BPY - Brookfield Property Partners L.P.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
19.08
+0.29 (+1.54%)
At close: 4:00PM EDT
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Previous Close18.79
Open18.82
Bid18.50 x 1800
Ask19.50 x 1000
Day's Range18.80 - 19.22
52 Week Range14.96 - 21.22
Volume796,857
Avg. Volume1,037,593
Market Cap18.161B
Beta (3Y Monthly)0.99
PE Ratio (TTM)13.92
EPS (TTM)1.37
Earnings DateOct 30, 2019 - Nov 4, 2019
Forward Dividend & Yield1.32 (7.03%)
Ex-Dividend Date2019-08-29
1y Target Est23.06
Trade prices are not sourced from all markets
  • GlobeNewswire

    Brookfield Property Partners Renews Normal Course Issuer Bid

    BROOKFIELD NEWS, Aug. 16, 2019 -- Brookfield Property Partners L.P. (“BPY”) (NASDAQ: BPY; TSX: BPY.UN) announced today that the Toronto Stock Exchange (the “TSX”) accepted a.

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    Sears Is Closing a Bunch of Stores (Again)

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  • 7 Winning High-Yield Dividend Stocks With Payouts Over 5%
    InvestorPlace

    7 Winning High-Yield Dividend Stocks With Payouts Over 5%

    Editor's note: This story was previously published in May 2019. It has since been updated and republished.Google the question "What's considered a high dividend yield?" and you get more than 65 million results. That's because many investors are on the hunt for dividend stocks to buy that not only appreciate over time but also pay a high dividend. So what is a high-dividend yield stock? One that pays 1%? 3%? 5%? The truth is there is no strict rule. InvestorPlace - Stock Market News, Stock Advice & Trading TipsIf you are interested in high-yield dividend stocks, it's better to focus on a company's history of growing its dividend rather than just looking for the juiciest dividend yields. That's because dividend yields are often high due to some problem with the business that's knocked its share price lower. * 7 A-Rated Stocks Under $10 That said, if you can find a group of stocks that yield 5% and have demonstrated the ability to grow the annual payment over a decent amount of time, double-digit total returns won't be nearly as difficult to achieve.The trick is finding those stocks. Here are seven high-yield dividend stocks to buy with a payout of 5% or more that I believe can get the job done. BP (BP)The integrated oil and gas company has come a long way since the Deepwater Horizon oil spill in 2010. BP (NYSE:BP) currently yields 6.55%. It has paid a quarterly dividend for 34 consecutive quarters starting with a 42-cent payment in Q4 2010.Source: Shutterstock For 15 quarters between Q3 2014 and Q1 2018, it paid a 60-cent quarterly dividend, opting to retain more of its cash flow. With the September 2018 payment, BP increased its quarterly dividend to $0.6150 and has continued that right into 2019. In the past I have given InvestorPlace readers five reasons to own BP stock. Included in the mix was the company's projection that its free cash flow would grow from $1.8 billion to $24 billion by 2021. That projection was based on a $55 barrel of oil. In fiscal 2018, BP finished the year with $7.8 billion in free cash flow. It now expects to generate between $14-15 billion in free cash flow by 2021, down from its earlier projections, but much higher than where it was in fiscal 2016. It expects to achieve its free cash flow projection for 2021 by adding approximately 900,000 barrels of oil equivalent per day with many of the 16 projects required to add this capacity already underway. Icahn Enterprises (IEP)Love him or hate him, Carl Icahn sure knows how to make money for his investors, and Icahn Enterprises (NYSE:IEP) is next on our list of high-yield dividend stocks.Source: Steve Pisano via FlickrOver the past 15 years, IEP's annualized total return was 14.8% with approximately 43% of those gains from dividends. Currently yielding just under 11%, IEP increased its quarterly distribution to $2 a share.In 2018, Icahn's investment fund made 7.8% on the year, when most hedge funds lost money and the S&P 500 was also down. Although Icahn is in his 80s, he's still able to jump on the latest trends. * 10 Stocks to Buy on the Trade War Dip He might appear grumpy at times, but who cares when he delivers for shareholders. Brookfield Property Partners (BPY)Brookfield Property Partners (NASDAQ:BPY) invests in real estate. Whether we're talking office, retail, multi-family residential, self-storage, student housing, you name it, if there's money to be made, BPY is in the mix.Source: Shutterstock BPY acquired a 100% leasehold interest in 666 Fifth Avenue in New York in August 2018. The property, bought at the height of the real estate market, was Jared Kushner's money pit. He paid $1.8 billion for it. BPY took it off his hands for $1.3 billion. It plans to redevelop the building to bring up the rents and then hang on to it until the property is worth significantly more than the price Brookfield paid for it. Over the last five years, this high-yield dividend stock has completely reshaped its business, taking