Brookfield Property Partners LP (TSE:BPY.UN) Declares Quarterly Dividend of $0.33

Brookfield Property Partners LP (TSE:BPY.UN) (NYSE:BPY) declared a quarterly dividend on Thursday, February 25th, TickerTech reports. Investors of record on Wednesday, March 31st will be paid a dividend of 0.3325 per share on Wednesday, March 31st. This represents a $1.33 annualized dividend and a dividend yield of 5.94%. The ex-dividend date is Thursday, February 25th.

Shares of BPY.UN opened at C$22.40 on Tuesday. The company has a debt-to-equity ratio of 138.16, a quick ratio of 1.30 and a current ratio of 1.40. The stock has a market cap of C$20.87 billion and a PE ratio of -8.84. The firm’s 50-day simple moving average is C$21.95 and its two-hundred day simple moving average is C$18.75. Brookfield Property Partners has a fifty-two week low of C$10.05 and a fifty-two week high of C$24.58.

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 commercial real estate companies, with approximately $87 billion in total assets. We are leading owners, operators and investors in commercial real estate, with a diversified portfolio of premier office and retail assets, as well as interests in multifamily, triple net lease, industrial, hospitality, self-storage, student housing and manufactured housing assets.

Further Reading: Benefits of owning preferred stock