Brookfield Property Preferred L.P. (NASDAQ:BPYPM – Get Free Report) declared a quarterly dividend on Monday, July 27th. Investors of record on Tuesday, September 1st will be given a dividend of 0.3906 per share on Tuesday, September 29th. This represents a c) annualized dividend and a yield of 9.3%. The ex-dividend date of this dividend is Tuesday, September 1st.
Brookfield Property Preferred Price Performance
Shares of Brookfield Property Preferred stock opened at $16.72 on Friday. The stock has a 50-day moving average price of $16.08 and a 200 day moving average price of $16.35. Brookfield Property Preferred has a 1 year low of $15.00 and a 1 year high of $17.90.
Brookfield Property Preferred Company Profile
Brookfield Property Preferred (NASDAQ:BPYPM) represents the Series M cumulative redeemable preferred units of Brookfield Property Partners L.P., a publicly traded real estate investment platform and subsidiary of Brookfield Asset Management. These preferred units confer a fixed quarterly dividend and hold priority over common equity distributions, offering investors a stable income profile backed by a diversified real estate portfolio.
Brookfield Property Partners acquires, develops, manages and renovates commercial real estate assets across a range of sectors, including office, retail, multifamily, industrial logistics, hospitality and data centers.
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