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

Bsr Real Estate Investment Trust (TSE:HOM.U) declared a monthly dividend on Wednesday, April 30th, TickerTech Dividends reports. Investors of record on Thursday, May 15th will be given a dividend of 0.0467 per share on Thursday, May 15th. This represents a $0.56 dividend on an annualized basis and a yield of 4.49%. The ex-dividend date of this dividend is Wednesday, April 30th.

Bsr Real Estate Investment Trust Price Performance

Shares of TSE HOM.U opened at C$12.47 on Monday. 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 market cap of C$416.25 million, a P/E ratio of -2.13 and a beta of 1.08. The stock has a 50 day moving average of C$12.44 and a two-hundred day moving average of C$12.49. Bsr Real Estate Investment Trust has a twelve month low of C$10.60 and a twelve month high of C$14.48.

Insider Buying and Selling at Bsr Real Estate Investment Trust

In related news, Director Graham David Senst acquired 1,600 shares of Bsr Real Estate Investment Trust stock in a transaction dated Tuesday, March 11th. The shares were acquired at an average cost of C$18.03 per share, for a total transaction of C$28,846.08. 13.69% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several analysts have recently commented on HOM.U shares. National Bankshares raised their target price on shares of Bsr Real Estate Investment Trust from C$13.50 to C$14.00 and gave the stock a “sector perform” rating in a research note on Friday, March 7th. Royal Bank of Canada reduced their price objective on shares of Bsr Real Estate Investment Trust from C$16.00 to C$15.50 and set an “outperform” rating for the company in a research report on Friday, March 7th. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of C$15.10.

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.