Bluerock Residential Growth REIT Inc to Issue Monthly Dividend of $0.10 (BRG)

Bluerock Residential Growth REIT Inc (NYSEAMERICAN:BRG) announced a monthly dividend on Friday, November 24th, Zacks reports. Stockholders of record on Friday, November 24th will be paid a dividend of 0.097 per share by the financial services provider on Tuesday, December 5th. This represents a $1.16 annualized dividend and a dividend yield of 10.18%. The ex-dividend date is Wednesday, November 22nd.

Bluerock Residential Growth REIT (NYSEAMERICAN BRG) traded up $0.16 on Friday, hitting $11.43. The stock had a trading volume of 155,900 shares, compared to its average volume of 269,249. Bluerock Residential Growth REIT has a fifty-two week low of $9.68 and a fifty-two week high of $14.77. The company has a debt-to-equity ratio of 2.47, a quick ratio of 304.45 and a current ratio of 304.45.

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Bluerock Residential Growth REIT Company Profile

Bluerock Residential Growth REIT, Inc is a real estate investment trust. The Company is focused on acquiring a portfolio of residential real estate assets. As of December 31, 2016, the Company’s portfolio consisted of interests in 31 properties (21 operating and 10 development properties). As of December 31, 2016, its properties contained an aggregate of 9,570 units, consisting of 6,972 operating units and 2,598 units under development.

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