Brookfield Property Preferred L.P. (BPYPM) To Go Ex-Dividend on February 27th

Brookfield Property Preferred L.P. (NASDAQ:BPYPM) declared a quarterly dividend on Tuesday, February 3rd. Stockholders of record on Friday, February 27th will be given a dividend of 0.3906 per share on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a dividend yield of 9.9%. The ex-dividend date of this dividend is Friday, February 27th.

Brookfield Property Preferred Stock Up 0.1%

Shares of NASDAQ:BPYPM opened at $15.86 on Thursday. Brookfield Property Preferred has a fifty-two week low of $13.25 and a fifty-two week high of $16.65. The firm has a 50-day simple moving average of $15.61 and a 200 day simple moving average of $15.74.

About Brookfield Property Preferred

Brookfield Property Preferred (NASDAQ:BPYPM) represents the Series M cumulative redeemable preferred units of Brookfield Property Partners L.P., a publicly traded real estate investment platform and subsidiary of Brookfield Asset Management. These preferred units confer a fixed quarterly dividend and hold priority over common equity distributions, offering investors a stable income profile backed by a diversified real estate portfolio.

Brookfield Property Partners acquires, develops, manages and renovates commercial real estate assets across a range of sectors, including office, retail, multifamily, industrial logistics, hospitality and data centers.