BRT Apartments's most recent quarterly dividend was on Mar 24, 2023 (ex-date) with a cash dividend payment of $0.25 per share. At an annualized rate of $1 per share, the stock yields 5.41%.
BRT has a dividend yield of 5.41% which is above the industry average but below the Real Estate sector and its peers average. Compared to its Real Estate sector average of 7.22%, BRT Apartments's dividend yield is 25% lower. The current dividend yield is below the historical average of 5.8% of the last 5 years.
BRT Apartments has a long dividend history, including the last six consecutive years with dividend payouts. BRT has issued four quarterly dividends in the last twelve months. The annualized DPS has increased by 10% for the last year. And since the stock price has gone down by 20% from a year ago, the dividend yield has increased by 37%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| 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 54.6% which is lower than the Real Estate sector and the industry average. If we compare it with the Real Estate sector average of 113.9%, BRT Apartments's payout ratio is 52% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| AGNC AGNC Investment Corp | 15.19% | $1.44 | N/A |
| PDM Piedmont Office Realty Trust Inc | 13.01% | $0.84 | 121.7% |
| CMCT CIM Commercial Trust Corp | 6.38% | $0.34 | N/A |
| BRT BRT Apartments Corp | 5.21% | $1 | 54.6% |
| PEB Pebblebrook Hotel Trust | 0.28% | $0.04 | N/A |
Yes, BRT Apartments has been paying dividends for the last six years.
Currently BRT's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in June 2023.
BRT Apartments's last dividend ex-date was on Mar 24, 2023. The dividend amount was $0.25 per share.
BRT's annualized dividend per share is $1.
BRT Apartments's current dividend yield is 5.41%.
BRT Apartments pays four dividends per year.
The dividend payout ratio of BRT Apartments is 54.6%.
BRT Apartments's dividend yield is below the Real Estate sector average.