BTB Real Estate Investment Trust (OTCMKTS:BTBIF) Shares Up 2.3% – Should You Buy?

BTB Real Estate Investment Trust (OTCMKTS:BTBIF)’s share price shot up 2.3% on Tuesday . The stock traded as high as $2.8210 and last traded at $2.8210. 4,000 shares were traded during mid-day trading, an increase of 45% from the average session volume of 2,753 shares. The stock had previously closed at $2.7580.

BTB Real Estate Investment Trust Stock Up 2.3%

The stock has a fifty day moving average of $2.75 and a two-hundred day moving average of $2.68.

BTB Real Estate Investment Trust Dividend Announcement

The business also recently declared a oct 25 dividend, which was paid on Monday, November 17th. Stockholders of record on Friday, October 31st were paid a $0.025 dividend. BTB Real Estate Investment Trust’s payout ratio is 88.51%.

BTB Real Estate Investment Trust Company Profile

BTB is a real estate investment trust listed on the Toronto Stock Exchange. BTB is a property owner active in Canada and owns 77 properties, representing a total leasable area of approximately 6.1 million square feet and a total asset value that surpasses $1.2 billion. BTB offers a distribution reinvestment plan to unitholders whereby the participants may elect to have their monthly cash distribution reinvested in additional units of BTB at a price based on the weighted average price for BTB's Units on the Toronto Stock Exchange for the five trading days immediately preceding the distribution date, discounted by 3%.