Brookfield Property Partners L.P. (NASDAQ:BPYPP) to Issue Quarterly Dividend of $0.41

Brookfield Property Partners L.P. (NASDAQ:BPYPP) declared a quarterly dividend on Tuesday, May 7th, Wall Street Journal reports. Investors of record on Monday, June 3rd will be paid a dividend of 0.4063 per share on Friday, June 28th. This represents a $1.63 annualized dividend and a yield of 11.35%. The ex-dividend date is Monday, June 3rd.

Brookfield Property Partners Stock Down 5.9 %

NASDAQ:BPYPP traded down $0.89 during midday trading on Tuesday, hitting $14.32. The company had a trading volume of 64,067 shares, compared to its average volume of 31,457. Brookfield Property Partners has a 52-week low of $11.09 and a 52-week high of $15.99. The stock’s fifty day moving average price is $14.51 and its 200-day moving average price is $13.63.

About Brookfield Property Partners

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.