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

Bsr Real Estate Investment Trust (TSE:HOM.U) declared a monthly dividend on Tuesday, December 31st,TickerTech Dividends reports. Shareholders 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 dividend on an annualized basis and a yield of 4.65%. The ex-dividend date is Tuesday, December 31st.

Bsr Real Estate Investment Trust Stock Performance

Shares of HOM.U opened at C$12.05 on Friday. The company has a market cap of C$402.23 million, a PE ratio of -2.06 and a beta of 1.08. The company has a current ratio of 0.12, a quick ratio of 0.45 and a debt-to-equity ratio of 161.52. The stock has a 50-day moving average price of C$12.92 and a 200-day moving average price of C$12.82. Bsr Real Estate Investment Trust has a 12-month low of C$10.53 and a 12-month high of C$14.48.

Wall Street Analysts Forecast Growth

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

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.