Bsr Real Estate Investment Trust (TSE:HOM.U) to Issue $0.05 Monthly Dividend

Bsr Real Estate Investment Trust (TSE:HOM.U - Get Free Report) announced a monthly dividend on Monday, June 30th, TickerTech Dividends reports. Shareholders of record on Tuesday, July 15th will be given a dividend of 0.0467 per share on Tuesday, July 15th. This represents a $0.56 dividend on an annualized basis and a yield of 4.30%. The ex-dividend date is Monday, June 30th.

Bsr Real Estate Investment Trust Price Performance

HOM.U traded down C$0.25 on Tuesday, hitting C$13.02. 5,193 shares of the company were exchanged, compared to its average volume of 12,195. Bsr Real Estate Investment Trust has a fifty-two week low of C$11.00 and a fifty-two week high of C$14.48. The firm has a market capitalization of C$434.61 million, a P/E ratio of -2.22 and a beta of 1.08. The business's fifty day moving average is C$13.00 and its 200 day moving average is C$12.48. The company has a debt-to-equity ratio of 161.52, a quick ratio of 0.45 and a current ratio of 0.12.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the company. Royal Bank Of Canada lowered their price target on Bsr Real Estate Investment Trust from C$16.00 to C$15.50 and set an "outperform" rating for the company in a report on Friday, March 7th. National Bankshares upped their price target on Bsr Real Estate Investment Trust from C$13.50 to C$14.00 and gave the company a "sector perform" rating in a research report on Friday, March 7th. One analyst has rated the stock with a hold rating and four have given a buy rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of C$15.10.

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 and secondary markets in the Sunbelt region of the United States.