Brookfield Property Partners (NASDAQ:BPYPN) Trading Up 1.2% – Should You Buy?

Shares of Brookfield Property Partners L.P. (NASDAQ:BPYPN) rose 1.2% on Friday . The company traded as high as $13.75 and last traded at $13.7750. Approximately 4,920 shares changed hands during trading, a decline of 67% from the average daily volume of 14,691 shares. The stock had previously closed at $13.61.

Brookfield Property Partners Price Performance

The company has a 50-day simple moving average of $13.72 and a 200-day simple moving average of $13.41.

Brookfield Property Partners Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Monday, December 1st will be given a dividend of $0.3594 per share. The ex-dividend date is Monday, December 1st. This represents a $1.44 annualized dividend and a yield of 10.4%.

Brookfield Property Partners Company Profile

Brookfield Property Partners, through Brookfield Property Partners L.P. and its subsidiary Brookfield Property REIT Inc, is one of the world’s premier real estate companies, with approximately $88 billion in total assets. We own and operate iconic properties in the world’s major markets, and our global portfolio includes office, retail, multifamily, logistics, hospitality, triple net lease, manufactured housing and student housing.