Brookfield Property Partners L.P. (NASDAQ:BPYPO) Plans $0.40 Quarterly Dividend

Brookfield Property Partners L.P. (NASDAQ:BPYPO) announced a quarterly dividend on Thursday, April 30th. Investors of record on Monday, June 1st will be paid a dividend of 0.3984 per share on Tuesday, June 30th. This represents a c) annualized dividend and a yield of 10.4%. The ex-dividend date of this dividend is Monday, June 1st.

Brookfield Property Partners Trading Up 0.4%

BPYPO stock traded up $0.06 during mid-day trading on Friday, hitting $15.39. 1,327 shares of the company were exchanged, compared to its average volume of 26,804. The business has a fifty day simple moving average of $15.08 and a 200-day simple moving average of $14.92. Brookfield Property Partners has a 12-month low of $13.87 and a 12-month high of $16.26.

Brookfield Property Partners Company Profile

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.