Brookfield Property Partners L.P. (BPY) Raises Quarterly Dividend 5.7% to $0.28; 5.3% Yield

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Go back to Brookfield Property Partners L.P. (BPY) Raises Quarterly Dividend 5.7% to $0.28; 5.3% Yield

Brookfield Property Partners Reports 2015 Fourth Quarter & Full-Year Results

February 5, 2016 6:50 AM EST

BROOKFIELD, NEWS -- (Marketwired) -- 02/05/16 -- Brookfield Property Partners L.P. (NYSE: BPY) (TSX: BPY.UN) today announced financial results for the quarter and year ended December 31, 2015.

Financial Results ---------------------------------------------------------------------------- Three months ended Year ended December 31, December 31, (US$ millions except per unit amounts) 2015 2014 2015 2014 ---------------------------------------------------------------------------- Company FFO (1) $ 242 190 839 739 Net income attributable to unitholders (1) (2) $ 863 1,492 2,915 3,734 Company FFO per unit (3) $ 0.34 0.27 1.18 1.11 Net income attributable to unitholders per unit (3) $ 1.21 2.09 4.09 5.59 ---------------------------------------------------------------------------- (1) See "Basis of Presentation" and "Reconciliation of Non-IFRS Measures" below in this news release for the definition and components. (2) Unitholders refers to holders of... More