Brookfield Property Partners LP | 6.50% Class A Cumulative Redeemable Perpetual Preferred Units, Series 1 (BPYPP)

Prospectus excerpt:  Distributions on the Series 1 Preferred Units are cumulative from the date of original issue and will be payable quarterly in arrears on the last day of March, June, September and December when, as and if declared by Brookfield Property Partners Limited, our general partner. The pro-rated initial distribution on the Series 1 Preferred Units offered hereby, if declared, will be payable on July 1, 2019 in an amount equal to approximately $0.446875 per Series 1 Preferred Unit. Distributions on the Series 1 Preferred Units will be payable out of amounts legally available therefor at a rate equal to 6.50% per annum of the $25.00 liquidation preference.

Full Prospectus PDF », BPY Page »

Call Date:3/31/2024
Shares Offered:6,400,000
Liquidation Preference:$25
Recent Market Price:$25.15
Premium to Liquidation Preference:
(More Preferreds Trading at a Premium »)
$0.15 (0.60%)
Annualized Dividend:1.625
Recent Ex-Date:11/30/2021
Current Yield:6.46%
Original Coupon:6.50%
Pay Period:Quarterly
Pay Dates:31-Mar, 30-Jun, 30-Sep, 31-Dec
CDx3 Compliance Rating: Learn BPYPP's Rating
Brookfield Property Partners owns, operates, and invests in commercial and other property on a global basis. Co.'s segments are: Core Office, which consists of interests in various office properties that are located in New York, U.S., London, U.K., Los Angeles, U.S., Washington, D.C., U.S., Sydney, Australia, Toronto, Canada, and Berlin, Germany, and active office and multifamily developments; Core Retail, which consists of various retail properties in the U.S.; and LP Investments, in which Co. has interests in various real estate sectors around the globe including office, retail, multifamily, logistics, hospitality, self-storage, triple net lease, manufactured housing and student housing.

Preferred: BPYPP

Open the BPY Information Page »
Brookfield Property Partners LP
Real Estate

Quotes delayed 20 minutes

Email EnvelopeFree Email Alerts:
Get Dividend Alerts
Get SEC Filing Alerts
Top Ten Highest Yielding Preferred Stocks
Feel-Good Income: Socially Responsible Preferreds
Dividend Channel's 25 S.A.F.E. Dividend Stocks
Increasing Payments For Decades

Safer than S.A.F.E: Preferreds of Dividend Channel's
S.A.F.E. Dividend Stocks

Recent Preferred Stock Offerings
Preferred Stocks of Dow Components
Preferred Stocks of S&P 500 Components
Preferred Stocks By Industry
Preferred Stocks Where Insiders Are Buying The Common
High Yield Preferred Stocks
Preferreds Trading At Premiums To Liquidation Preference
Preferreds Trading At Discounts To Liquidation Preference
The Top 10 DividendRank'ed U.S. Stocks
The Top 10 DividendRank'ed Canadian Stocks
Top 25 Broker Analyst Picks of the S&P 500
Stock market game

Brookfield Property Partners LP | 6.50% Class A Cumulative Redeemable Perpetual Preferred Units, Series 1 (BPYPP) Information Page | Preferred Stock Channel |

Copyright © 2010 - 2021, All Rights Reserved Nothing in Preferred Stock Channel is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact Preferred Stock Channel; Meet Our Editorial Staff.