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

1. BRT announced a quarterly dividend of $0.25 per share. 2. The dividend is payable on April 4, 2025. 3. BRT expanded its share repurchase program to $10 million through December 2026. 4. BRT operates 29 multi-family properties with 7,947 units across 11 states. 5. The company's real estate focus includes preferred equity investments.

Shares Buyback
+4.2%Current Return
VS
+0.51%S&P 500
$18.1103/11 04:30 PM EDTEvent Start
$18.8703/12 11:02 PM EDTLatest Updated
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FAQ

Why Bullish?

The dividend declaration and share buyback are positive signals to investors. Historically, such announcements typically indicate financial health and shareholder value enhancement, which can drive stock prices up.

How important is it?

The actions taken directly affect shareholder returns and may attract new investment, leading to potential price appreciation. They signal the company's confidence in its cash flow.

Why Short Term?

Immediate investor reactions are anticipated following dividend and buyback announcements. Similar past events have led to short-term stock price increases.

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IRMEQRAVB
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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