Bsr Real Estate Investment Trust (TSE:HOM.U) Shares Down 3.1% – Here’s Why

Bsr Real Estate Investment Trust (TSE:HOM.U) shares dropped 3.1% during mid-day trading on Tuesday . The stock traded as low as C$11.60 and last traded at C$11.63. Approximately 19,475 shares traded hands during trading, a decline of 5% from the average session volume of 20,462 shares. The stock had previously closed at C$12.00.

Bsr Real Estate Investment Trust Price Performance

The company’s 50-day moving average is C$11.72 and its 200 day moving average is C$11.91. The stock has a market capitalization of C$393.58 million, a PE ratio of 251.66 and a beta of 0.92. The company has a current ratio of 0.12, a quick ratio of 0.45 and a debt-to-equity ratio of 161.52.

Bsr Real Estate Investment Trust Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 15th were issued a $0.0467 dividend. The ex-dividend date of this dividend was Sunday, May 31st. This represents a c) dividend on an annualized basis and a dividend yield of 4.8%. Bsr Real Estate Investment Trust’s dividend payout ratio (DPR) is currently 1,218.95%.

Bsr Real Estate Investment Trust Company Profile

BSR Real Estate Investment Trust is an internally managed, unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario. The REIT owns a portfolio of multifamily garden-style residential properties located in attractive primary and secondary markets in the Sunbelt region of the United States.