BPYPP declares a $0.4063 per share dividend, yielding 10.05%, payable September 30 to record-date holders.
Brookfield Property Partners L.P. announced a $0.4063 per share quarterly dividend for its 6.50% Class A Cumulative Redeemable Perpetual Preferred Units (BPYPP). The dividend yields 10.05% based on current pricing.
The payment will be made on September 30 to shareholders of record as of September 1, with an ex-dividend date of September 1. The company’s prior dividend was consistent with this payout structure.
No immediate market reaction was disclosed in the announcement.