BPO Properties Ltd. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, revenue was $85.4 million against $84.6 million a year ago. Net operating income was $49.6 million against $49.2 million a year ago. Net income and comprehensive income was $13.4 million or $0.43 per common share against $15.4 million or $0.43 per common share a year ago. FFO was $26.4 million against $38.6 million a year ago. Funds available to common shareholders were $25.3 million or $0.89 per common share against $35.3 million or $1.24 per common share a year ago. For the nine months, revenue was $257.5 million against $254.7 million a year ago. Net operating income was $149.7 million against $145.7 million a year ago. Net income and comprehensive income was $44.7 million or $1.42 per common share against $50.6 million or $1.38 per common share a year ago. FFO was $88.9 million against $114.6 million a year ago. Funds available to common shareholders were $84.4 million or $2.98 per common share against $103.3 million or $3.62 per common share a year ago. The Board of Directors of the company declared a quarterly common share dividend of $0.30 per share (on a pre-split basis), payable on December 30, 2009 to shareholders of record at the close of business on December 1, 2009. This dividend payment will be made one day prior to the stock split, which will be payable on December 31, 2009 to shareholders of record at the close of business on December 8, 2009. Subsequent dividend payments will be adjusted to reflect the impact of the stock split. The Board of Directors also declared dividends on series G, J and M preferred shares, payable February 14, 2010 to shareholders of record at the close of business on January 29, 2010, for the period November 14, 2009 to February 13, 2010. The dividend per preferred share is to be computed in accordance with the terms of the shares.

BPO Properties Ltd., Q3 2009 Earnings Call, Nov-04 2009

BPO Properties Ltd. expected to Report Fiscal Year 2009 Results on February 8, 2010. This event was calculated by Capital IQ (Created on October 1, 2009).