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BRT Apartments Corp. Declares First Quarter 2025 Dividend and Announces Increase to Current Stock Repurchase Program

1. BRT declared a quarterly dividend of $0.25 per share. 2. Dividend payable on April 4, 2025, to March 27 record holders. 3. BRT extended its share repurchase program through December 2026. 4. Share repurchase value increased to $10 million. 5. BRT operates 29 multi-family properties with 7,947 units.

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Why Bullish?

Dividends and share buybacks are typically seen as signals of financial health, driving prices up. Historical patterns show companies announcing dividends often experience stock price appreciation.

How important is it?

The announcement of dividends and share repurchase directly affects investor sentiment and confidence in BRT. These actions generally indicate strong cash flow and profitability.

Why Short Term?

The positive news of dividends and buybacks can influence stock price almost immediately. Investors typically react quickly to such announcements.

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REITAPTSCXP
March 11, 2025 16:15 ET  | Source: BRT Apartments Corp. GREAT NECK, N.Y., March 11, 2025 (GLOBE NEWSWIRE) -- BRT APARTMENTS CORP. (NYSE: BRT) announced today that its Board of Directors declared a quarterly dividend of $0.25 per share. The dividend is payable April 4, 2025, to stockholders of record at the close of business on March 27, 2025. The Board of Directors also announced that it approved the extension of the Company’s share repurchase program through December 2026 and increased the value of the shares to be repurchased to $10 million. BRT is a real estate investment trust that owns, operates, and, to a lesser extent, makes preferred equity investments in joint ventures that own multi-family properties. As of December 31, 2024, BRT owns or has interests in 29 multi-family properties with 7,947 units in 11 states and has preferred equity investments in two multi-family properties. For additional information on BRT’s operations, activities and properties, please visit its website at www.brtapartments.com. Contact: BRT APARTMENTS CORP.60 Cutter Mill RoadSuite 303Great Neck, New York 11021Telephone: (516) 466-3100Email: investors@BRTapartments.comwww.BRTapartments.com

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