Brookfield Office Properties Class AAA Preference Shares, Series T About To Put More Money In Your Pocket

On 12/11/13, Brookfield Office Properties Inc's Class AAA Preference Shares, Series T (Toronto: BPO-PRT) will trade ex-dividend, for its quarterly dividend of $0.2875, payable on 12/31/13. As a percentage of BPO.PRT's recent share price of $24.10, this dividend works out to approximately 1.19%, so look for shares of BPO.PRT to trade 1.19% lower -- all else being equal -- when BPO.PRT shares open for trading on 12/11/13. On an annualized basis, the current yield is approximately 4.77%.