dividend
confidence high
sentiment neutral
materiality 0.50
BRT Apartments declares $0.25 quarterly dividend, authorizes $10M share repurchase through 2025
BRT Apartments Corp.
- Quarterly dividend of $0.25 per share, payable January 5, 2024, to holders of record December 20, 2023.
- Board replenished stock repurchase authorization after $7.2M repurchased from mid-Aug to Dec 1, 2023 at ~$17.95 avg.
- New authorization allows up to $10M in share repurchases through 2025 in open-market or private transactions.