Brookfield Property Partners LP (TSE:BPY.UN) Announces Dividend Increase – $0.33 Per Share

Brookfield Property Partners LP (TSE:BPY.UN) (NYSE:BPY) announced a quarterly dividend on Thursday, November 28th, TickerTech reports. Investors of record on Tuesday, December 31st will be paid a dividend of 0.33 per share on Tuesday, December 31st. This represents a $1.32 annualized dividend and a yield of 5.13%. The ex-dividend date is Thursday, November 28th. This is a boost from Brookfield Property Partners’s previous quarterly dividend of $0.32.

TSE BPY.UN traded up C$0.18 during trading hours on Tuesday, hitting C$25.73. The company had a trading volume of 341,394 shares, compared to its average volume of 148,070. Brookfield Property Partners has a fifty-two week low of C$20.41 and a fifty-two week high of C$28.49. The company has a market capitalization of $11.36 billion and a price-to-earnings ratio of 18.22. The company has a debt-to-equity ratio of 126.02, a current ratio of 0.47 and a quick ratio of 0.23. The firm’s 50 day moving average is C$25.27 and its 200 day moving average is C$25.54.

About Brookfield Property Partners

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.

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Dividend History for Brookfield Property Partners (TSE:BPY.UN)

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