BPY's Preferred Units, Series 1 Crosses Above 10% Yield Territory
In trading on Tuesday, shares of BPY's 6.50% Class A Cumulative Redeemable Perpetual Preferred Units, Series 1 (Symbol: BPYPP) were yielding above the 10% mark based on its quarterly dividend (annualized to $1.625), with shares changing hands as low as $16.22 on the day. This
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