Bluerock Residential Growth REIT (BRG) Declares $0.09666 Monthly Dividend; 8.9% Yield

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Bluerock Residential Growth REIT (BRG) Announces Third Quarter 2016 Common Stock and Series B Preferred Stock Dividends

July 11, 2016 4:15 PM EDT

NEW YORK, July 11, 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 on the Company's Class A common stock (the "Class A Common Stock") for the third quarter of 2016, equal to a quarterly rate of $0.29 per share (the "Class A Common Dividends").  In addition, the Company has declared monthly cash dividends on its Series B Redeemable Preferred Stock (the "Series B Preferred Stock") for the third quarter of 2016, in the amount... More