Bluerock Residential Growth REIT (BRG) Declares $0.1625 Quarterly Dividend; 6.4% Yield

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Go back to Bluerock Residential Growth REIT (BRG) Declares $0.1625 Quarterly Dividend; 6.4% Yield

Bluerock Residential Growth REIT (BRG) Announces 2018 Dividend Rate, Declares First Quarter 2018 Common Stock Dividend

December 20, 2017 5:40 PM EST

NEW YORK, Dec. 20, 2017 /PRNewswire/ -- Bluerock Residential Growth REIT, Inc. (NYSE American: BRG) (the "Company") today announced that its Board of Directors has revised the Company's dividend policy for the Company's Class A common stock (the "Class A Common Stock") and set an annual dividend rate of $0.65 per share.  The new dividend rate falls within the anticipated 2018 dividend range announced by the Company in August 2017, and represents a 6.4% annual yield on today's closing price of the Class A Common Stock on the NYSE American ($10.10/share).  Concurrently, the Board of... More