TSX:BPO.PR.A - Post by User
Comment by
CrazyTraderon Oct 08, 2024 8:36am
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Post# 36257511
RE:RE:RE:BPO SHORT September 30, 2024
RE:RE:RE:BPO SHORT September 30, 2024See the "A's" jump..... Yes Sonoffergus rates going back up are positive for those BPO reseting soon.
In general, higher rates means higher dividends which should mean higher yields or higher prices for BPO Prefers.
Then again, company is bleeding RED mostly do to higher rates.
The RISK only increases with time as the company continues to bleed. But these are Prefers, so the dividend is quite safe I think but I didn't stick around when the Feds failed to cut.....
Higher for Longer...... I've always believed this. Which ment my holding of BPO was always tempoary (short term).