Brookfield Property REIT Inc. Declares Quarterly Dividends
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
BROOKFIELD NEWS, Nov. 06, 2020 - Brookfield Property REIT (NASDAQ: BPYU) has declared a quarterly dividend of $0.3325 per share on Class A Stock, payable on December 31, 2020 to shareholders on record as of November 30, 2020. Additionally, a quarterly dividend of $0.39844 per share on the 6.375% Series A Cumulative Redeemable Preferred Stock (NASDAQ: BPYUP) will be paid on January 1, 2021 to stockholders of record as of December 15, 2020. Brookfield Property REIT is part of Brookfield Property Partners, managing a diversified portfolio valued at approximately $88 billion.
Positive
- Quarterly dividend of $0.3325 per share provides income for shareholders.
- Strong financial backing with approximately $88 billion in total assets.
Negative
- None.
Details
News Market Reaction – BPYU
The recorded move for BPYU in the trading session of this news was -5.41%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
BROOKFIELD NEWS, Nov. 06, 2020 (GLOBE NEWSWIRE) -- Brookfield Property REIT Inc. (NASDAQ: BPYU) announced today that its Board of Directors has declared a quarterly dividend of
The Board of Directors has also declared a quarterly dividend on the
About Brookfield Property REIT Inc.
Brookfield Property REIT Inc. (“BPYU”) is a subsidiary of Brookfield Property Partners L.P., (NASDAQ: BPY; TSX: BPY.UN) (“BPY”) one of the world’s premier real estate companies, with approximately
Brookfield Property Partners 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, logistics, hospitality, self-storage, student housing and manufactured housing assets.
Further information is available at bpy.brookfield.com/bpyu.
Contact:
Matt Cherry
Senior Vice President, Investor Relations
Tel.: (212) 417-7488
Email: Matthew.Cherry@brookfield.com
FAQ
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