BRT Apartments Corp. Announces Dividend

Rhea-AI Summary

BRT Apartments Corp. (NYSE:BRT) has announced a quarterly dividend of $0.22 per share, which will be payable on April 7, 2021 to stockholders of record as of March 24, 2021. This decision reflects the company's ongoing commitment to returning value to its shareholders while maintaining a robust performance in its multi-family property investments.

Positive

• Quarterly dividend of $0.22 per share indicates strong cash flow and commitment to shareholders.
• Dividend payment scheduled for April 7, 2021, demonstrates regular income potential for investors.

Negative

• None.

GREAT NECK, N.Y., March 11, 2021 (GLOBE NEWSWIRE) -- BRT Apartments Corp. (NYSE:BRT) announced that its Board of Directors declared a quarterly dividend on the Company’s common stock of $0.22. The dividend is payable April 7, 2021 to stockholders of record on March 24, 2021.

About BRT Apartments Corp:

BRT is a real estate investment trust that directly, or through joint ventures, owns and operates multi-family properties.  Additional information on BRT, its operations and portfolio, is available at BRT’s website at: http://brtapartments.com. Interested parties are encouraged to review BRT’s Form 10-K for the year ended December 31, 2019 and its other reports filed thereafter with the Securities and Exchange Commission for additional information.

Contact:  Investor Relations

BRT APARTMENTS CORP.
60 Cutter Mill Road
Suite 303
Great Neck, New York 11021
Telephone (516) 466-3100
Telecopier (516) 466-3132
http://brtapartments.com

FAQ

What is the dividend amount declared by BRT Apartments Corp?

BRT Apartments Corp. declared a quarterly dividend of $0.22 per share.

When is the dividend payable to shareholders?

The dividend is payable on April 7, 2021.

What is the record date for BRT's dividend?

The record date for the dividend is March 24, 2021.

How often does BRT Apartments Corp pay dividends?

BRT Apartments Corp typically pays dividends quarterly.