five publicly traded companies private, a move that kept a lid on its share price. As a result, the company's board's approved a $500 million substantial issuer bid to buy back its shares at prices between $19 and $21.AThe company offers a current yield of 6.9%. BPY is also affiliated with Brookfield Asset Management (NYSE:BAM), which owns 52% of the company. You could do a lot worse when it comes to high-yield dividend stocks. Cedar Fair (FUN)Who can resist a stock with the symbol FUN? Cedar Fair (NYSE:FUN) has been providing fun for kids and adults alike since 1870. Source: Jeremy Thompson via Flickr (Modified)It hasn't been a public company for 148 years, though. It went public in 1987. And a $10,000 investment in its IPO would be worth approximately $875,000 today. Its first park was in Sandusky, Ohio. Since then it's added ten additional amusement parks, two outdoor water parks, one indoor water park, and four hotels. The entire system welcomes close to 26 million guests each year generating more than $1.3 billion in annual revenue. The average guest spends almost $48 visiting one of its amusement parks spread across North America. * 10 Cyclical Stocks to Buy (or Sell) Now Set up as a publicly traded partnership, Cedar Fair pays out most of its profits tax-free to its unitholders. Since going public, it's paid out more than $2.6 billion in distributions to unitholders.Cedar Fair might not grow its revenues by double digits but its current yield of 7.18% more than makes up for its lack of growth, making it one of the best high-yield dividend stocks to buy. BCE (BCE)BCE (NYSE:BCE) could best be described as a Canadian version of AT&T (NYSE:T).Source: BCE, Inc. Canada's largest communications company, BCE generates 53% of its annual revenue from its wireline business, which includes broadband, TV, and voice, 36% from wireless, and the remaining 11% from Bell Media. Its media business includes 30 TV stations, 30 specialty networks, four pay-TV channels, 109 radio stations, and more than 200 websites. BCE aims to pay out between 65%-75% of its free cash flow annually. In 2018, it paid out CAD$2.68 billion for dividends, 6.6% higher than a year earlier. It currently yields 5.18%, 140 basis points less than AT&T. However, its long-term debt is just CAD$19.8 billion, less than 10% of Randall Stephenson's baby.BCE continues to be a stock for widows and orphans -- in other words, one of the safest high-yield dividend stocks. Brookfield Renewable Partners (BEP)The second of two Brookfield picks, you might think I have a thing for the Brookfield group of companies; and, you'd be right. Brookfield Renewable Partners (NYSE:BEP) is the renewable energy arm of Brookfield Asset Management, who own 60% of the company. Source: Shutterstock Of the seven high-yield dividend stocks on this list, BEP has the most risk and reward of the bunch. On February 8, the company announced its Q4 results. On the top line, it had $3.0 billion in revenue, 13.6% higher than a year earlier. On the bottom line, it had $403 million in net income, almost eight times higher than in 2017. On a cash flow basis, its funds from operations (FFO) increased by 16.4% to $676 million. So, where's the risk, you might be asking? Well, renewable energy projects aren't cheap. * 10 Generation Z Stocks to Buy Long In 2018, Brookfield finished the year with $10.7 billion in corporate and non-recourse debt. That debt comes with $6.5 billion in interest payments over the life of the obligations, 61% of which is due within five years.That said, all Brookfield companies bring to the table a level of conservatism to their investment practices, ensuring that your 5.53% dividend is most certainly money in the bank. Ford (F)Ford (NYSE:F) is currently yielding 6.3%, a mouth-watering number for any dividend investor. However, as anyone who follows the car company, an investment in the Detroit-based business comes with more than its fair share of risk.One of the risks is the company's CEO, Jim Hackett. I'm sure he's a fine man, but I've said many times in the past that he's the wrong person for the job.I argue that someone along the lines of General Motors' (NYSE:GM) CEO Mary Barra is what is needed to revive Ford glory. Ford Executive Chairman Bill Ford feels I'm 100% wrong about Hackett."I think the ability to hold the now, the near and the far all together at one time is something you don't always see in executives. And Jim (Hackett) has that," Ford told Reuters on the sidelines of the CERAWeek energy conference in Houston. "We're changing a lot. And change is difficult."It sure is. That said, I do believe if you're going to buy a stock under $10, Ford is the one to buy because it's not going out of business anytime soon despite the lack of innovation. As of this writing Will Ashworth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Cloud Stocks to Buy on Overcast Days * 6 Stable Stocks Worth Buying for Protection * 5 Active Vanguard Funds That You Have to Own The post 7 Winning High-Yield Dividend Stocks With Payouts Over 5% appeared first on InvestorPlace.

