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

Bsr Real Estate Investment Trust (TSE:HOM.UGet Free Report) announced a monthly dividend on Sunday, May 31st, TickerTech Dividends reports. Stockholders of record on Monday, June 15th will be paid a dividend of 0.0467 per share on Monday, June 15th. This represents a c) dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date is Sunday, May 31st.

Bsr Real Estate Investment Trust Trading Up 2.7%

TSE:HOM.U traded up C$0.32 during midday trading on Friday, reaching C$12.07. 18,571 shares of the stock traded hands, compared to its average volume of 23,579. The company has a fifty day moving average of C$11.45 and a 200 day moving average of C$11.89. Bsr Real Estate Investment Trust has a 12 month low of C$10.50 and a 12 month high of C$13.58. The company has a debt-to-equity ratio of 161.52, a quick ratio of 0.45 and a current ratio of 0.12. The stock has a market capitalization of C$410.26 million, a P/E ratio of 262.54 and a beta of 0.88.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on HOM.U shares. Desjardins lowered their price target on shares of Bsr Real Estate Investment Trust from C$14.00 to C$13.00 and set a “buy” rating for the company in a report on Friday, March 13th. National Bank Financial lowered their price target on shares of Bsr Real Estate Investment Trust from C$13.00 to C$12.50 and set a “sector perform” rating for the company in a report on Friday, March 13th. Royal Bank Of Canada lowered shares of Bsr Real Estate Investment Trust from an “outperform” rating to a “sector perform” rating and lowered their price target for the company from C$14.50 to C$13.00 in a report on Friday, March 13th. Finally, TD Securities lowered their price target on shares of Bsr Real Estate Investment Trust from C$15.50 to C$13.00 and set a “buy” rating for the company in a report on Friday, March 13th. Three research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of C$13.30.

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Bsr Real Estate Investment Trust Company Profile

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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.

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Dividend History for Bsr Real Estate Investment Trust (TSE:HOM.U)

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