Brookfield Property Preferred L.P. (NASDAQ:BPYPM – Get Free Report) announced a quarterly dividend on Friday, January 31st,Wall Street Journal reports. Investors of record on Monday, March 3rd will be paid a dividend of 0.3906 per share on Monday, March 31st. This represents a $1.56 annualized dividend and a dividend yield of 10.10%. The ex-dividend date of this dividend is Monday, March 3rd.
Brookfield Property Preferred has raised its dividend payment by an average of 43.3% per year over the last three years.
Brookfield Property Preferred Stock Down 2.0 %
BPYPM stock opened at $15.47 on Friday. The stock’s 50 day simple moving average is $15.92 and its 200 day simple moving average is $16.45. Brookfield Property Preferred has a 12-month low of $12.78 and a 12-month high of $18.46.
About Brookfield Property Preferred
Brookfield Property Partners LP invests in real estate. The Company owns, operates and invests in commercial properties. Brookfield Property Partners focuses on properties located in North America, Europe, Australia and Brazil.
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