BRT Apartments Dividends and Buybacks
Dividend criteria checks 4/6
BRT Apartments is a dividend paying company with a current yield of 5.65% that is well covered by earnings. Next payment date is on 6th January, 2025 with an ex-dividend date of 23rd December, 2024.
Key information
5.6%
Dividend yield
1.8%
Buyback Yield
| Total Shareholder Yield | 7.4% |
| Future Dividend Yield | 5.9% |
| Dividend Growth | -3.3% |
| Next dividend pay date | 06 Jan 25 |
| Ex dividend date | 23 Dec 24 |
| Dividend per share | US$1.000 |
| Payout ratio | 84% |
Recent dividend and buyback updates
Recent updates
BRT Apartments: A Turnaround Opportunity Is On The Horizon
Oct 11BRT Apartments: Well-Positioned To Benefit From Real Estate Cap Rate Compression
Aug 11BRT Apartments: High Yield Play With Some Concerns
May 07BRT Apartments: A Lower Price Would Seal The Deal
Dec 28BRT Apartments: Stock Is 30% Cheaper While Fundamentals Remain Solid
Oct 12BRT Apartments: Pause For Debt Resolution
Jul 28BRT Apartments declares $0.25 dividend
Dec 06Time To Consider Buying Real Estate With BRT Apartments
Nov 16BRT Apartments Q3 2022 Earnings Preview
Nov 07BRT Apartments declares $0.25 dividend
Sep 14BRT Apartments JV sells multifamily property in South Carolina for $32.4M
Sep 01BRT Apartments: Growing Revenues, Dividends, And Debt
Aug 16BRT Apartments Is Overlooked By The Market
May 25Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, BRT has been paying a dividend for less than 10 years.
Growing Dividend: BRT's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| BRT Apartments Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (BRT) | 5.6% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.5% |
| Industry Average (Residential REITs) | 3.4% |
| Analyst forecast (BRT) (up to 3 years) | 5.9% |
Notable Dividend: BRT's dividend (5.65%) is higher than the bottom 25% of dividend payers in the US market (1.45%).
High Dividend: BRT's dividend (5.65%) is in the top 25% of dividend payers in the US market (4.51%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (84.3%), BRT's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (96.4%), BRT's dividend payments are covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 02:01 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
BRT Apartments Corp. is covered by 13 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| David Chiaverini | BMO Capital Markets U.S. (Historical) |
| Craig Kucera | B. Riley Securities, Inc. |
| John Massocca | B. Riley Securities, Inc. |