  • Brookfield Property Partners LP (BPY) Q2 2019 Earnings Call Transcript
    Motley Fool

    Brookfield Property Partners LP (BPY) Q2 2019 Earnings Call Transcript

    BPY earnings call for the period ending June 30, 2019.

  • Thomson Reuters StreetEvents

    Edited Transcript of BPY earnings conference call or presentation 2-Aug-19 3:00pm GMT

    Q2 2019 Brookfield Property Partners LP Earnings Call

  • GlobeNewswire

    Brookfield Property Partners Reports Second Quarter 2019 Results

    All dollar references are in U.S. dollars, unless noted otherwise. BROOKFIELD NEWS, Aug. 02, 2019 -- Brookfield Property Partners L.P. (NASDAQ: BPY; NASDAQ: BPR; TSX: BPY.UN).

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    The 10 Biggest MLP Stocks

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  • GlobeNewswire

    Brookfield Property Partners to Hold Conference Call & Webcast of Second Quarter 2019 Financial Results Friday, August 2, 2019 at 11:00 AM (ET)

    BROOKFIELD NEWS, July 02, 2019 -- Brookfield Property Partners L.P. (NASDAQ: BPY, TSX: BPY.UN) announced today that its second quarter 2019 financial results will be released.

  • Moody's

    BB-UBS Trust 2012-SHOW -- Moody's affirms seven CMBS classes of BB-UBS 2012-SHOW

    For ratings issued on a support provider, this announcement provides certain regulatory disclosures in relation to the credit rating action on the support provider and in relation to each particular credit rating action for securities that derive their credit ratings from the support provider's credit rating. For any affected securities or rated entities receiving direct credit support from the primary entity(ies) of this credit rating action, and whose ratings may change as a result of this credit rating action, the associated regulatory disclosures will be those of the guarantor entity. Regulatory disclosures contained in this press release apply to the credit rating and, if applicable, the related rating outlook or rating review.

  • TheStreet.com

    Green Growth to Open More Than 70 CBD Shops at Brookfield Properties Malls

    The Toronto-based company said it will have roughly 280 locations by the end of the year. Currently, there are seven GGB shops within the Brookfield Properties' portfolio. "Brookfield Properties operates some of the most exciting and visited malls in the country, and we are thrilled to introduce our CBD shops to their centers," Peter Horvath, CEO of Green Growth Brands, said in a statement.

