BRT Apartments Dividend and Financial Updates Ahead of Ex-Dividend Date on Jun 25, 2025

Generated by AI AgentAinvest Dividend Digest
Saturday, Jun 21, 2025 7:06 pm ET1min read
BRT Apartments has announced a dividend of $0.250 per share, with the ex-dividend date set for Jun 25, 2025. This dividend, payable on Jul 9, 2025, is consistent with the previous distribution on Apr 4, 2025, also at $0.250 per share. However, it is lower than the average of the last ten dividends, which stands at $0.389 per share. The dividend type for both instances is a cash dividend. The announcement of this dividend was made on Jun 4, 2025.

Recently, has been the focus of several significant developments. Over the past week, shares of BRT Apartments traded at $15.90, reflecting a slight decline of $0.02. Gould Investors L P, a major stakeholder with a 10% ownership in the company, has acquired an additional 1,842 shares of common stock on Jun 16 and Jun 18, 2025. This move indicates continued confidence in the company's potential by its major shareholders.

In further developments, Resona Asset Management Co. Ltd. has taken a new position in BRT Apartments during the fourth quarter with an investment valued at $77,000. Meanwhile, MN has increased its holdings in the company. Additionally, there has been a recent statement of changes in beneficial ownership, indicating that a trustee of the BRT Apartments Corp. Pension Trust is involved in the management of company shares and related entities.

As of late, BRT Apartments has reported modest revenue and profit growth. However, it has not shown significant expansion in its property portfolio or the number of units owned. Despite this, the company maintains a solid dividend yield of 6.5%, which continues to attract investor interest. Furthermore, BRT Apartments is anticipated to report its earnings on Aug 8, 2025, which will provide further insights into its financial health and operational performance.

In conclusion, BRT Apartments presents a steady dividend outlook with a consistent cash dividend payout. Investors looking to benefit from the upcoming dividend should note that Jun 25, 2025, is the ex-dividend date. This date is crucial as it marks the last opportunity for investors to purchase the stock and qualify for the dividend; any acquisitions post this date will not be eligible for the current dividend distribution.

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