Bluerock Residential Growth REIT, Inc. (NYSEAMERICAN:BRG) announced a dividend on Friday, October 13th, Fidelity reports. Investors of record on Friday, December 22nd will be given a dividend of 0.0967 per share by the financial services provider on Friday, January 5th. The ex-dividend date of this dividend is Thursday, December 21st.
Bluerock Residential Growth REIT (NYSEAMERICAN BRG) traded up $0.04 during midday trading on Friday, hitting $10.22. The company had a trading volume of 253,718 shares, compared to its average volume of 203,403. The company has a debt-to-equity ratio of 2.47, a quick ratio of 304.45 and a current ratio of 304.45. Bluerock Residential Growth REIT has a one year low of $9.68 and a one year high of $14.14.
Separately, Janney Montgomery Scott lowered Bluerock Residential Growth REIT from a “buy” rating to a “neutral” rating in a research report on Tuesday.
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Bluerock Residential Growth REIT, Inc is a real estate investment trust. The Company is focused on acquiring a portfolio of residential real estate assets. As of December 31, 2016, the Company’s portfolio consisted of interests in 31 properties (21 operating and 10 development properties). As of December 31, 2016, its properties contained an aggregate of 9,570 units, consisting of 6,972 operating units and 2,598 units under development.
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