Bsr Real Estate Investment Trust (TSE:HOM.U) Shares Up 2.6% - What's Next?

Key Points

• Bsr Real Estate Investment Trust shares increased by 2.6%, reaching C$13.24, with trading volume up 417% compared to the average.
• The company declared a monthly dividend of $0.0467 per share, with a dividend yield of 4.2% and an ex-dividend date set for August 31st.
• Bsr REIT has a market cap of C$443.54 million and a high debt-to-equity ratio of 161.52, indicating significant financial leverage.

Bsr Real Estate Investment Trust (TSE:HOM.U - )'s share price shot up 2.6% on Monday . The company traded as high as C$13.24 and last traded at C$13.24. 70,667 shares traded hands during mid-day trading, an increase of 417% from the average session volume of 13,660 shares. The stock had previously closed at C$12.90.

Bsr Real Estate Investment Trust Stock Performance

The business's 50-day simple moving average is C$12.79 and its two-hundred day simple moving average is C$12.78. The firm has a market cap of C$443.54 million, a price-to-earnings ratio of -7.07 and a beta of 1.00. The company has a quick ratio of 0.45, a current ratio of 0.12 and a debt-to-equity ratio of 161.52.

Bsr Real Estate Investment Trust Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, September 15th. Shareholders of record on Monday, September 15th will be given a $0.0467 dividend. The ex-dividend date is Sunday, August 31st. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. Bsr Real Estate Investment Trust's dividend payout ratio is -29.74%.

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.

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