Brookfield Property Partners (NASDAQ:BPYPN) Shares Up 1.2% – Should You Buy?

Brookfield Property Partners L.P. (NASDAQ:BPYPNGet Free Report) shot up 1.2% on Friday . The stock traded as high as $13.75 and last traded at $13.7750. 4,920 shares were traded during trading, a decline of 67% from the average session volume of 14,691 shares. The stock had previously closed at $13.61.

Brookfield Property Partners Stock Performance

The firm has a 50 day moving average of $13.72 and a two-hundred day moving average of $13.41.

Brookfield Property Partners Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Monday, December 1st will be given a dividend of $0.3594 per share. This represents a $1.44 annualized dividend and a dividend yield of 10.4%. The ex-dividend date is Monday, December 1st.

About Brookfield Property Partners

(Get Free Report)

Brookfield Property Partners, through Brookfield Property Partners L.P. and its subsidiary Brookfield Property REIT Inc, is one of the world’s premier real estate companies, with approximately $88 billion in total assets. We own and operate iconic properties in the world’s major markets, and our global portfolio includes office, retail, multifamily, logistics, hospitality, triple net lease, manufactured housing and student housing.

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