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Brookfield Properties Corporation is a privately owned real estate investment firm. The firm engages in the ownership, development, and management of premier commercial properties and also invests in core-plus office buildings. It also provides ancillary real estate service businesses, such as tenant service and amenities. The firm invests in the real estate markets of the United States with a focus on North American cities, including Seattle, San Francisco, Los Angeles, Denver, Houston, New York, Boston, and Washington, DC., and Minneapolis and Canadian cities such as Toronto and Calgary. It primarily invests in properties and development sites predominantly office buildings. It was formerly known as Carena-Bancorp Holdings, Inc. and changed its name to Le Holding Carena-Bancorp Inc. in 1978. The company further changed its name to Carena-Bancorp, Inc. in 1985; to Carena Developments Limited in 1989; and to Brookfield Properties Corporation in 1996. Brookfield Properties was founded in 1923 and is based in New York, New York with an additional office in Toronto, Canada. As of March 31, 2014, Brookfield Office Properties Inc. operates as a subsidiary of Brookfield Property Partners L.P.

Brookfield Office Properties Dividend Announcement

• Brookfield Office Properties announced a quarterly dividend of C$0.40 per ordinary share which will be made payable on . Ex dividend date: 2024-09-16
• Brookfield Office Properties annual dividend for 2024 was C$1.19
• Brookfield Office Properties annual dividend for 2023 was C$1.59
• Brookfield Office Properties's trailing twelve-month (TTM) dividend yield is 13.46%
• Brookfield Office Properties's payout ratio for the trailing twelve months (TTM) is 21.41%
• Brookfield Office Properties's dividend growth over the last five years (2018-2023) was 4.30% year

Brookfield Office Properties Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-16C$0.40quarterly
2024-06-14C$0.40quarterly
2024-03-14C$0.40quarterly
2023-12-14C$0.40quarterly
2023-09-14C$0.40quarterly
2023-06-14C$0.40quarterly
2023-03-14C$0.40quarterly
2022-12-14C$0.30quarterly
2022-09-14C$0.30quarterly
2022-06-14C$0.30quarterly
2022-03-14C$0.30quarterly
2021-12-14C$0.30quarterly
2021-09-14C$0.30quarterly
2021-06-14C$0.30quarterly
2021-03-12C$0.30quarterly
2020-12-14C$0.30quarterly
2020-09-14C$0.30quarterly
2020-06-12C$0.30quarterly
2020-03-12C$0.30quarterly
2019-12-12C$0.30quarterly
2019-09-12C$0.30quarterly
2019-06-13C$0.30quarterly
2019-03-14C$0.30quarterly
2018-12-13C$0.30quarterly
2018-09-13C$0.30quarterly
2018-06-14C$0.30quarterly
2018-03-14C$0.38quarterly

Brookfield Office Properties Dividend per year

Brookfield Office Properties Dividend growth

Brookfield Office Properties Dividend Yield

Brookfield Office Properties current trailing twelve-month (TTM) dividend yield is 13.46%. Interested in purchasing Brookfield Office Properties stock? Use our calculator to estimate your expected dividend yield:

Brookfield Office Properties Financial Ratios

P/E ratio0.00
PEG ratio0.00
P/B ratio0.00
ROE15.22%
Payout ratio21.41%
Current ratio0.25
Quick ratio0.25
Cash Ratio0.07

Brookfield Office Properties Dividend FAQ

Does Brookfield Office Properties stock pay dividends?
Brookfield Office Properties does not currently pay dividends to its shareholders.
Has Brookfield Office Properties ever paid a dividend?
No, Brookfield Office Properties has no a history of paying dividends to its shareholders. Brookfield Office Properties is not known for its dividend payments.
Why doesn't Brookfield Office Properties pay dividends?
There are several potential reasons why Brookfield Office Properties would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Brookfield Office Properties ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Brookfield Office Properties has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Brookfield Office Properties a dividend aristocrat?
Brookfield Office Properties is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Brookfield Office Properties a dividend king?
Brookfield Office Properties is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Brookfield Office Properties a dividend stock?
No, Brookfield Office Properties is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Brookfield Office Properties stocks?
To buy Brookfield Office Properties you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Brookfield Office Properties stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.