BRT Apartments Corp. Announces Quarterly Dividend
BRT Apartments Corp (NYSE:BRT) has declared a quarterly dividend of $0.25 per share, payable on October 2, 2024, to stockholders of record as of September 24, 2024. The company estimates that if it doesn't sell any multi-family properties this year, substantially all of its 2024 dividends will likely be treated as a return of capital for federal income tax purposes. This announcement demonstrates BRT's commitment to providing regular returns to its shareholders, while also offering potential tax benefits.
BRT Apartments Corp (NYSE:BRT) ha annunciato un dividendo trimestrale di 0,25 dollari per azione, pagabile il 2 ottobre 2024, agli azionisti registrati al 24 settembre 2024. L'azienda stima che se non venderà alcuna proprietà multifamiliare quest'anno, la maggior parte dei dividendi del 2024 sarà probabilmente considerata un ritorno di capitale ai fini fiscali federali. Questo annuncio dimostra l'impegno di BRT nel fornire rendimenti regolari ai propri azionisti, offrendo al contempo potenziali vantaggi fiscali.
BRT Apartments Corp (NYSE:BRT) ha declarado un dividendo trimestral de $0.25 por acción, pagadero el 2 de octubre de 2024, a los accionistas registrados a partir del 24 de septiembre de 2024. La compañía estima que si no vende propiedades multifamiliares este año, prácticamente todos sus dividendos de 2024 serán probablemente tratados como un retorno de capital para fines del impuesto federal sobre la renta. Este anuncio demuestra el compromiso de BRT de proporcionar rendimientos regulares a sus accionistas, al mismo tiempo que ofrece posibles beneficios fiscales.
BRT Apartments Corp (NYSE:BRT)는 분기 배당금으로 주당 0.25 달러를 2024년 10월 2일에 지급한다고 발표했습니다. 2024년 9월 24일 현재의 주주들에게 지급됩니다. 이 회사는 올해 다가구 부동산을 판매하지 않는다면, 2024년 배당금의 대부분이 연방 소득세 목적상 자본 환급으로 간주될 것이라고 추정하고 있습니다. 이 발표는 BRT가 주주에게 정기적인 수익을 제공하는 데 전념하고 있으며 잠재적인 세금 혜택도 제공하고 있음을 보여줍니다.
BRT Apartments Corp (NYSE:BRT) a déclaré un dividende trimestriel de 0,25 $ par action, payable le 2 octobre 2024, aux actionnaires enregistrés au 24 septembre 2024. La société estime que si elle ne vend aucune propriété multifamiliale cette année, la quasi-totalité de ses dividendes de 2024 sera probablement considérée comme un retour de capital aux fins de l'impôt fédéral sur le revenu. Cette annonce démontre l'engagement de BRT à fournir des rendements réguliers à ses actionnaires, tout en offrant également des avantages fiscaux potentiels.
BRT Apartments Corp (NYSE:BRT) hat eine vierteljährliche Dividende von 0,25 USD pro Aktie erklärt, die am 2. Oktober 2024 an die Aktionäre, die am 24. September 2024 registriert sind, ausgezahlt wird. Das Unternehmen schätzt, dass, falls es in diesem Jahr keine Mehrfamilienobjekte verkauft, nahezu alle Dividenden für 2024 voraussichtlich als Kapitalrückzahlung für bundessteuerliche Zwecke behandelt werden. Diese Ankündigung zeigt das Engagement von BRT, seinen Aktionären regelmäßige Renditen zu bieten und gleichzeitig potenzielle Steuerleistungen anzubieten.
- Consistent quarterly dividend of $0.25 per share maintained
- Potential tax advantage as dividends may be treated as return of capital
- Dividend payout may impact company's cash reserves
- Lack of property sales could affect future dividend sustainability
GREAT NECK, N.Y., Sept. 10, 2024 (GLOBE NEWSWIRE) -- BRT Apartments Corp. (NYSE:BRT) announced that its Board of Directors declared a quarterly dividend of
About BRT Apartments Corp:
BRT is a real estate investment trust that owns, operates and, to a lesser extent, develops 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 the reports BRT files 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
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