Brookfield Property Partners L.P. (NASDAQ:BPYPN – Get Free Report) shot up 1.4% during trading on Wednesday . The stock traded as high as $14.05 and last traded at $14.02. Approximately 51,365 shares traded hands during mid-day trading, an increase of 180% from the average session volume of 18,318 shares. The stock had previously closed at $13.82.
Brookfield Property Partners Stock Performance
The business’s 50 day moving average price is $13.84 and its 200 day moving average price is $13.75.
Brookfield Property Partners Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 1st were paid a dividend of $0.3594 per share. This represents a $1.44 annualized dividend and a yield of 10.4%. The ex-dividend date was Monday, June 1st.
About Brookfield Property Partners
Brookfield Property Partners L.P. (NASDAQ: BPYPN) is a global commercial real estate partnership sponsored by Brookfield Asset Management. The company acquires, develops and manages a diversified portfolio of income-generating property assets across the office, retail, multifamily residential, industrial logistics, hospitality and self-storage sectors. By leveraging Brookfield’s integrated platform, the partnership seeks to create value through active asset management, selective development and opportunistic acquisitions.
Originally launched in late 2013 as a spin-out of Brookfield’s property platform, the partnership combined Brookfield Office Properties and Brookfield Retail Properties into a single publicly traded vehicle.
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