BSR Real Estate Investment Trust (OTCMKTS:BSRTF) Shares Down 1.2% – Time to Sell?

BSR Real Estate Investment Trust (OTCMKTS:BSRTF)’s share price dropped 1.2% during trading on Monday . The company traded as low as $13.03 and last traded at $13.03. Approximately 2,164 shares traded hands during mid-day trading, a decline of 91% from the average daily volume of 23,479 shares. The stock had previously closed at $13.19.

BSR Real Estate Investment Trust Price Performance

The business has a 50-day moving average of $12.61 and a 200 day moving average of $12.46.

BSR Real Estate Investment Trust Increases Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, April 15th. Investors of record on Monday, March 31st were given a $0.0467 dividend. This represents a $0.56 dividend on an annualized basis and a yield of 4.30%. This is a positive change from BSR Real Estate Investment Trust’s previous monthly dividend of $0.04. The ex-dividend date was Monday, March 31st.

About BSR Real Estate Investment Trust

BSR Real Estate Investment Trust is an internally managed, unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario. The REIT owns a portfolio of multifamily garden-style residential properties located in attractive primary markets in the Sunbelt region of the United States.