PDA

View Full Version : BPP.TO increases dividends again


angelocardoc
03-11-2010, 02:19 PM
Brookfield Office Properties Canada's REIT
BPP.TO


"...increase $0.07 per unit, or $0.84 per unit on an annualized basis, from $0.0667 per unit or $0.80 per unit on an annualized basis..."


"...a reduction in the number of units outstanding by approximately five million to 93 million and an increase in expected funds from operations available to unit holders on an annualized basis in 2010 to $1.27 per unit from $1.20 per unit. In addition, Brookfield Office Properties Canada's monthly distributions commencing on closing of the transaction as modified will increase to $0.07 per unit, or $0.84 per unit on an annualized basis."

Canadian
03-25-2010, 07:18 PM
Brookfield Office Properties Canada's REIT
BPP.TO

The REITs will be amongst the most heavily hit stocks when the interest rates start to climb, which is due any time now :).