Brookfield Property Partners (NASDAQ:BPYPO) Stock Price Up 1.5% – Here’s Why

Brookfield Property Partners L.P. (NASDAQ:BPYPO) shot up 1.5% during trading on Friday . The stock traded as high as $14.89 and last traded at $14.8150. 24,203 shares changed hands during trading, an increase of 67% from the average session volume of 14,454 shares. The stock had previously closed at $14.60.

Brookfield Property Partners Stock Performance

The stock’s 50-day simple moving average is $14.97 and its two-hundred day simple moving average is $14.79.

Brookfield Property Partners Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Monday, December 1st will be given a $0.3984 dividend. This represents a $1.59 dividend on an annualized basis and a yield of 10.8%. The ex-dividend date of this dividend is Monday, December 1st.

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.