TSX:BPO.PR.A - Post by User
Post by
CrazyTraderon Sep 28, 2023 3:49pm
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Post# 35660193
BPYP.PR.A rate is 6.25%. Current Share Price $18.73
BPYP.PR.A rate is 6.25%. Current Share Price $18.73 giving a yield about 11.25. That's about "pari passu" to yields on BPO's prefers......... BUT BPO's are 5yr reset !!!!
While BPY vs BPO are "pari passu" in terms of ranking.... They are different in how the amounts of dividends are determined. I think that's a very important factor that seems that the market if failing to factor in on BPO prefers.
All just my opinion/view/thinking/assuming/guessing