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

Bsr Real Estate Investment Trust (TSE:HOM.U) announced a monthly dividend on Saturday, November 30th,TickerTech Dividends reports. Stockholders of record on Monday, December 16th will be given a dividend of 0.0467 per share on Monday, December 16th. This represents a $0.56 annualized dividend and a dividend yield of 4.20%. The ex-dividend date is Saturday, November 30th.

Bsr Real Estate Investment Trust Stock Performance

Shares of HOM.U traded up C$0.28 on Friday, reaching C$13.33. The company’s stock had a trading volume of 29,968 shares, compared to its average volume of 32,772. The stock’s 50 day simple moving average is C$13.38 and its two-hundred day simple moving average is C$12.64. The company has a debt-to-equity ratio of 161.52, a current ratio of 0.12 and a quick ratio of 0.45. The stock has a market capitalization of C$444.96 million, a P/E ratio of -2.27 and a beta of 1.08. Bsr Real Estate Investment Trust has a 12-month low of C$10.40 and a 12-month high of C$14.48.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on HOM.U. BMO Capital Markets boosted their price objective on shares of Bsr Real Estate Investment Trust from C$13.50 to C$14.50 and gave the company an “outperform” rating in a research report on Tuesday, August 13th. TD Securities lifted their target price on Bsr Real Estate Investment Trust from C$14.00 to C$15.00 and gave the company a “buy” rating in a research report on Thursday, August 8th. Finally, Scotiabank upgraded Bsr Real Estate Investment Trust from a “sector perform” rating to an “outperform” rating and upped their price target for the stock from C$15.50 to C$16.50 in a research report on Tuesday, September 3rd.

Bsr Real Estate Investment Trust Company Profile

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.