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BSR Real Estate Trust boosts dividend by 7.9%, to $0.05 per share, driving stock price up to $12.48.
BSR Real Estate Investment Trust (BSRTF) announced a 7.9% increase in its monthly dividend to $0.05 per share, up from $0.04.
The dividend, with an annualized payment of $0.56 and a yield of 4.49%, will be paid on April 15th to stockholders of record on March 31st.
The stock rose to $12.48 mid-day on Thursday.
BSR owns multifamily residential properties in the Sunbelt region.
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BSR Real Estate Trust aumenta el dividendo en un 7.9%, a $0.05 por acción, conduciendo el precio de acciones hasta $12.48.