BRT APARTMENTS CORP. Declares a Quarterly Dividend of $0.20 per share
December 05 2018 - 11:52AM
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. The dividend is payable January 4, 2019
to stockholders of record on December 21, 2018. For Federal income
tax purposes, this dividend will be included in 2018 income and it
is anticipated that it will be treated as capital gain.
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, 2018 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 and other
real estate assets. 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, 2018 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) 466-3132http://brtapartments.com
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