Bsr Real Estate Investment Trust (TSE:HOM.U) Stock Price Down 3.8% - Here's What Happened

Key Points

• Bsr Real Estate Investment Trust (TSE:HOM.U) shares fell by 3.8% to C$12.26, with trading volume down 47% from the average session.
• The trust reported a debt-to-equity ratio of 161.52 and a current ratio of 0.12, indicating potential liquidity issues.
• The company declared a monthly dividend of $0.0467 per share, resulting in a 4.6% dividend yield.

Bsr Real Estate Investment Trust (TSE:HOM.U - Get Free Report) fell 3.8% during mid-day trading on Friday . The stock traded as low as C$12.26 and last traded at C$12.26. 6,235 shares traded hands during mid-day trading, a decline of 47% from the average session volume of 11,661 shares. The stock had previously closed at C$12.74.

Bsr Real Estate Investment Trust Stock Performance

The company has a current ratio of 0.12, a quick ratio of 0.45 and a debt-to-equity ratio of 161.52. The firm has a 50-day moving average of C$12.90 and a 200-day moving average of C$12.67. The stock has a market capitalization of C$414.58 million, a price-to-earnings ratio of -2.12 and a beta of 1.08.

Bsr Real Estate Investment Trust Announces Dividend

The business also recently declared a monthly dividend, which was paid on Friday, August 15th. Shareholders of record on Friday, August 15th were given a dividend of $0.0467 per share. This represents a c) annualized dividend and a yield of 4.5%. The ex-dividend date of this dividend was Thursday, July 31st. Bsr Real Estate Investment Trust's dividend payout ratio (DPR) is currently -9.56%.

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.