First Real Estate Investment Trust of New Jersey, Inc. to Issue Quarterly Dividend of $0.08 (OTCMKTS:FREVS)

First Real Estate Investment Trust of New Jersey, Inc. (OTCMKTS:FREVS) announced a quarterly dividend on Thursday, January 16th, NASDAQ Dividends reports. Investors of record on Friday, February 28th will be given a dividend of 0.08 per share by the real estate investment trust on Friday, March 14th. This represents a $0.32 annualized dividend and a yield of 1.93%. The ex-dividend date of this dividend is Friday, February 28th.

First Real Estate Investment Trust of New Jersey Stock Performance

Shares of OTCMKTS FREVS traded down $0.16 during mid-day trading on Wednesday, reaching $16.55. The company’s stock had a trading volume of 582 shares, compared to its average volume of 1,186. The stock has a fifty day moving average of $17.09 and a two-hundred day moving average of $17.31. First Real Estate Investment Trust of New Jersey has a 52 week low of $14.16 and a 52 week high of $18.12.

About First Real Estate Investment Trust of New Jersey

First Real Estate Investment Trust of New Jersey, Inc is a publicly traded (over-the-counter symbol FREVS) REIT organized in 1961. Its portfolio of residential and commercial properties are located in New Jersey and New York, with the largest concentration in northern New Jersey.