Brookfield Office Properties Inc T.BPS.PR.U

RE:RE:RE:Tax Changes and Dividends and BPO.PR.E

[pierrelebel]

Good afternoon SONOFFERGUS.

Sorry for late reply, this was a family weekend. The older one gets, the more one appreciates those visits with the family.

"Anyway, we'll see Monday am!"

As it turns out, there was little to see this morning. At 11:30am, I counted a total about 2,000 shares traded on two BPO issues and no trade on the rest.

The few trades at higher prices late in the day today were on unusually low volume.

"I have traded in and out of the As"

I can see you think like a trader, I genereally do not. When comparing BPO.PR.T to all other five year reset BPO preferred shares, I simply looked at the actual current (2024) yield on the "T" and that was good for five years. That is good enough for me. Our purchases in December 2023 and earlier this tear were made with a current yield of 13% to 16%+.

We will sit on that for a while (despite the market manipulations that annoy me from time to time).

It is quite possible that other BPO preferred will eventually yield more when they hit their reset dates but, in the meantime, we collect the highest dividend yield currently available.
A bird in the hand beats two in the bush.

My wife and I had some "A: acquired late last year and sold them all at a very substanlial profit early this year, using the proceeds to buy more BPO.PR.T and some ECN.PR.E (yield 12.9% in March 2023).

Different strokes for different folks.