Bsr Real Estate Investment Trust (TSE:HOM.U) Plans Monthly Dividend of $0.04

Bsr Real Estate Investment Trust (TSE:HOM.U) declared a monthly dividend on Monday, April 29th, TickerTech reports. Investors of record on Wednesday, May 15th will be given a dividend of 0.0433 per share on Wednesday, May 15th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 4.82%. The ex-dividend date of this dividend is Monday, April 29th.

Bsr Real Estate Investment Trust Stock Up 0.1 %

HOM.U stock traded up C$0.01 during midday trading on Friday, hitting C$10.79. The company’s stock had a trading volume of 17,775 shares, compared to its average volume of 28,898. The company has a quick ratio of 0.45, a current ratio of 0.64 and a debt-to-equity ratio of 148.76. Bsr Real Estate Investment Trust has a 52-week low of C$9.99 and a 52-week high of C$13.94. The firm has a market capitalization of C$357.58 million, a P/E ratio of -1.70 and a beta of 1.09. The firm has a 50-day simple moving average of C$11.09 and a 200-day simple moving average of C$11.18.

Wall Street Analyst Weigh In

Several equities analysts have commented on the stock. Raymond James decreased their price target on shares of Bsr Real Estate Investment Trust from C$14.75 to C$14.00 and set an “outperform” rating for the company in a research report on Tuesday, January 30th. TD Securities decreased their price target on shares of Bsr Real Estate Investment Trust from C$16.00 to C$15.00 and set a “buy” rating for the company in a research report on Thursday, March 14th.

Insider Activity

In other news, Director Neil Joseph Labatte sold 64,300 shares of the firm’s stock in a transaction on Monday, March 18th. The shares were sold at an average price of C$11.00, for a total value of C$707,300.00. In the last three months, insiders have bought 2,850 shares of company stock worth $31,119. 13.67% of the stock is currently owned by corporate insiders.

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 and secondary markets in the Sunbelt region of the United States.