Brookfield Property Partners L.P. (NASDAQ:BPYPN) Declares $0.36 Quarterly Dividend

Brookfield Property Partners L.P. (NASDAQ:BPYPN) declared a quarterly dividend on Tuesday, February 3rd. Investors of record on Friday, February 27th will be given a dividend of 0.3594 per share on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a yield of 10.4%. The ex-dividend date is Friday, February 27th.

Brookfield Property Partners Price Performance

NASDAQ BPYPN traded down $0.04 during trading on Wednesday, reaching $13.78. The company’s stock had a trading volume of 7,770 shares, compared to its average volume of 12,665. The business has a 50-day moving average price of $13.54 and a 200-day moving average price of $13.52. Brookfield Property Partners has a 1-year low of $11.81 and a 1-year high of $14.60.

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.