Bsr Real Estate Investment Trust (TSE:HOM.U) to Issue $0.04 Monthly Dividend

Bsr Real Estate Investment Trust (TSE:HOM.U - Get Free Report) declared a monthly dividend on Monday, April 29th, TickerTech reports. Shareholders of record on Wednesday, May 15th will be given a dividend of 0.0433 per share on Wednesday, May 15th. This represents a $0.52 annualized dividend and a dividend yield of 4.82%. The ex-dividend date is Monday, April 29th.

Bsr Real Estate Investment Trust Stock Up 0.1 %

Shares of TSE:HOM.U traded up C$0.01 during trading on Friday, hitting C$10.79. 17,775 shares of the company were exchanged, compared to its average volume of 28,898. The stock has a market cap of C$357.58 million, a price-to-earnings ratio of -1.70 and a beta of 1.09. Bsr Real Estate Investment Trust has a fifty-two week low of C$9.99 and a fifty-two week high of C$13.94. The firm has a fifty day moving average price of C$11.09 and a two-hundred day moving average price of C$11.17. The company has a current ratio of 0.64, a quick ratio of 0.45 and a debt-to-equity ratio of 148.76.

Analyst Upgrades and Downgrades

HOM.U has been the subject of several research analyst reports. Raymond James reduced their target price on Bsr Real Estate Investment Trust from C$14.75 to C$14.00 and set an "outperform" rating for the company in a research note on Tuesday, January 30th. TD Securities reduced their target price on Bsr Real Estate Investment Trust from C$16.00 to C$15.00 and set a "buy" rating for the company in a research note on Thursday, March 14th.

Insider Transactions at Bsr Real Estate Investment Trust

In other news, Director Neil Joseph Labatte sold 64,300 shares of the business's stock in a transaction on Monday, March 18th. The stock was sold at an average price of C$11.00, for a total transaction of C$707,300.00. In the last quarter, insiders acquired 2,850 shares of company stock valued at $31,119. Corporate insiders own 13.67% of the company's stock.

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.