Centerspace Announces Quarterly Dividend of $0.77 Per Share/Unit

Centerspace, a real estate investment trust, has announced a quarterly dividend of $0.77 per share/unit. The dividend will be paid on October 10, 2025, to common shareholders and unitholders of record at the close of business on September 29, 2025. Centerspace owns 73 apartment communities with 13,773 homes in seven states.

Minneapolis, Sept. 2, 2025 /PRNewswire/ -- Centerspace (NYSE: CSR), a real estate investment trust (REIT), has declared a regular quarterly distribution of $0.77 per share/unit, payable on October 10, 2025. This dividend will be distributed to common shareholders and unitholders of record at the close of business on September 29, 2025.

Centerspace, which was founded in 1970, is an owner and operator of apartment communities. The company owns 73 apartment communities consisting of 13,773 homes located in Colorado, Minnesota, Montana, Nebraska, North Dakota, South Dakota, and Utah. The company has been recognized as a top workplace for the sixth consecutive year by the Minneapolis Star Tribune in 2025.

According to MarketBeat, Centerspace has received a consensus rating of Hold from analysts, with an average rating score of 2.43. The company's earnings are expected to grow by 1.86% in the coming year, from $4.85 to $4.94 per share. The P/E ratio of Centerspace is -37.77, indicating negative earnings, which makes it difficult to compare with companies that have positive earnings. However, the P/B Ratio of 1.09 suggests that the company is reasonably valued with respect to its assets and liabilities.

Centerspace is a leading dividend payer, with a dividend yield of 4.92%, placing it in the top 25% of dividend-paying stocks. The company's dividend payout ratio is expected to be 60.73% next year, indicating that it will be able to sustain or increase its dividend. The short interest in Centerspace has recently increased by 59.60%, indicating a decrease in investor sentiment.

The company's insider trading history shows that no insiders have sold or bought company stock in the past three months. Only 0.92% of the stock is held by insiders, while 79.00% is held by institutions, suggesting strong market trust in the company.

Centerspace's recent news sentiment score is 1.07, which is higher than the average news sentiment score of Finance companies. MarketBeat has tracked 5 news articles for Centerspace this week, compared to an average of 2 articles per week.

Centerspace's quarterly dividend announcement is a positive development for investors seeking steady income from their investments. However, the company's negative earnings and high short interest should be taken into account when making investment decisions.

References:
[1] https://www.marketscreener.com/news/centerspace-announces-quarterly-dividend-ce7d59dad88ef02c
[2] https://www.marketbeat.com/stocks/NYSE/CSR/