Brookfield Property Preferred L.P. (NASDAQ:BPYPM – Get Free Report) dropped 1.1% during trading on Tuesday . The company traded as low as $16.18 and last traded at $16.27. Approximately 35,346 shares traded hands during mid-day trading, a decline of 22% from the average daily volume of 45,263 shares. The stock had previously closed at $16.44.
Brookfield Property Preferred Price Performance
The firm’s 50 day simple moving average is $17.44 and its 200-day simple moving average is $16.13.
Brookfield Property Preferred Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Monday, December 2nd will be given a $0.3906 dividend. This represents a $1.56 annualized dividend and a yield of 9.55%. The ex-dividend date is Monday, December 2nd.
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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