First Real Estate Investment Trust of New Jersey, Inc. Announces Quarterly Dividend of $0.08 (OTCMKTS:FREVS)

First Real Estate Investment Trust of New Jersey, Inc. (OTCMKTS:FREVS) declared a quarterly dividend on Thursday, January 16th, NASDAQ Dividends reports. Stockholders of record on Friday, February 28th will be paid a dividend of 0.08 per share by the real estate investment trust on Friday, March 14th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 1.93%. The ex-dividend date of this dividend is Friday, February 28th.

First Real Estate Investment Trust of New Jersey Stock Performance

FREVS traded down $0.16 on Wednesday, reaching $16.55. 582 shares of the company traded hands, compared to its average volume of 1,186. First Real Estate Investment Trust of New Jersey has a 52-week low of $14.16 and a 52-week high of $18.12. The stock’s 50 day moving average price is $17.09 and its 200-day moving average price is $17.31.

First Real Estate Investment Trust of New Jersey Company Profile

First Real Estate Investment Trust of New Jersey, Inc is a publicly traded (over-the-counter symbol FREVS) REIT organized in 1961. Its portfolio of residential and commercial properties are located in New Jersey and New York, with the largest concentration in northern New Jersey.