Brookfield Office Properties Inc T.BPS.PR.U

Closing UP Friday September 13

[pierrelebel]

At 4:00pm all nine BPO 5 year reset preferred share issues were up for the day, on relatively low volume, with no indication that they were trading ex-dividend.

Clearly more to come.....

[pierrelebel]

This morning I contacted my broker (CIBC) asking for confirmation that BPO preferred shares were in fact trading ex-dividend today since their quotes did not reflect the reduction of the dividend. As the market closed this afternoon I received their reply: "Hello Pierre, Thank you for your email. We hope you are doing well.   For security reasons, we are unfortunately unable to

[CrazyTrader]

Pierre said "This morning I contacted my broker (CIBC) asking for confirmation that BPO preferred shares were in fact trading ex-dividend today since their quotes did not reflect the reduction of the dividend." Pierre, these are PREFER SHARES not Common Shares!!!!!    Paying a dividend on a Prefer Share shouldn't affect the "value" of the share that much.  &

[CrazyTrader]

Don't worry Pierre.... LOGICALLY if the dividend wasn't going to be paid, BPO share prices wouldn't continue trading at these levels or drop by the dividend amount......... Share Prices instead would DROP off a cliff.  But then again, no one seems to know for sure what's going on.     So, I guess until October comes and people find out wether or not the

[wynner]

If it's any help..... I got paid $315 for every 1000 BPO.W and X . They are late to decare those too.