Brookfield Property Preferred L.P. (NASDAQ:BPYPM – Get Free Report) announced a quarterly dividend on Wednesday, August 5th. Stockholders of record on Tuesday, September 1st will be given a dividend of 0.3906 per share on Wednesday, September 30th. This represents a c) annualized dividend and a dividend yield of 9.5%. The ex-dividend date is Tuesday, September 1st.
Brookfield Property Preferred Stock Performance
Shares of NASDAQ BPYPM opened at $16.39 on Friday. Brookfield Property Preferred has a 52 week low of $15.00 and a 52 week high of $17.90. The stock’s fifty day moving average is $16.21 and its 200 day moving average is $16.29.
Brookfield Property Preferred Company Profile
Brookfield Property Preferred (NASDAQ:BPYPM) represents the Series M cumulative redeemable preferred units of Brookfield Property Partners L.P., a publicly traded real estate investment platform and subsidiary of Brookfield Asset Management. These preferred units confer a fixed quarterly dividend and hold priority over common equity distributions, offering investors a stable income profile backed by a diversified real estate portfolio.
Brookfield Property Partners acquires, develops, manages and renovates commercial real estate assets across a range of sectors, including office, retail, multifamily, industrial logistics, hospitality and data centers.
Recommended Stories
- Five stocks we like better than Brookfield Property Preferred
- Western Digital Stock Falls 12% Despite Beating Earnings Estimates
- One Comment on CVS’s Earnings Call Sent the Stock Tumbling
- Sandisk Just Delivered a Blowout Quarter—Here’s Why the Stock Is Falling
- 4 Oil and Gas ETF Plays as Prices Stay Sky-High
Receive News & Ratings for Brookfield Property Preferred Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brookfield Property Preferred and related companies with MarketBeat.com's FREE daily email newsletter.
