realestate

Bsr REIT Announces $0.05 Monthly Distribution for Unitholders

Bsr Real Estate Investment Trust (TSE:HOM.U) Declares Monthly Dividend of ¥0.0467 Per Share

B
sr Real Estate Investment Trust (TSE:HOM.U) declared a monthly dividend on December 31st, with stockholders of record as of January 15th set to receive $0.0467 per share. This represents an annualized dividend of $0.56 and a yield of 4.65%. The ex-dividend date is also December 31st.

    HOM.U stock traded down C$0.20 on Friday, reaching C$12.05 with 10,621 shares changing hands. The company's 50-day simple moving average is C$12.92 and its two-hundred day simple moving average is C$12.82. Bsr Real Estate Investment Trust has a market cap of C$402.23 million, a price-to-earnings ratio of -2.06, and a beta of 1.08.

    Scotiabank upgraded the company from "sector perform" to "outperform" with a new price objective of C$16.50 in September. Bsr Real Estate Investment Trust is an internally managed REIT owning multifamily garden-style residential properties in attractive US markets.

    The company has a quick ratio of 0.45, a current ratio of 0.12, and a debt-to-equity ratio of 161.52. Its 1-year low is C$10.53 and its 1-year high is C$14.48.

Bsr REIT announces monthly distribution of $0.05 per unit in Singapore.