Bsr Real Estate Investment Trust (TSE:HOM.U) Trading Down 1.3% – Should You Sell?

Bsr Real Estate Investment Trust (TSE:HOM.U)’s share price was down 1.3% during trading on Tuesday . The company traded as low as C$11.97 and last traded at C$11.99. Approximately 3,631 shares were traded during mid-day trading, a decline of 78% from the average daily volume of 16,217 shares. The stock had previously closed at C$12.15.

Bsr Real Estate Investment Trust Stock Performance

The company has a quick ratio of 0.45, a current ratio of 0.12 and a debt-to-equity ratio of 161.52. The company has a market capitalization of C$401.38 million, a PE ratio of -6.40 and a beta of 0.84. The company has a 50-day moving average price of C$12.60 and a two-hundred day moving average price of C$12.77.

Bsr Real Estate Investment Trust Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Monday, November 17th. Stockholders of record on Monday, November 17th will be given a dividend of $0.0467 per share. The ex-dividend date is Friday, October 31st. This represents a c) annualized dividend and a dividend yield of 4.7%. Bsr Real Estate Investment Trust’s dividend payout ratio is currently -29.74%.

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 and secondary markets in the Sunbelt region of the United States.