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

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

Brookfield Property Partners Trading Down 0.4%

Shares of BPYPO stock traded down $0.06 during mid-day trading on Wednesday, reaching $15.05. The company’s stock had a trading volume of 23,733 shares, compared to its average volume of 15,472. The firm’s 50-day moving average is $14.68 and its two-hundred day moving average is $14.78. Brookfield Property Partners has a 1-year low of $13.01 and a 1-year high of $15.57.

About Brookfield Property Partners

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.