BRT Apartments's most recent quarterly dividend was on Jun 25, 2024 (ex-date) with a cash dividend payment of $0.25 per share. At an annualized rate of $1 per share, the stock yields 5.09%.
BRT has a dividend yield of 5.09% which is above the industry average but below the Real Estate sector average. Compared to its Real Estate sector average of 5.69%, BRT Apartments's dividend yield is 11% lower. The current dividend yield is below the historical average of 5.7% of the last 5 years.
BRT Apartments has a long dividend history, including the last seven consecutive years with dividend payouts. BRT has issued four quarterly dividends in the last twelve months. The annualized DPS has not changed for the last year. However since the stock price has gone down by 0.7% from a year ago, the dividend yield has increased by 0.8%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Jun 25, 2024 | Jul 9, 2024 | Jun 11, 2024 | $0.25 | normal |
| Mar 26, 2024 | Apr 4, 2024 | Mar 11, 2024 | $0.25 | normal |
| Dec 19, 2023 | Jan 5, 2024 | Dec 4, 2023 | $0.25 | normal |
| Oct 2, 2023 | Oct 11, 2023 | Sep 21, 2023 | $0.25 | normal |
| Jun 23, 2023 | Jul 6, 2023 | Jun 14, 2023 | $0.25 | normal |
| Mar 24, 2023 | Apr 4, 2023 | Mar 14, 2023 | $0.25 | normal |
| Dec 19, 2022 | Jan 5, 2023 | Dec 6, 2022 | $0.25 | normal |
| Sep 26, 2022 | Oct 7, 2022 | Sep 14, 2022 | $0.25 | normal |
| Jun 29, 2022 | Jul 8, 2022 | Jun 8, 2022 | $0.25 | normal |
| Mar 23, 2022 | Apr 7, 2022 | Mar 9, 2022 | $0.23 | normal |
| Dec 17, 2021 | Jan 5, 2022 | Dec 8, 2021 | $0.23 | normal |
| Sep 23, 2021 | Oct 7, 2021 | Sep 13, 2021 | $0.23 | normal |
| Jun 24, 2021 | Jul 9, 2021 | Jun 9, 2021 | $0.22 | normal |
| Mar 23, 2021 | Apr 7, 2021 | Mar 11, 2021 | $0.22 | normal |
| Dec 16, 2020 | Jan 7, 2021 | Dec 1, 2020 | $0.22 | normal |
| Sep 24, 2020 | Oct 12, 2020 | Sep 8, 2020 | $0.22 | normal |
| Jun 25, 2020 | Jul 9, 2020 | Jun 11, 2020 | $0.22 | normal |
| Mar 23, 2020 | Apr 7, 2020 | Mar 12, 2020 | $0.22 | normal |
| Dec 19, 2019 | Jan 7, 2020 | Dec 9, 2019 | $0.22 | normal |
| Sep 24, 2019 | Oct 10, 2019 | Sep 12, 2019 | $0.22 | normal |
| Jun 24, 2019 | Jul 9, 2019 | Jun 12, 2019 | $0.2 | normal |
| Mar 25, 2019 | Apr 5, 2019 | Mar 12, 2019 | $0.2 | normal |
| Dec 20, 2018 | Jan 4, 2019 | Dec 5, 2018 | $0.2 | normal |
| Sep 24, 2018 | Oct 4, 2018 | Sep 14, 2018 | $0.2 | normal |
| Jun 22, 2018 | Jul 6, 2018 | Jun 12, 2018 | $0.2 | normal |
| Mar 26, 2018 | Apr 6, 2018 | Mar 13, 2018 | $0.2 | normal |
| Dec 21, 2017 | Jan 5, 2018 | Dec 5, 2017 | $0.18 | normal |
| Sep 22, 2017 | Oct 4, 2017 | Sep 12, 2017 | $0.18 | normal |
BRT has a payout ratio of 500% which is higher than the Real Estate sector and the industry average. If we compare it with the Real Estate sector average of 139.2%, BRT Apartments's payout ratio is 259% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| CMCT CIM Commercial Trust Corp | 14.98% | $0.34 | N/A |
| BRT BRT Apartments Corp | 5.09% | $1 | 500% |
| EXR Extra Space Storage Inc | 3.32% | $5.47 | 123.5% |
| PEB Pebblebrook Hotel Trust | 0.29% | $0.04 | N/A |
Yes, BRT Apartments has been paying dividends for the last seven years.
Currently BRT's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in September 2024.
BRT Apartments's last dividend ex-date was on Jun 25, 2024. The dividend amount was $0.25 per share.
BRT's annualized dividend per share is $1.
BRT Apartments's current dividend yield is 5.09%.
BRT Apartments pays four dividends per year.
The dividend payout ratio of BRT Apartments is 500%.
BRT Apartments's dividend yield is below the Real Estate sector average.