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Bullboard - Stock Discussion Forum Brookfield Property Partners L.P. BPY

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... see more

NDAQ:BPY - Post Discussion

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Post by Someguy on Oct 01, 2020 11:13am

Dividend payday

Anyone know when the dividend gets paid out? Thought it was yesterday
Comment by Matamata on Oct 01, 2020 11:37am
It was yesterday. Appeared in account this morning.
Comment by Someguy on Oct 01, 2020 1:50pm
Weird, have it set to use the dividend to automatically buy more stocks but no extra stock or cash. Going to lose out on a unit or two if the price keeps going up before it buys 
Comment by Oilspecs on Oct 01, 2020 3:48pm
You should have gotten paid yesterday.  Ex-div date was Aug 28th.  Which means you needed to have bought it before Aug 28th.  I was paid.  You can just check your account history.   Next res level is $18.10.  GLTA
Comment by Ladislav3 on Oct 01, 2020 5:09pm
When you are enrolled in DRIP the funds are withheld by BPY.UN and will be used to issue funds from treasury.  The cost of the units are priced at the average trading price on NASDAQ over the 5 days prior to the dividend pay date. Any change in price at this point should not affect the number of units you receive.
Comment by Someguy on Oct 01, 2020 8:10pm
Thanks, that's the most relieving answer I could have hoped for.