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BRT Apartments Corp. Declares First Quarter 2025 Dividend and Announces Increase to Current Stock Repurchase Program

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BRT Apartments Corp (NYSE: BRT) has announced two significant corporate actions. The company declared a quarterly dividend of $0.25 per share, payable on April 4, 2025, to stockholders of record as of March 27, 2025. Additionally, the Board of Directors has enhanced the company's share repurchase program by extending it through December 2026 and increasing the repurchase authorization to $10 million.

BRT, a real estate investment trust, primarily focuses on owning and operating multi-family properties. As of December 31, 2024, the company's portfolio includes interests in 29 multi-family properties comprising 7,947 units across 11 states, along with preferred equity investments in two multi-family properties.

BRT Apartments Corp (NYSE: BRT) ha annunciato due importanti azioni aziendali. La società ha dichiarato un dividendo trimestrale di $0,25 per azione, pagabile il 4 aprile 2025, agli azionisti registrati al 27 marzo 2025. Inoltre, il Consiglio di Amministrazione ha potenziato il programma di riacquisto delle azioni dell'azienda estendendolo fino a dicembre 2026 e aumentando l'autorizzazione al riacquisto a $10 milioni.

BRT, un fondo di investimento immobiliare, si concentra principalmente sulla proprietà e gestione di immobili multifamiliari. Al 31 dicembre 2024, il portafoglio della società include interessi in 29 proprietà multifamiliari che comprendono 7.947 unità distribuite in 11 stati, insieme a investimenti in capitale preferenziale in due proprietà multifamiliari.

BRT Apartments Corp (NYSE: BRT) ha anunciado dos acciones corporativas significativas. La compañía declaró un dividendo trimestral de $0.25 por acción, que se pagará el 4 de abril de 2025, a los accionistas registrados hasta el 27 de marzo de 2025. Además, la Junta Directiva ha mejorado el programa de recompra de acciones de la compañía, extendiéndolo hasta diciembre de 2026 y aumentando la autorización de recompra a $10 millones.

BRT, un fideicomiso de inversión inmobiliaria, se centra principalmente en poseer y operar propiedades multifamiliares. Al 31 de diciembre de 2024, la cartera de la compañía incluye intereses en 29 propiedades multifamiliares que comprenden 7,947 unidades en 11 estados, junto con inversiones en capital preferente en dos propiedades multifamiliares.

BRT 아파트 주식회사 (NYSE: BRT)는 두 가지 중요한 기업 행동을 발표했습니다. 회사는 주당 $0.25의 분기 배당금을 선언했으며, 2025년 4월 4일에 2025년 3월 27일 기준 주주에게 지급됩니다. 또한 이사회는 회사의 자사주 매입 프로그램을 2026년 12월까지 연장하고 자사주 매입 승인을 $1000만으로 증가시켰습니다.

BRT는 부동산 투자 신탁으로, 주로 다가구 부동산의 소유 및 운영에 중점을 두고 있습니다. 2024년 12월 31일 기준으로 회사의 포트폴리오에는 11개 주에 걸쳐 7,947개 유닛을 포함하는 29개 다가구 부동산에 대한 지분이 있으며, 두 개의 다가구 부동산에 대한 우선주 투자도 포함되어 있습니다.

BRT Apartments Corp (NYSE: BRT) a annoncé deux actions corporatives significatives. La société a déclaré un dividende trimestriel de $0,25 par action, payable le 4 avril 2025, aux actionnaires enregistrés au 27 mars 2025. De plus, le Conseil d'Administration a renforcé le programme de rachat d'actions de l'entreprise en l'étendant jusqu'en décembre 2026 et en augmentant l'autorisation de rachat à $10 millions.

BRT, un fonds d'investissement immobilier, se concentre principalement sur la possession et l'exploitation de propriétés multifamiliales. Au 31 décembre 2024, le portefeuille de la société comprend des intérêts dans 29 propriétés multifamiliales représentant 7 947 unités réparties dans 11 États, ainsi que des investissements en capital préférentiel dans deux propriétés multifamiliales.

BRT Apartments Corp (NYSE: BRT) hat zwei bedeutende Unternehmensmaßnahmen angekündigt. Das Unternehmen hat eine vierteljährliche Dividende von $0,25 pro Aktie erklärt, die am 4. April 2025 an die Aktionäre ausgezahlt wird, die am 27. März 2025 im Aktienregister stehen. Darüber hinaus hat der Vorstand das Aktienrückkaufprogramm des Unternehmens verbessert, indem es bis Dezember 2026 verlängert und die Rückkaufgenehmigung auf $10 Millionen erhöht wurde.

BRT, ein Immobilieninvestmentfonds, konzentriert sich hauptsächlich auf den Besitz und Betrieb von Mehrfamilienhäusern. Zum 31. Dezember 2024 umfasst das Portfolio des Unternehmens Beteiligungen an 29 Mehrfamilienhäusern, die 7.947 Einheiten in 11 Bundesstaaten umfassen, sowie bevorzugte Eigenkapitalinvestitionen in zwei Mehrfamilienhäuser.

Positive
  • Extended share repurchase program through December 2026 with increased authorization to $10 million
  • Maintained quarterly dividend payment of $0.25 per share
  • Substantial portfolio of 7,947 units across 29 multi-family properties
Negative
  • None.

GREAT NECK, N.Y., March 11, 2025 (GLOBE NEWSWIRE) -- BRT APARTMENTS CORP. (NYSE: BRT) announced today that its Board of Directors declared a quarterly dividend of $0.25 per share. The dividend is payable April 4, 2025, to stockholders of record at the close of business on March 27, 2025. The Board of Directors also announced that it approved the extension of the Company’s share repurchase program through December 2026 and increased the value of the shares to be repurchased to $10 million.

BRT is a real estate investment trust that owns, operates, and, to a lesser extent, makes preferred equity investments in joint ventures that own multi-family properties. As of December 31, 2024, BRT owns or has interests in 29 multi-family properties with 7,947 units in 11 states and has preferred equity investments in two multi-family properties. For additional information on BRT’s operations, activities and properties, please visit its website at www.brtapartments.com.

Contact:

BRT APARTMENTS CORP.
60 Cutter Mill Road
Suite 303
Great Neck, New York 11021
Telephone: (516) 466-3100
Email: investors@BRTapartments.com
www.BRTapartments.com


FAQ

What is the new quarterly dividend amount announced by BRT Apartments for Q1 2025?

BRT Apartments announced a quarterly dividend of $0.25 per share, payable on April 4, 2025, to stockholders of record as of March 27, 2025.

How much has BRT Apartments increased its share repurchase program to?

BRT Apartments has increased its share repurchase program authorization to $10 million, extending through December 2026.

How many multi-family properties does BRT Apartments own as of December 2024?

As of December 31, 2024, BRT owns or has interests in 29 multi-family properties with 7,947 units across 11 states.

When is the record date for BRT Apartments' Q1 2025 dividend?

The record date for BRT Apartments' Q1 2025 dividend is March 27, 2025.
Brt Apartments Corp

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