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

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

Bsr Real Estate Investment Trust Stock Performance

Shares of TSE:HOM.U opened at C$10.79 on Friday. The company has a current ratio of 0.64, a quick ratio of 0.45 and a debt-to-equity ratio of 148.76. The company has a 50-day moving average price of C$11.09 and a 200-day moving average price of C$11.17. The company has a market cap of C$357.58 million, a price-to-earnings ratio of -1.70 and a beta of 1.09. Bsr Real Estate Investment Trust has a 12 month low of C$9.99 and a 12 month high of C$13.94.

Analyst Upgrades and Downgrades

HOM.U has been the subject of several research analyst reports. TD Securities dropped their target price 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. Raymond James lowered their price objective 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 report on Tuesday, January 30th.

Insider Buying and Selling at Bsr Real Estate Investment Trust

In other Bsr Real Estate Investment Trust news, Director Neil Joseph Labatte sold 64,300 shares of the stock in a transaction on Monday, March 18th. The stock was sold at an average price of C$11.00, for a total transaction of C$707,300.00. In the last ninety days, insiders bought 2,850 shares of company stock worth $31,119. 13.67% of the stock is 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.