Bluerock Residential Growth REIT Inc (BRG) To Go Ex-Dividend on March 22nd

Bluerock Residential Growth REIT Inc (NYSEMKT:BRG) declared a dividend on Monday, January 9th. Investors of record on Friday, March 24th will be paid a dividend of 0.0967 per share on Wednesday, April 5th. The ex-dividend date of this dividend is Wednesday, March 22nd.

Bluerock Residential Growth REIT (NYSEMKT:BRG) opened at 12.07 on Tuesday. Bluerock Residential Growth REIT has a one year low of $10.20 and a one year high of $14.77. The company has a 50 day moving average of $12.65 and a 200-day moving average of $12.88. The company’s market cap is $291.71 million.

Dividend History for Bluerock Residential Growth REIT (NYSEMKT:BRG)

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A number of research firms recently weighed in on BRG. Zacks Investment Research upgraded shares of Bluerock Residential Growth REIT from a “hold” rating to a “buy” rating and set a $15.00 price target on the stock in a research report on Tuesday, February 14th. FBR & Co lowered shares of Bluerock Residential Growth REIT from an “outperform” rating to a “market perform” rating and lowered their price target for the stock from $15.00 to $14.00 in a research report on Wednesday, January 4th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $14.70.

About Bluerock Residential Growth REIT

Bluerock Residential Growth REIT, Inc is a real estate investment trust. The Company is focused on acquiring a portfolio of residential real estate assets. As of December 31, 2016, the Company’s portfolio consisted of interests in 31 properties (21 operating and 10 development properties). As of December 31, 2016, its properties contained an aggregate of 9,570 units, consisting of 6,972 operating units and 2,598 units under development.

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