BSR Real Estate Investment Trust (OTCMKTS:BSRTF) Raises Dividend to $0.05 Per Share

BSR Real Estate Investment Trust (OTCMKTS:BSRTF) announced a monthly dividend on Tuesday, March 18th, NASDAQ Dividends reports. Investors of record on Monday, March 31st will be paid a dividend of 0.0467 per share on Tuesday, April 15th. This represents a $0.56 dividend on an annualized basis and a yield of 4.49%. The ex-dividend date is Monday, March 31st. This is a 7.9% increase from BSR Real Estate Investment Trust’s previous monthly dividend of $0.04.

BSR Real Estate Investment Trust Price Performance

OTCMKTS:BSRTF traded up $0.18 during mid-day trading on Thursday, reaching $12.48. The stock had a trading volume of 6,883 shares, compared to its average volume of 26,022. BSR Real Estate Investment Trust has a twelve month low of $10.54 and a twelve month high of $14.39. The business has a 50 day simple moving average of $12.04 and a 200 day simple moving average of $12.77.

BSR Real Estate Investment Trust Company Profile

BSR Real Estate Investment Trust is an internally managed, unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario. The REIT owns a portfolio of multifamily garden-style residential properties located in attractive primary markets in the Sunbelt region of the United States.