Brookfield Property Preferred L.P. (NASDAQ:BPYPM – Get Free Report)’s stock price rose 2.8% during mid-day trading on Thursday . The company traded as high as $15.23 and last traded at $15.23. Approximately 12,955 shares traded hands during mid-day trading, a decline of 81% from the average daily volume of 66,943 shares. The stock had previously closed at $14.82.
Brookfield Property Preferred Stock Up 2.8 %
The stock’s fifty day simple moving average is $14.55 and its 200-day simple moving average is $13.95.
Brookfield Property Preferred Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Monday, June 3rd were issued a dividend of $0.3906 per share. The ex-dividend date was Monday, June 3rd. This represents a $1.56 annualized dividend and a dividend yield of 10.26%.
About Brookfield Property Preferred
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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