  • Moody's

    Brookfield Property REIT Inc. -- Moody's announces completion of a periodic review of ratings of Brookfield Property REIT Inc.

    Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Brookfield Property REIT Inc. New York, June 10, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Brookfield Property REIT Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.

  • Is Brookfield Property Partners a Buy?
    Motley Fool

    Is Brookfield Property Partners a Buy?

    This globe-spanning REIT pays a chunky dividend, but potential investors should be aware of a caveat or two.

  • Thomson Reuters StreetEvents

    Edited Transcript of BPY earnings conference call or presentation 6-May-19 3:00pm GMT

    Q1 2019 Brookfield Property Partners LP Earnings Call

  • Brookfield Property Partners LP (BPY) Q1 2019 Earnings Call Transcript
    Motley Fool

    Brookfield Property Partners LP (BPY) Q1 2019 Earnings Call Transcript

    BPY earnings call for the period ending March 31, 2019.

  • Associated Press

    Brookfield Property: 1Q Earnings Snapshot

    On a per-share basis, the Hamilton, Bermuda-based company said it had net income of 32 cents. The real estate company posted revenue of $1.5 billion in the period. Brookfield Property shares have risen ...

  • GlobeNewswire

    Brookfield Property Partners Reports First Quarter 2019 Results

    All dollar references are in U.S. dollars, unless noted otherwise. BROOKFIELD NEWS, May 06, 2019 -- Brookfield Property Partners L.P. (NASDAQ: BPY; NASDAQ: BPR; TSX: BPY.UN).

  • GlobeNewswire

    Brookfield Property REIT Inc. Declares Quarterly Dividends

    BROOKFIELD NEWS, May 06, 2019 -- Brookfield Property REIT Inc. (NASDAQ: BPR) announced today that its Board of Directors has declared a quarterly dividend of $0.33 per share.

  • Moody's

    Brookfield Property REIT Inc. -- Moody's rates Brookfield Property REIT's secured note at Ba3, affirms ratings, and assigns SGL-3 liquidity rating; rating outlook stable

    Moody's Investors Service has assigned a Ba3 rating to Brookfield Property REIT Inc.'s (BPR) proposed $750 million senior secured note due 2026 to be issued by BPR and its subsidiaries. The new issue proceeds will be used to repay the outstanding balance on the revolving credit facility and term loans.

  • Hedge Funds Bailed Out of Brookfield Property Partners (BPY) At The Wrong Time
    Insider Monkey

    Hedge Funds Bailed Out of Brookfield Property Partners (BPY) At The Wrong Time

    Many investors, including Paul Tudor Jones or Stan Druckenmiller, have been saying before the Q4 market crash that the stock market is overvalued due to a low interest rate environment that leads to companies swapping their equity for debt and focusing mostly on short-term performance such as beating the quarterly earnings estimates. In the fourth […]

  • Thasos 2019 Retail REIT Performance Update Finds Westfield and Urstadt Biddle Atop Industry Performance Rankings
    PR Newswire

    Thasos 2019 Retail REIT Performance Update Finds Westfield and Urstadt Biddle Atop Industry Performance Rankings

    Issued Just Weeks Ahead of 1Q Earnings Reports for U.S. Shopping Mall REITs, In-Depth Report Shows Volatile Activity Since 'Retail Apocalypse' New Performance Update Uses Unique 'Thasos Trade Area' Tool ...

  • GlobeNewswire

    Brookfield Property Partners to Hold Conference Call & Webcast of First Quarter 2019 Financial Results Monday, May 6, 2019 at 11:00 am (ET)

    BROOKFIELD NEWS, April 08, 2019 -- Brookfield Property Partners L.P. (NASDAQ: BPY, TSX: BPY.UN) announced today that its first quarter 2019 financial results will be released.