Brookfield Property Preferred L.P. (NASDAQ:BPYPM – Get Free Report) announced a quarterly dividend on Tuesday, April 28th, NASDAQ Dividends reports. Shareholders of record on Monday, June 1st will be given a dividend of 0.3906 per share on Tuesday, June 30th. This represents a c) annualized dividend and a yield of 9.0%. The ex-dividend date is Monday, June 1st.
Brookfield Property Preferred Stock Performance
NASDAQ BPYPM opened at $17.45 on Friday. The business has a fifty day moving average price of $16.70 and a two-hundred day moving average price of $16.07. Brookfield Property Preferred has a fifty-two week low of $14.89 and a fifty-two week high of $17.90.
About Brookfield Property Preferred
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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