Bluerock Residential Growth REIT (BRG) Declares $0.096666 Monthly Dividend; 11.1% Yield

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Bluerock Residential Growth REIT (BRG) Announces First Quarter 2016 Common Stock Dividends

January 15, 2016 8:45 AM EST

NEW YORK, Jan. 15, 2016 /PRNewswire/ -- Bluerock Residential Growth REIT, Inc. (NYSE MKT: BRG) (the "Company") today announced that its Board of Directors has authorized and the Company has declared monthly cash dividends for the first quarter of 2016 equal to a quarterly rate of $0.29 per share on the Company's Class A common stock and $0.29 per share on the Company's Class B common stock.

The monthly dividend on the Class A common stock and Class B common stock will be as follows: $0.096666 per share to be paid on February 5, 2016 to stockholders of... More