Brookfield Property REIT Inc. (NASDAQ:BPYU) Declares Dividend Increase – $0.33 Per Share

Brookfield Property REIT Inc. (NASDAQ:BPYU) announced a quarterly dividend on Tuesday, February 2nd, Zacks reports. Stockholders of record on Friday, February 26th will be given a dividend of 0.333 per share on Wednesday, March 31st. This represents a $1.33 annualized dividend and a dividend yield of 7.27%. The ex-dividend date of this dividend is Thursday, February 25th. This is a boost from Brookfield Property REIT’s previous quarterly dividend of $0.33.

Brookfield Property REIT stock opened at $18.32 on Tuesday. The firm has a 50-day moving average price of $17.59 and a 200-day moving average price of $14.78. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.05 and a current ratio of 0.05. Brookfield Property REIT has a 12-month low of $7.15 and a 12-month high of $18.78.

Brookfield Property REIT Company Profile

Brookfield Property REIT Inc (ÂBPYUÂ) is a subsidiary of Brookfield Property Partners L.P., (NASDAQ: BPY; TSX: BPY.UN) (ÂBPYÂ) one of the world's premier real estate companies, with approximately $88 billion in total assets. BPYU was created as a public security that is intended to offer economic equivalence to an investment in BPY in the form of a U.S.

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