Brookfield Property Partners L.P. (NASDAQ:BPYPN – Get Free Report) was down 0.2% during mid-day trading on Tuesday . The company traded as low as $13.26 and last traded at $13.27. Approximately 55,718 shares changed hands during trading, an increase of 220% from the average daily volume of 17,427 shares. The stock had previously closed at $13.30.
Brookfield Property Partners Price Performance
The stock’s 50 day simple moving average is $13.71 and its two-hundred day simple moving average is $13.65.
Brookfield Property Partners Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Friday, February 27th were paid a $0.3594 dividend. The ex-dividend date was Friday, February 27th. This represents a $1.44 annualized dividend and a yield of 10.8%.
Brookfield Property Partners Company Profile
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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