BRT Apartments Corp. Declares First Quarter 2025 Dividend and Announces Increase to Current Stock Repurchase Program
12 March 2025 - 7:15AM
BRT APARTMENTS CORP. (NYSE: BRT) announced today that its Board of
Directors declared a quarterly dividend of $0.25 per share. The
dividend is payable April 4, 2025, to stockholders of record at the
close of business on March 27, 2025. The Board of Directors also
announced that it approved the extension of the Company’s share
repurchase program through December 2026 and increased the value of
the shares to be repurchased to $10 million.
BRT is a real estate investment trust that owns,
operates, and, to a lesser extent, makes preferred equity
investments in joint ventures that own multi-family properties. As
of December 31, 2024, BRT owns or has interests in 29 multi-family
properties with 7,947 units in 11 states and has preferred equity
investments in two multi-family properties. For additional
information on BRT’s operations, activities and properties, please
visit its website at www.brtapartments.com.
Contact:
BRT APARTMENTS CORP.60 Cutter Mill RoadSuite
303Great Neck, New York 11021Telephone: (516) 466-3100Email:
investors@BRTapartments.comwww.BRTapartments.com
BRT Apartments (NYSE:BRT)
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