Shares of Brookfield Property Partners L.P. (NASDAQ:BPYPP – Get Free Report) rose 0.5% during trading on Thursday . The company traded as high as $15.25 and last traded at $15.19. Approximately 17,654 shares changed hands during trading, a decline of 22% from the average daily volume of 22,776 shares. The stock had previously closed at $15.11.
Brookfield Property Partners Price Performance
The firm has a 50-day moving average price of $15.65 and a 200 day moving average price of $15.24.
Brookfield Property Partners Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, February 27th will be issued a $0.4063 dividend. This represents a $1.63 dividend on an annualized basis and a yield of 10.7%. The ex-dividend date of this dividend is Friday, February 27th.
Brookfield Property Partners Company Profile
Brookfield Property Partners (NASDAQ:BPYPP) is a global real estate company that owns, operates and invests in high-quality property portfolios across core sectors including office, retail, multifamily residential, logistics and hospitality. As part of Brookfield Asset Management’s broader real estate platform, the partnership seeks to acquire and manage assets offering long-term income generation and value-enhancement potential. Its investment approach combines direct ownership of properties with strategic joint ventures and operating businesses in key markets worldwide.
Since its initial public offering in 2013, Brookfield Property Partners has expanded through disciplined capital deployment, focusing on both stabilized and value-add opportunities.
Further Reading
Receive News & Ratings for Brookfield Property Partners Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brookfield Property Partners and related companies with MarketBeat.com's FREE daily email newsletter.
