Bsr Real Estate Investment Trust (TSE:HOM.U) to Issue $0.05 Monthly Dividend

Bsr Real Estate Investment Trust (TSE:HOM.U) declared a monthly dividend on Saturday, November 30th,TickerTech Dividends reports. Shareholders of record on Monday, December 16th will be paid a dividend of 0.0467 per share on Monday, December 16th. This represents a $0.56 dividend on an annualized basis and a yield of 4.20%. The ex-dividend date is Saturday, November 30th.

Bsr Real Estate Investment Trust Trading Up 2.1 %

Shares of HOM.U traded up C$0.28 during midday trading on Friday, reaching C$13.33. The company had a trading volume of 29,968 shares, compared to its average volume of 32,772. Bsr Real Estate Investment Trust has a 1-year low of C$10.40 and a 1-year high of C$14.48. The stock has a market cap of C$444.96 million, a PE ratio of -2.27 and a beta of 1.08. The firm has a 50 day simple moving average of C$13.38 and a 200-day simple moving average of C$12.64. The company has a quick ratio of 0.45, a current ratio of 0.12 and a debt-to-equity ratio of 161.52.

Analyst Ratings Changes

HOM.U has been the subject of a number of recent research reports. Scotiabank raised Bsr Real Estate Investment Trust from a “sector perform” rating to an “outperform” rating and raised their target price for the stock from C$15.50 to C$16.50 in a research note on Tuesday, September 3rd. BMO Capital Markets raised their target price on Bsr Real Estate Investment Trust from C$13.50 to C$14.50 and gave the stock an “outperform” rating in a research note on Tuesday, August 13th. Finally, TD Securities raised their target price on Bsr Real Estate Investment Trust from C$14.00 to C$15.00 and gave the stock a “buy” rating in a research note on Thursday, August 8th.

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.