Brookfield Property Partners LP Plans Quarterly Dividend of $0.25 (BPY)
Brookfield Property Partners (NYSE:BPY) announced a quarterly dividend on Tuesday, August 12th, Analyst Ratings News reports. Stockholders of record on Friday, August 29th will be paid a dividend of 0.25 per share on Tuesday, September 30th. This represents a $1.00 annualized dividend and a dividend yield of 4.71%. The ex-dividend date is Wednesday, August 27th.
On the ratings front, analysts at Canaccord Genuity initiated coverage on shares of Brookfield Property Partners in a research note on Thursday, July 24th. They set a “buy” rating on the stock.
Shares of Brookfield Property Partners (NYSE:BPY) remained flat at $21.25 during trading on Tuesday. 341,202 shares of the company’s stock traded hands. Brookfield Property Partners has a 52-week low of $18.19 and a 52-week high of $21.40. The stock’s 50-day moving average is $20.68 and its 200-day moving average is $19.83. The company has a market cap of $4.258 billion and a price-to-earnings ratio of 7.12.
Brookfield Property Partners (NYSE:BPY) last announced its earnings results on Thursday, August 7th. The company reported $1.31 earnings per share (EPS) for the quarter.
Brookfield Property Partners L.P. is a commercial real estate owner, operator and investor operating globally.
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