BRT Apartments Corp. announced a quarterly dividend of $0.25 per share, payable on July 9, 2025.
Quiver AI Summary
BRT Apartments Corp. announced a quarterly dividend of $0.25 per share, which will be payable on July 9, 2025, to stockholders recorded by June 25, 2025. The company, a real estate investment trust, specializes in owning and operating multi-family properties and, as of March 31, 2025, holds interests in 29 properties totaling 7,947 units across 11 states, along with preferred equity investments in two additional multi-family properties. Further details about BRT's operations can be found on their website.
Potential Positives
- BRT APARTMENTS CORP. has declared a quarterly dividend of $0.25 per share, indicating strong financial performance and commitment to returning value to shareholders.
- The dividend payment on July 9, 2025, highlights the company's ongoing profitability and stability, which is crucial for investor confidence.
- BRT's ownership or interest in 29 multi-family properties with nearly 8,000 units demonstrates significant asset base and potential for revenue generation.
- The company's presence in 11 states indicates a diversified portfolio, reducing risk and potentially increasing growth opportunities.
Potential Negatives
- The announcement of a quarterly dividend may indicate a lack of significant capital growth, as companies often leverage reinvestment for expansion rather than distributing profits to shareholders.
- Declaring a dividend might be viewed negatively if investors were expecting higher returns or capital appreciation from growth investments rather than income.
- The company's reliance on a limited portfolio of multi-family properties could raise concerns over its diversification and vulnerability to market fluctuations in a specific real estate segment.
FAQ
What is the quarterly dividend declared by BRT Apartments Corp.?
BRT Apartments Corp. declared a quarterly dividend of $0.25 per share.
When is the dividend payable to stockholders?
The dividend is payable on July 9, 2025, to stockholders of record as of June 25, 2025.
What type of company is BRT Apartments Corp.?
BRT Apartments Corp. is a real estate investment trust (REIT) focused on multi-family properties.
How many multi-family properties does BRT own?
BRT owns or has interests in 29 multi-family properties with a total of 7,947 units.
Where can I find more information about BRT's operations?
For more information, visit BRT's website at www.brtapartments.com.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$BRT Insider Trading Activity
$BRT insiders have traded $BRT stock on the open market 29 times in the past 6 months. Of those trades, 27 have been purchases and 2 have been sales.
Here’s a breakdown of recent trading of $BRT stock by insiders over the last 6 months:
- JEFFREY GOULD (PRESIDENT AND CEO) has made 9 purchases buying 66,598 shares for an estimated $1,035,294 and 0 sales.
- INVESTORS L P GOULD has made 9 purchases buying 66,598 shares for an estimated $1,033,143 and 0 sales.
- MATTHEW J GOULD (SENIOR VICE PRESIDENT) has made 9 purchases buying 66,598 shares for an estimated $1,033,143 and 0 sales.
- GEORGE ZWEIER (VICE PRESIDENT - CFO) has made 0 purchases and 2 sales selling 5,699 shares for an estimated $102,849.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$BRT Hedge Fund Activity
We have seen 26 institutional investors add shares of $BRT stock to their portfolio, and 49 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- ADVISOR RESOURCE COUNCIL added 61,173 shares (+inf%) to their portfolio in Q1 2025, for an estimated $1,039,941
- WEALTH ALLIANCE added 38,475 shares (+141.7%) to their portfolio in Q4 2024, for an estimated $693,704
- PERMANENS CAPITAL L.P. added 23,308 shares (+inf%) to their portfolio in Q1 2025, for an estimated $396,236
- BLACKROCK, INC. removed 21,804 shares (-2.0%) from their portfolio in Q1 2025, for an estimated $370,668
- JPMORGAN CHASE & CO removed 18,372 shares (-48.2%) from their portfolio in Q1 2025, for an estimated $312,324
- VANGUARD GROUP INC added 17,850 shares (+1.6%) to their portfolio in Q1 2025, for an estimated $303,450
- MAN GROUP PLC added 16,538 shares (+inf%) to their portfolio in Q1 2025, for an estimated $281,146
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
GREAT NECK, N.Y., June 04, 2025 (GLOBE NEWSWIRE) -- BRT APARTMENTS CORP. (NYSE: BRT) announced today that its Board of Directors declared a quarterly dividend of $0.25 per share. The dividend is payable on July 9, 2025, to stockholders of record at the close of business on June 25, 2025.
BRT is a real estate investment trust that owns, operates and, to a lesser extent, holds interests in joint ventures that own multi-family properties. As of March 31, 2025, BRT owns or has interests in 29 multi-family properties with 7,947 units in 11 states and has preferred equity investments in two multi-family properties. For additional information on BRT’s operations, activities and properties, please visit its website at www.brtapartments.com .
Contact:
BRT APARTMENTS CORP.
60 Cutter Mill Road
Suite 303
Great Neck, New York 11021
Telephone: (516) 466-3100
Email: [email protected]
www.BRTapartments.com
