Brookfield Property Partners (NASDAQ:BPYPN) Trading 0.8% Higher – What’s Next?

Shares of Brookfield Property Partners L.P. (NASDAQ:BPYPN) were up 0.8% during mid-day trading on Thursday . The stock traded as high as $14.13 and last traded at $14.10. Approximately 25,256 shares traded hands during trading, an increase of 46% from the average daily volume of 17,282 shares. The stock had previously closed at $13.99.

Brookfield Property Partners Price Performance

The firm has a 50 day moving average of $13.87 and a two-hundred day moving average of $13.83.

Brookfield Property Partners Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 29th. Stockholders of record on Tuesday, September 1st will be issued a dividend of $0.3594 per share. The ex-dividend date is Tuesday, September 1st. This represents a $1.44 annualized dividend and a dividend yield of 10.2%.

Brookfield Property Partners Company Profile

Brookfield Property Partners L.P. (NASDAQ: BPYPN) is a global commercial real estate partnership sponsored by Brookfield Asset Management. The company acquires, develops and manages a diversified portfolio of income-generating property assets across the office, retail, multifamily residential, industrial logistics, hospitality and self-storage sectors. By leveraging Brookfield’s integrated platform, the partnership seeks to create value through active asset management, selective development and opportunistic acquisitions.

Originally launched in late 2013 as a spin-out of Brookfield’s property platform, the partnership combined Brookfield Office Properties and Brookfield Retail Properties into a single publicly traded vehicle.