Bsr Real Estate Investment Trust (TSE:HOM.U) to Issue Monthly Dividend of $0.05

Bsr Real Estate Investment Trust (TSE:HOM.U) announced a monthly dividend on Tuesday, December 31st,TickerTech Dividends reports. Investors of record on Wednesday, January 15th will be given a dividend of 0.0467 per share on Wednesday, January 15th. This represents a $0.56 annualized dividend and a dividend yield of 4.65%. The ex-dividend date of this dividend is Tuesday, December 31st.

Bsr Real Estate Investment Trust Stock Down 1.6 %

Shares of HOM.U opened at C$12.05 on Friday. The company’s 50-day simple moving average is C$12.92 and its 200-day simple moving average is C$12.82. The company has a debt-to-equity ratio of 161.52, a quick ratio of 0.45 and a current ratio of 0.12. Bsr Real Estate Investment Trust has a 1 year low of C$10.53 and a 1 year high of C$14.48. The stock has a market capitalization of C$402.23 million, a PE ratio of -2.06 and a beta of 1.08.

Wall Street Analyst Weigh In

Separately, Scotiabank upgraded shares of Bsr Real Estate Investment Trust from a “sector perform” rating to an “outperform” rating and lifted their price target for the stock from C$15.50 to C$16.50 in a research note on Tuesday, September 3rd.

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.