Brookfield Office Properties Inc T.BPO.PR.A

Buzz on the Bullboards: Three engaging TSX stocks with a holiday flavour

[Carena]

Good morning, Since Sept, the US Fed has cut its Fed Funds rate by 100bp, and since the same time, the US 10yr yield is up 100bp and is near the highs of 2024.  This is not how it was supposed

[Jonathon Brown]

The TSX has experienced a rocky week, marked by five consecutive sessions of declines, but several stocks offer compelling opportunities. read article.

[Carena]

Good morning Pierre, I can hardly wait until my beloved N series dividend resets maybe 50% higher in June 2026 to around $1.50 per share!   Have a great Christmas and holiday season

[oilinvestor52]

Thank you @pierrelebel for highlighting the yields on these very undervalued BPO pref shares. Everyday you don't buy more is a missed opportunity.   

[pierrelebel]

All five year reset BPO preferred shares traded ex-dividend on Friday December 13th Including the new dividend for "A" effective with the March 31, 2025 payment, current dividend yields are

[oilinvestor52]

Buy the "A" and get nearly 50% of your money back over the 5 year term. I don't need to be a CPA to figure that one out. 

[oilinvestor52]

If u want play this mindless game on prefs you better buy some fancy trading software. The miniture short positions on BPO prefs are completely meaningless. -Donald

[Jonnyrd]

Shorts, when buying preffereds your doing it for income and hopefully holding long term I made a mistake by selling the T at 15 because I had huge gain and was worried they might drop down learned my

[pierrelebel]

"These minuscule short positions will make no difference" Again it depends what you are looking at.  For example the "T" have a short position of over 240,000 shares. 

[oilinvestor52]

I get you point but These minuscule short positions will make no difference to a small retail investor whatsoever. 

[pierrelebel]

oilinvestor52  wrote "The short positions are completely meaningless." That may be true for you. However others may give the short position of each BPO preferred issue some weight in

[oilinvestor52]

The short positions are completely meaningless. Just buy them and enjoy the dividends and capital appreciation. BPO prefs are the best buy among this asset class.  -Donald

[pierrelebel]

A relatively small (6%) reduction overall BPO.PR.A  15,608  -6,221  BPO.PR.C  124,941   6,281 

[oilinvestor52]

Many rate reset prefs are redeemed or about to get redeemed. Buy them while you can. BPO prefs are the best buy in the shrinking asset class. Take BPO.PR.A for example with the recent reset gving a 9

[Carena]

Hi Sonoffergus, The C's are the definite leader (w a spread of >5%!) and I had not realized it had broken above $21..wow.  What a crazy 18 months!   Have a great day, Carena

[SONOFFERGUS]

https://bpy.brookfield.com/press-releases/bpo/brookfield-office-properties-announces-reset-dividend-rates-and-conversion-3 Reset at $1.541.  I've diarized a pleasant (shared appetizer, no