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

by · The Cerbat Gem

Bsr Real Estate Investment Trust (TSE:HOM.U – Get Free Report) announced a monthly dividend on Monday, September 30th, TickerTech reports. Shareholders of record on Tuesday, October 15th will be paid a dividend of 0.0467 per share on Tuesday, October 15th. This represents a $0.56 annualized dividend and a yield of 3.96%. The ex-dividend date is Monday, September 30th.

Bsr Real Estate Investment Trust Stock Up 0.5 %

Shares of TSE:HOM.U opened at C$14.14 on Friday. The stock has a market cap of C$471.99 million, a P/E ratio of -2.41 and a beta of 1.08. 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 52-week low of C$9.99 and a 52-week high of C$14.48. The business has a fifty day moving average of C$13.17 and a two-hundred day moving average of C$11.95.

Analysts Set New Price Targets

Several equities analysts have recently commented on the stock. BMO Capital Markets upped their price objective on shares of Bsr Real Estate Investment Trust from C$13.50 to C$14.50 and gave the stock an “outperform” rating in a report on Tuesday, August 13th. TD Securities upped 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. Finally, Scotiabank upgraded Bsr Real Estate Investment Trust from a “sector perform” rating to an “outperform” rating and boosted their price objective for the company from C$15.50 to C$16.50 in a report on Tuesday, September 3rd. Five analysts have rated the stock with a buy rating, According to MarketBeat.com, Bsr Real Estate Investment Trust currently has a consensus rating of “Buy” and an average price target of C$15.00.

Check Out Our Latest Research Report on Bsr Real Estate Investment Trust

About Bsr Real Estate Investment Trust

(Get Free Report)

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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