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

Brookfield Property Partners L.P. (NASDAQ:BPYPO) announced a quarterly dividend on Tuesday, November 12th,Wall Street Journal reports. Shareholders of record on Monday, December 2nd will be paid a dividend of 0.3984 per share on Tuesday, December 31st. This represents a $1.59 dividend on an annualized basis and a yield of 9.68%. The ex-dividend date is Monday, December 2nd.

Brookfield Property Partners Stock Down 1.7 %

Brookfield Property Partners stock traded down $0.29 during trading hours on Tuesday, hitting $16.47. 1,416 shares of the stock traded hands, compared to its average volume of 30,827. The firm’s 50 day moving average price is $15.88 and its 200-day moving average price is $14.40. Brookfield Property Partners has a 1 year low of $12.31 and a 1 year high of $17.20.

About Brookfield Property Partners

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.