Bluerock Homes Trust, Inc. (BHM) to Issue Quarterly Dividend of $0.13 on January 5th

Bluerock Homes Trust, Inc. (NYSEAMERICAN:BHM) declared a quarterly dividend on Tuesday, March 11th, Wall Street Journal reports. Stockholders of record on Wednesday, December 24th will be given a dividend of 0.125 per share on Monday, January 5th. This represents a c) dividend on an annualized basis and a dividend yield of 5.6%. The ex-dividend date is Wednesday, December 24th.

Bluerock Homes Trust Stock Performance

Shares of BHM stock opened at $8.95 on Monday. The company has a market capitalization of $36.34 million, a PE ratio of -3.07 and a beta of 0.73. Bluerock Homes Trust has a 52-week low of $8.05 and a 52-week high of $14.81. The business’s fifty day moving average is $9.49 and its 200 day moving average is $11.63.

Bluerock Homes Trust (NYSEAMERICAN:BHM) last announced its earnings results on Thursday, November 6th. The company reported ($0.94) earnings per share for the quarter. The business had revenue of $16.61 million during the quarter. Bluerock Homes Trust had a negative return on equity of 2.18% and a negative net margin of 16.66%.

Bluerock Homes Trust Company Profile

Bluerock Homes Trust is a real estate investment trust (REIT) that specializes in the acquisition, ownership and management of factory-built residential housing. The company’s portfolio primarily consists of single-family and modular homes that are installed on leased land or held for rental and sale. By focusing on factory-built housing, Bluerock aims to deliver an affordable, high-quality alternative to conventional home construction and to generate stable rental income through long-term lease agreements.

The company’s core activities include sourcing newly manufactured homes directly from builders, overseeing their delivery and installation, and managing ongoing property operations.