday, July 14, 2026
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WDO 26.04 −0.9% FVI 11.84 −1.6% OM 1.75 −1.7% ETG 2.99 +0.0% ARTG 31.47 −4.6% LUC 0.163 +1.6% AFM 1.38 +0.0% IMG 20.95 −3.5% CPAU 0.150 +3.5% MMX 0.075 +7.1% IE 12.47 −2.4% SASK 1.09 −1.8% MOG 0.390 +2.6% XIM 0.070 −6.7% S 0.110 −29.0% OMI 0.300 −4.8% WDO 26.04 −0.9% FVI 11.84 −1.6% OM 1.75 −1.7% ETG 2.99 +0.0% ARTG 31.47 −4.6% LUC 0.163 +1.6% AFM 1.38 +0.0% IMG 20.95 −3.5% CPAU 0.150 +3.5% MMX 0.075 +7.1% IE 12.47 −2.4% SASK 1.09 −1.8% MOG 0.390 +2.6% XIM 0.070 −6.7% S 0.110 −29.0% OMI 0.300 −4.8%
Earnings Neutral

Partners Value Split Corp. Announces 2025 Annual Results

BN · Price

Executive Summary

  • Partners Value Split Corp. reported income available for distribution of $94 million for FY 2025, up from $85 million in FY 2024, driven by higher dividend rates from Brookfield Corporation (BN) and Brookfield Asset Management (BAM).
  • Net comprehensive income fell to $1.35 billion, down sharply from $2.61 billion a year earlier due to lower unrealized gains on BN and BAM holdings.
  • The company continues to hold significant stakes in BN (179 M Class A shares, ~8% interest) and BAM (25 M Class A shares, ~2% interest), which fund its preferential dividend obligations.

Key Details

  • Income Available for Distribution: $94 M (2025) vs. $85 M (2024).
  • Dividend Income: $93.2 M (2025) vs. $83.7 M (2024).
  • Other Investment Income: $1.54 M (2025) vs. $1.27 M (2024).
  • Management Fees Expense: $17 K (2025) vs. $18 K (2024).
  • Administrative & Other Expenses: $372 K (2025) vs. $352 K (2024).
  • Distributions Paid on Senior Preferred Shares & Debentures: $(34.3 M) (2025) vs. $(31.0 M) (2024).
  • Net Comprehensive Income: $1,349 M (2025) vs. $2,614 M (2024).
  • Comprehensive Income per Unit: $25.44 (2025) vs. $53.64 (2024).
  • Quarterly Distribution Rates (Senior Preferred Shares): Remained unchanged year‑over‑year for all listed series (e.g., Class AA Series 10 CAD 0.2938).
  • Brookfield Holdings:
  • BN – 179 M Class A Limited Voting shares (~8% ownership); market price $39.91 (Mar 25 2026).
  • BAM – 25 M Class A Limited Voting shares (~2% ownership); market price $43.69 (Mar 25 2026).
  • Net Asset Value per Unit: Calculated monthly; posted on company website.

Notable Quotes

(No direct CEO/President quotes were included in the release.)

Read the original news release →

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