Brookfield Property Partners L.P. (NASDAQ:BPYPO) to Issue $0.40 Quarterly Dividend

Brookfield Property Partners L.P. (NASDAQ:BPYPO) announced a quarterly dividend on Tuesday, February 3rd. Stockholders of record on Friday, February 27th will be given a dividend of 0.3984 per share on Tuesday, March 31st. This represents a c) annualized dividend and a dividend yield of 10.6%. The ex-dividend date is Friday, February 27th.

Brookfield Property Partners Price Performance

Shares of NASDAQ:BPYPO traded down $0.02 during trading on Wednesday, reaching $15.10. 22,356 shares of the company’s stock traded hands, compared to its average volume of 15,332. Brookfield Property Partners has a fifty-two week low of $13.01 and a fifty-two week high of $15.57. The company has a 50-day simple moving average of $14.68 and a 200-day simple moving average of $14.78.

Brookfield Property Partners Company Profile

Brookfield Property Partners (NASDAQ: BPYPO) is a global real estate investment and property management company sponsored by Brookfield Asset Management. Established in 2013, the firm acquires, develops and operates a diversified portfolio of income‐producing properties on behalf of the Brookfield group and its investment partners. The partnership structure allows institutional investors to participate directly in Brookfield’s real estate platform, while benefiting from its experience in asset management and capital deployment.

The company’s core activities span across principal real estate sectors, including office buildings, retail centers, multifamily residential communities, logistics warehouses and hospitality assets.