Brookfield Property Partners (NASDAQ:BPYPP) Stock Price Up 2% – Still a Buy?

Shares of Brookfield Property Partners L.P. (NASDAQ:BPYPPGet Free Report) were up 2% during trading on Friday . The company traded as high as $15.47 and last traded at $15.3050. Approximately 21,374 shares changed hands during mid-day trading, an increase of 8% from the average daily volume of 19,767 shares. The stock had previously closed at $15.01.

Brookfield Property Partners Price Performance

The business’s 50-day moving average price is $15.14 and its 200 day moving average price is $14.96.

Brookfield Property Partners Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Monday, December 1st will be issued a dividend of $0.4063 per share. The ex-dividend date is Monday, December 1st. This represents a $1.63 dividend on an annualized basis and a yield of 10.6%.

About Brookfield Property Partners

(Get Free Report)

Brookfield Property Partners, through Brookfield Property Partners L.P. and its subsidiary Brookfield Property REIT Inc, is one of the world's premier real estate companies, with approximately $88 billion in total assets. We own and operate iconic properties in the world's major markets, and our global portfolio includes office, retail, multifamily, logistics, hospitality, triple net lease, manufactured housing and student housing.

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