Bsr Real Estate Investment Trust (HOM.U) to Issue Monthly Dividend of $0.05 on October 15th

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

Bsr Real Estate Investment Trust Trading Up 0.5 %

Shares of HOM.U stock traded up C$0.08 during trading hours on Friday, reaching C$14.14. 26,340 shares of the stock traded hands, compared to its average volume of 34,168. Bsr Real Estate Investment Trust has a 1-year low of C$9.99 and a 1-year high of C$14.48. The business has a fifty day moving average price of C$13.17 and a 200 day moving average price of C$11.95. The company has a quick ratio of 0.45, a current ratio of 0.12 and a debt-to-equity ratio of 161.52. The firm has a market capitalization of C$471.99 million, a PE ratio of -2.41 and a beta of 1.08.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the stock. Scotiabank upgraded shares of Bsr Real Estate Investment Trust from a “sector perform” rating to an “outperform” rating and upped their price objective for the company from C$15.50 to C$16.50 in a research note on Tuesday, September 3rd. BMO Capital Markets increased their price target 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 research note on Tuesday, August 13th. Finally, TD Securities upped their price objective on shares of Bsr Real Estate Investment Trust from C$14.00 to C$15.00 and gave the stock a “buy” rating in a report on Thursday, August 8th. Five analysts have rated the stock with a buy rating, According to data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of C$15.00.

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.