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BRT Apartments (BRT Apartments) 3-Year Dividend Growth Rate : 4.40% (As of Dec. 2023)


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What is BRT Apartments 3-Year Dividend Growth Rate?

BRT Apartments's Dividends per Share for the three months ended in Dec. 2023 was $0.25.

The historical rank and industry rank for BRT Apartments's 3-Year Dividend Growth Rate or its related term are showing as below:

BRT' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -9.8   Med: 10.9   Max: 69.7
Current: 4.4

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of BRT Apartments was 69.70% per year. The lowest was -9.80% per year. And the median was 10.90% per year.

BRT's 3-Year Dividend Growth Rate is ranked better than
63.64% of 506 companies
in the REITs industry
Industry Median: 2.1 vs BRT: 4.40

During the past 12 months, BRT Apartments's average Dividends Per Share Growth Rate was 2.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 4.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 5.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

BRT Apartments's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.00. As of today, BRT Apartments's Dividend Yield % is 5.70%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of BRT Apartments Corp is 12.05, which seems too high.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of BRT Apartments's 3-Year Dividend Growth Rate

For the REIT - Residential subindustry, BRT Apartments's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


BRT Apartments's 3-Year Dividend Growth Rate Distribution in the REITs Industry

For the REITs industry and Real Estate sector, BRT Apartments's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where BRT Apartments's 3-Year Dividend Growth Rate falls into.



BRT Apartments 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


BRT Apartments  (NYSE:BRT) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

BRT Apartments's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.25/ -0.14
=N/A

During the past 13 years, the highest Dividend Payout Ratio of BRT Apartments was 16.80. The lowest was 0.19. And the median was 0.64.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of BRT Apartments Corp is 12.05, which seems too high.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

BRT Apartments Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.2502024-03-262024-03-272024-04-04Cash DividendquarterlyUSD:USD 1.000000
USD 0.2502023-12-192023-12-202024-01-05Cash DividendquarterlyUSD:USD 1.000000
USD 0.2502023-10-022023-10-032023-10-11Cash DividendquarterlyUSD:USD 1.000000
USD 0.2502023-06-232023-06-262023-07-06Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

BRT Apartments's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1/17.53
=5.70 %

Current Share Price is $17.53.
BRT Apartments's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.

During the past 13 years, the highest Dividend Yield of BRT Apartments was 9.72%. The lowest was 1.53%. And the median was 5.19%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


BRT Apartments 3-Year Dividend Growth Rate Related Terms>


BRT Apartments (BRT Apartments) Business Description

Industry
Traded in Other Exchanges
Address
60 Cutter Mill Road, Suite 303, Great Neck, NY, USA, 11021
BRT Apartments Corp is a real estate investment trust company. The company is primarily focused on the ownership, operation, and development of multi-family properties. BRT also owns and operates other real estate assets. All of the Company's assets are comprised of multi-family real estate assets generally leased to tenants on a one-year basis.
Executives
Ryan Baltimore officer: Senior Vice President 60 CUTTER MILL ROAD, SUITE 303, GREAT NECK NY 11021
Mitchell Gould officer: VICE PRESIDENT
Gould Investors L P 10 percent owner 60 CUTTER MILL RD, STE 303, GREAT NECK NY 11021-3190
Jeffrey Gould officer: PRESIDENT AND CE0
Matthew J Gould director, officer: Senior Vice President
Mark H Lundy officer: VICE PRESIDENT
Isaac Kalish officer: Assistant Treasurer 60 CUTTER MILL ROAD, SUITE 303, GREAT NECK NY 11021
Louis C Grassi director 220 RXR PLAZA, UNIONDALE NY 11556
Carol Cicero director 516 TOWER TRACE, CANTON GA 30115
George Zweier officer: VICE PRESIDENT - CFO
Jonathan H Simon director 1020 PARK AVENUE, APARTMENT 10D, NEW YORK NY 10028
Jeffrey Rubin director 40 CUTTER MILL ROAD, SUITE 302, GREAT NECK NY 11021
Fredric H Gould director, officer: Chairman of Board 60 CUTTER MILL ROAD, SUITE 303, GREAT NECK NY 11021
Steven Rosenzweig officer: Vice President 60 CUTTER MILL ROAD, SUITE 303, GREAT NECK NY 11021
Alysa Block officer: Treasurer 60 CUTTER MILL ROAD, SUITE 303, GREAT NECK NY 11021