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

BSR Real Estate Investment Trust (OTCMKTS:BSRTF) declared a monthly dividend on Tuesday, March 18th, NASDAQ Dividends reports. Stockholders of record on Monday, March 31st will be given a dividend of 0.0467 per share on Tuesday, April 15th. This represents a $0.56 annualized dividend and a dividend yield of 4.49%. The ex-dividend date of this dividend 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 Stock Up 1.5 %

Shares of BSR Real Estate Investment Trust stock traded up $0.18 during trading on Thursday, reaching $12.48. 6,883 shares of the company traded hands, compared to its average volume of 26,022. BSR Real Estate Investment Trust has a 1-year low of $10.54 and a 1-year high of $14.39. The company has a 50 day moving average price of $12.04 and a 200-day moving average price of $12.77.

About BSR Real Estate Investment Trust

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.