Brookfield Property Preferred L.P. (BPYPM) to Issue Quarterly Dividend of $0.39 on December 31st

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

Brookfield Property Preferred Stock Performance

Shares of BPYPM opened at $16.71 on Friday. The business has a fifty day moving average of $17.54 and a 200 day moving average of $16.07. Brookfield Property Preferred has a 52-week low of $12.20 and a 52-week high of $18.46.

Brookfield Property Preferred Company Profile

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.