Bsr Real Estate Investment Trust (HOM.U) to Issue Monthly Dividend of $0.05 on September 16th

Bsr Real Estate Investment Trust (TSE:HOM.U) declared a monthly dividend on Saturday, August 31st, TickerTech reports. Shareholders of record on Monday, September 16th will be paid a dividend of 0.0467 per share on Monday, September 16th. This represents a $0.56 dividend on an annualized basis and a yield of 4.17%. The ex-dividend date is Saturday, August 31st. This is a positive change from Bsr Real Estate Investment Trust’s previous monthly dividend of $0.04.

Bsr Real Estate Investment Trust Trading Down 0.4 %

Shares of Bsr Real Estate Investment Trust stock traded down C$0.06 on Friday, hitting C$13.45. The stock had a trading volume of 78,323 shares, compared to its average volume of 29,556. The company has a quick ratio of 0.45, a current ratio of 0.12 and a debt-to-equity ratio of 161.52. Bsr Real Estate Investment Trust has a one year low of C$9.99 and a one year high of C$13.56. The stock has a market cap of C$448.96 million, a price-to-earnings ratio of -2.30 and a beta of 1.08. The stock’s 50-day simple moving average is C$12.31 and its two-hundred day simple moving average is C$11.59.

Wall Street Analysts Forecast Growth

HOM.U has been the subject of a number of research analyst reports. TD Securities raised their price target on Bsr Real Estate Investment Trust from C$14.00 to C$15.00 and gave the stock a “buy” rating in a research note on Thursday, August 8th. BMO Capital Markets raised their price target on Bsr Real Estate Investment Trust from C$13.50 to C$14.50 and gave the stock an “outperform” rating in a research note on Tuesday, August 13th. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of C$14.30.

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.