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BRT Apartments Corp. Raises Quarterly Dividend 4.5%

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dividends
Rhea-AI Summary

BRT Apartments Corp. (NYSE:BRT) announced a quarterly dividend of $0.23 per share, an increase of $0.01 or 4.5% from the previous payment. The dividend is set to be paid on October 7, 2021, to stockholders on record as of September 24, 2021. This move reflects the company's continuing commitment to provide income to shareholders while operating in the multi-family property sector through direct ownership and joint ventures.

Positive
  • Quarterly dividend increased by $0.01 or 4.5%, indicating strong financial health and commitment to shareholders.
  • Total dividend amount of $0.23 per share reflects company confidence in ongoing operations.
Negative
  • None.

GREAT NECK, N.Y., Sept. 13, 2021 (GLOBE NEWSWIRE) -- BRT Apartments Corp. (NYSE:BRT) announced that its Board of Directors declared a quarterly dividend of $0.23 per share on the Company’s common stock, representing an increase of $0.01 per share, or 4.5%, over the prior dividend payment. The dividend is payable October 7, 2021, to stockholders of record on September 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, 2020, as amended, 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 date of the next dividend payment for BRT?

The next dividend payment for BRT is scheduled for October 7, 2021.

How much is BRT's quarterly dividend?

BRT's quarterly dividend is $0.23 per share.

When is the record date for BRT's dividend?

The record date for BRT's dividend is September 24, 2021.

What percentage increase does BRT's latest dividend represent?

BRT's latest dividend represents an increase of 4.5% over the prior dividend payment.

BRT Apartments Corp

NYSE:BRT

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BRT Stock Data

340.95M
14.64M
19.04%
48.22%
0.56%
REIT - Residential
Real Estate Investment Trusts
Link
United States of America
GREAT NECK