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

BSR Real Estate Investment Trust (TSE:HOM.U – Get a rating) announced a monthly dividend on Wednesday, June 29, TickerTech reports. Shareholders of record on Friday July 15 will receive a dividend of 0.0433 per share on Friday July 15. This represents an annualized dividend of $0.52 and a dividend yield of 3.47%. The ex-dividend date is Wednesday, June 29.

Shares of TSE HOM.U traded at C$0.37 during midday trading on Tuesday, hitting C$14.98. The stock recorded trading volume of 99,630 shares, against an average volume of 55,806. The company’s 50-day simple moving average is C$17.16 and its 200-day simple moving average is 18 .27 $CAN. The company has a market capitalization of C$470.12 million and a P/E ratio of 1.30. Bsr Real Estate Investment Trust has a fifty-two week low of C$12.94 and a fifty-two week high of C$22.17. The company has a debt ratio of 181.81, a current ratio of 0.73 and a quick ratio of 0.48.

Several research analysts have recently published reports on the company. National Bankshares raised its price target on Bsr Real Estate Investment Trust from C$21.50 to C$24.50 and gave the stock an “outperform” rating in a Thursday, March 10 research report. Royal Bank of Canada cut its price target on Bsr Real Estate Investment Trust from C$24.00 to C$23.50 and set an “outperform” rating for the stock in a Thursday 12 research report may. Finally, Raymond James set a price target of C$24.00 on Bsr Real Estate Investment Trust and gave the stock a “Strong Buy” rating in a Thursday, May 12 research report. One analyst rated the stock with a hold rating, five gave the stock a buy rating and one gave the stock a strong buy rating. According to data from MarketBeat.com, the stock currently has an average buy price and an average target price of C$19.69.

In other news, Director William Daniel Hughes Jr. bought 2,000 shares of the company in a trade on Monday, June 27. The shares were purchased at an average cost of CA$18.79 per share, with a total value of CA$37,580.28. Following the acquisition, the director now directly owns 6,000 shares of the company, valued at C$112,740.84. Additionally, director John Stanley Bailey acquired 4,600 shares of the company in a transaction dated Tuesday, May 24. The shares were purchased at an average cost of CA$21.95 per share, with a total value of CA$100,971.55. Following the completion of the acquisition, the administrator now directly owns 1,023,676 shares of the company, valued at approximately C$22,470,032.16. Insiders bought 7,600 shares of the company worth $157,984 in the past 90 days.

About Bsr Real Estate Investment Trust (Get a rating)

BSR Real Estate Investment Trust is an open-ended, unincorporated, internally managed 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 garden-style multi-family residential properties located in attractive primary and secondary markets in the Sunbelt region of the United States.

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Dividend history for Bsr Real Estate Investment Trust (TSE:HOM.U)

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