BRT Apartments Corp. Raises Quarterly Dividend Approximately 11.1%
March 13 2018 - 11:04AM
BRT Apartments Corp. (NYSE:BRT) announced that its Board of
Directors declared a quarterly dividend on the Company’s common
stock of $0.20 per share, representing an increase of $0.02 per
share, or approximately 11.1%. The dividend is payable April
6, 2018 to stockholders of record on March 27, 2018.
Forward Looking Statements:
Certain information contained herein is forward looking within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. BRT intends such forward looking statements to be
covered by the safe harbor provisions for forward looking
statements contained in the Private Securities Litigation Reform
Act of 1995 and includes this statement for purposes of complying
with these safe harbor provisions. Forward-looking
statements, which are based on certain assumptions and describe our
future plans, strategies and expectations, are generally
identifiable by use of the words “may,” “will,” “believe,”
“expect,” “intend,” “anticipate,” “estimate,” “project,” or similar
expressions or variations thereof. Forward looking
statements, including statements with respect to BRT’s property
ownership and operating activities, involve known and unknown
risks, uncertainties and other factors, which, in some cases, are
beyond BRT’s control and could materially affect actual results,
performance or achievements. Investors are cautioned not to
place undue reliance on any forward-looking statements and to
carefully review the section entitled “Item 1A. - Risk Factors” in
BRT’s Annual Report on Form 10-K for the year ended September 30,
2017 and in the Quarterly Reports on Form 10-Q filed
thereafter.
About BRT Apartments Corp:
BRT is a real estate investment trust that directly, or through
joint ventures, owns and operates multi-family properties.
Additional financial and descriptive information on BRT, its
operations and its portfolio, is available at BRT’s website at:
http://brtapartments.com. Interested parties are encouraged
to review its Form 10-K for the year ended September 30, 2017 and
other reports filed with the Securities and Exchange Commission for
additional information.
Contact: Investor Relations
BRT APARTMENTS CORP.60 Cutter Mill RoadSuite
303Great Neck, New York 11021Telephone (516) 466-3100Telecopier
(516) 466-3132
http://brtapartments.com
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