Brookfield Property Preferred L.P. (NASDAQ:BPYPM – Get Free Report)’s stock price shot up 0.8% on Friday . The company traded as high as $18.11 and last traded at $17.90. 23,942 shares changed hands during trading, a decline of 55% from the average session volume of 52,817 shares. The stock had previously closed at $17.76.
Brookfield Property Preferred Stock Performance
The company’s 50-day simple moving average is $15.91 and its 200-day simple moving average is $15.00.
Brookfield Property Preferred Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Friday, September 27th. Investors of record on Tuesday, September 3rd will be given a $0.3906 dividend. This represents a $1.56 annualized dividend and a yield of 8.73%. The ex-dividend date of this dividend is Tuesday, September 3rd.
Brookfield Property Preferred Company Profile
Brookfield Property Partners LP invests in real estate. The Company owns, operates and invests in commercial properties. Brookfield Property Partners focuses on properties located in North America, Europe, Australia and Brazil.
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