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, November 12th,Wall Street Journal reports. Stockholders of record on Monday, December 2nd will be given a dividend of 0.3984 per share on Tuesday, December 31st. This represents a $1.59 annualized dividend and a dividend yield of 9.69%. The ex-dividend date is Monday, December 2nd.

Brookfield Property Partners Stock Performance

Shares of NASDAQ:BPYPO traded down $0.02 during midday trading on Wednesday, hitting $16.45. 308 shares of the stock were exchanged, compared to its average volume of 30,687. The business’s 50-day moving average price is $15.94 and its 200 day moving average price is $14.42. Brookfield Property Partners has a 12 month low of $12.31 and a 12 month high of $17.20.

Brookfield Property Partners Company Profile

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.