First Real Estate Investment Trust of New Jersey (OTCMKTS:FREVS) Shares Pass Below 200 Day Moving Average of $16.47

Shares of First Real Estate Investment Trust of New Jersey, Inc. (OTCMKTS:FREVS) passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $16.47 and traded as low as $16.00. First Real Estate Investment Trust of New Jersey shares last traded at $16.00, with a volume of 100 shares traded.

First Real Estate Investment Trust of New Jersey Price Performance

The business has a 50 day simple moving average of $16.41 and a two-hundred day simple moving average of $16.47.

First Real Estate Investment Trust of New Jersey Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 15th. Shareholders of record on Friday, March 1st were paid a $0.05 dividend. The ex-dividend date of this dividend was Thursday, February 29th. This represents a $0.20 dividend on an annualized basis and a yield of 1.25%. First Real Estate Investment Trust of New Jersey’s payout ratio is 92.31%.

First Real Estate Investment Trust of New Jersey Company Profile

First Real Estate Investment Trust of New Jersey, Inc is a publicly traded (over-the-counter symbol FREVS) REIT organized in 1961. Its portfolio of residential and commercial properties are located in New Jersey and New York, with the largest concentration in northern New Jersey.