Brookfield Property Partners (NASDAQ:BPYPO) Trading Down 1.4% – Time to Sell?

Brookfield Property Partners L.P. (NASDAQ:BPYPO)’s stock price dropped 1.4% on Monday . The company traded as low as $14.19 and last traded at $14.41. Approximately 12,182 shares traded hands during trading, a decline of 57% from the average daily volume of 28,486 shares. The stock had previously closed at $14.62.

Brookfield Property Partners Stock Up 0.1 %

The firm’s fifty day moving average price is $15.93 and its 200-day moving average price is $14.77.

Brookfield Property Partners Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Monday, December 2nd will be given a $0.3984 dividend. This represents a $1.59 dividend on an annualized basis and a dividend yield of 11.04%. The ex-dividend date of this dividend is Monday, December 2nd.

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.