Brookfield Property Partners L.P. BPY

Real Estate

Brookfield Property Partners LP owns, operates, and invests in commercial properties in North America, Europe, Australia, and Brazil. The company focuses on being a global owner and operator of real estate, providing investors with diversified exposure to some of the iconic properties and acquiring high-quality assets at a discount to replacement cost or intrinsic value. Its operating segment includes Core Office, Core Retail, LP Investments, and Corporate Segments. The company operates in various sectors such as the office sector, retail sector, industrial, multifamily, hospitality, triple net lease, and the corporate sector. It generates a majority of revenue from the LP Investments segment.

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Brookfield Property Partners L.P. > Caution on Preferred Shares

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Comment by shawshank2on Jul 09, 2020 9:55pm

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Post# 31249229

RE:RE:Caution on Preferred Shares

CanSiamCyp wrote: I own BPO.PR.G and .I and both of these reset prefs have a minimum of 4.85% on the $25 par value (yield at current market price >8%). So if GOC5 rate goes down, you get 4.85% on par. If the GOC5 goes up (above 1.5% or so) then the coupon rate will be increased. The dividends are eligible dividends hence you get the DTC (in non registered accounts). Just saying!

So just to clarify absolute minimum divy would be 4.85?

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