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

Bsr Real Estate Investment Trust (TSE:HOM.U) declared 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 of this dividend is Saturday, November 30th.

Bsr Real Estate Investment Trust Trading Up 2.1 %

Bsr Real Estate Investment Trust stock traded up C$0.28 during midday trading on Friday, hitting C$13.33. 29,968 shares of the stock were exchanged, compared to its average volume of 32,772. The company has a current ratio of 0.12, a quick ratio of 0.45 and a debt-to-equity ratio of 161.52. The stock has a market capitalization of C$444.96 million, a price-to-earnings ratio of -2.27 and a beta of 1.08. The stock’s 50-day simple moving average is C$13.39 and its 200 day simple moving average is C$12.63. Bsr Real Estate Investment Trust has a fifty-two week low of C$10.40 and a fifty-two week high of C$14.48.

Analyst Ratings Changes

Several research analysts recently weighed in on the company. Scotiabank upgraded Bsr Real Estate Investment Trust from a “sector perform” rating to an “outperform” rating and increased their price objective for the stock from C$15.50 to C$16.50 in a research report on Tuesday, September 3rd. BMO Capital Markets raised their price objective on Bsr Real Estate Investment Trust from C$13.50 to C$14.50 and gave the stock an “outperform” rating in a research report on Tuesday, August 13th. Finally, TD Securities upped their target price on shares of 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.

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.