Brookfield Property Preferred L.P. (NASDAQ:BPYPM) Plans Quarterly Dividend of $0.39

Brookfield Property Preferred L.P. (NASDAQ:BPYPM) announced a quarterly dividend on Tuesday, November 5th,Wall Street Journal reports. Shareholders of record on Monday, December 2nd will be given a dividend of 0.3906 per share on Tuesday, December 31st. This represents a $1.56 dividend on an annualized basis and a dividend yield of 9.35%. The ex-dividend date is Monday, December 2nd.

Brookfield Property Preferred Trading Down 1.7 %

NASDAQ BPYPM opened at $16.71 on Friday. Brookfield Property Preferred has a 12 month low of $12.20 and a 12 month high of $18.46. The company’s 50 day simple moving average is $17.54 and its 200 day simple moving average is $16.09.

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.