dividend
confidence high
sentiment neutral
materiality 0.15
BRT Apartments declares $0.25/sh quarterly dividend; return of capital estimate
BRT Apartments Corp.
- Quarterly dividend of $0.25 per share payable July 9, 2024 to holders of record June 25, 2024.
- BRT estimates significant portion of 2024 dividends will be return of capital for tax purposes if no property sales.
- At annual meeting June 11, all three director nominees elected: Ginsburg, Gould, Simon with >11.5M votes for each.
- Ernst & Young ratified as independent auditor for FY2024 (16.3M for, 27K against, 41K abstain).
- 2024 Incentive Plan approved with ~12.1M for, ~1.9M against, 44.7K abstain.