BRT Apartments Corp. Announces Quarterly Dividend

Rhea-AI Summary

BRT Apartments Corp. (NYSE: BRT) has declared a quarterly dividend of $0.22 per share on its common stock. This dividend is scheduled for payment on October 12, 2020 to shareholders recorded as of September 25, 2020. BRT operates as a real estate investment trust, owning and managing multi-family properties, either directly or through joint ventures. More detailed financial information can be accessed through their official website.

Positive

• Dividend declaration of $0.22 per share reflects company confidence.
• Scheduled payment date indicates consistent return for shareholders.

Negative

• None.

GREAT NECK, N.Y., Sept. 08, 2020 (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 per share.  The dividend is payable October 12, 2020 to stockholders of record on September 25, 2020.

About BRT Apartments Corp:

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

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 for BRT Apartments Corp. for Q3 2020?

The dividend amount is $0.22 per share.

When is the dividend for BRT Apartments Corp. payable?

The dividend is payable on October 12, 2020.

What is the record date for BRT Apartments Corp.'s dividend?

The record date for the dividend is September 25, 2020.

How often does BRT Apartments Corp. pay dividends?

BRT Apartments Corp. typically pays dividends quarterly.

Is the dividend from BRT Apartments Corp. sustainable?

The sustainability of the dividend depends on the company's ongoing financial performance and cash flow.