BRT Apartments Corp. Declares First Quarter 2026 Dividend and Announces Increase to Current Stock Repurchase Program

BRT APARTMENTS CORP.

Rhea-AI Summary

BRT APARTMENTS CORP. (NYSE: BRT) declared a $0.25 per share quarterly dividend payable April 6, 2026 to holders of record as of March 27, 2026. The Board extended and increased its share repurchase program to $10 million and extended the program through December 31, 2028.

As of March 11, 2026, BRT owns or has interests in 31 multi-family properties totaling 8,311 units across 11 states, plus preferred equity investments in two additional properties.

Positive

• Quarterly dividend of $0.25 per share declared
• Buyback program increased to $10 million
• Repurchase program extended through December 31, 2028
• Portfolio: 31 properties with 8,311 units across 11 states

Negative

• Dividend level unchanged implies limited near-term payout growth

Argus Mar 12 session

+0.84% close to close Open Argus

Details

News Market Reaction – BRT

On Mar 12, the first trading day after this news, BRT closed 0.84% above the previous close.

Data tracked by StockTitan Argus for the Mar 12 session.

Key Figures

Quarterly dividend: $0.25 per share Repurchase authorization: $10 million Dividend payable date: April 6, 2026 +5 more

Quarterly dividend

$0.25 per share

First quarter 2026 dividend declared

Repurchase authorization

$10 million

Increased value of shares to be repurchased through program

Dividend payable date

April 6, 2026

Payment date for first quarter 2026 dividend

Record date

March 27, 2026

Stockholders of record eligible for dividend

Repurchase program term

Through December 31, 2028

Extension of share repurchase program

Multi-family properties

31 properties

Owned or held interests in by BRT as of March 11, 2026

Residential units

8,311 units

Total units across multi-family properties in 11 states

Preferred equity properties

2 properties

Preferred equity investments in multi-family properties

Historical Context

5 past events · Latest: Dec 17

5 events

1. Dec 17

   Debt refinancing

   24h Move

   +0.6%

   Refinanced three maturing mortgages into longer-term debt at 4.95% rate.

2. Dec 10

   Dividend declaration

   24h Move

   -0.5%

   Declared $0.25 quarterly dividend payable January 6, 2026.

3. Nov 06

   Quarterly filing

   24h Move

   -0.9%

   Filed Form 10-Q for quarter ended September 30, 2025.

4. Oct 06

   Property acquisition

   24h Move

   -2.7%

   Acquired 150-unit Savannah complex for $23.0M via 80% JV interest.

5. Sep 11

   Dividend & management

   24h Move

   -1.9%

   Declared $0.25 dividend and announced senior finance leadership changes.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

share repurchase program, real estate investment trust, multi-family properties, preferred equity investments

4 terms

share repurchase program financial

"The Board of Directors also announced that it approved the extension of the Company’s share repurchase program..."

A share repurchase program is when a company buys back its own shares from the marketplace. This reduces the total number of shares available, which can increase the value of each remaining share and signal confidence in the company's prospects. For investors, it often suggests that the company believes its stock is undervalued or that it has extra cash to return to shareholders.

real estate investment trust financial

"BRT is a real estate investment trust that owns, operates and, to a lesser extent..."

A real estate investment trust (REIT) is a company that owns and manages income-producing properties—like apartment buildings, shopping centers, offices, or warehouses—and is required to pass most of its rental income to shareholders as dividends. Think of it as a shared property owner: instead of buying a whole building, investors buy a slice of a portfolio that pays regular income and can offer exposure to property values and rental markets without direct management. REITs matter to investors for predictable income, diversification, and liquidity compared with owning physical real estate.

multi-family properties technical

"holds interests in joint ventures that own multi-family properties. As of March 11, 2026, BRT owns or has interests in 31 multi-family properties..."

Residential buildings designed to house multiple separate households under one roof or within a single complex, such as apartment buildings, duplexes, or townhome clusters. Investors care because these properties generate recurring rental income, spread risk across many tenants like a basket spreads risk across fruits, and often offer cost advantages in management and maintenance compared with owning many single-family homes, affecting cash flow and long-term value.

preferred equity investments financial

"and has preferred equity investments in two multi-family properties."

Preferred equity investments are a type of company ownership that sits between debt and ordinary shares: holders get regular, typically fixed payments and have priority over common shareholders for those payments and claim on assets, but they usually give up much of the upside if the company grows. Think of it as a hybrid between a bond and a stock — it offers steadier income and higher claim in trouble, which matters to investors balancing income stability against growth potential.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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GREAT NECK, N.Y., March 11, 2026 (GLOBE NEWSWIRE) -- BRT APARTMENTS CORP. (NYSE: BRT) announced today that its Board of Directors declared a quarterly dividend of $0.25 per share. The dividend is payable April 6, 2026, to stockholders of record at the close of business on March 27, 2026. The Board of Directors also announced that it approved the extension of the Company’s share repurchase program through December 31, 2028, and increased the value of the shares to be repurchased to $10 million.

BRT is a real estate investment trust that owns, operates and, to a lesser extent, holds interests in joint ventures that own multi-family properties. As of March 11, 2026, BRT owns or has interests in 31 multi-family properties with 8,311 units in 11 states and has preferred equity investments in two multi-family properties. For additional information on BRT’s operations, activities and properties, please visit its website at www.brtapartments.com.

Contact:

BRT APARTMENTS CORP.
60 Cutter Mill Road
Suite 303
Great Neck, New York 11021
Telephone: (516) 466-3100
Email: investors@BRTapartments.com
www.BRTapartments.com

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What dividend did BRT (NYSE: BRT) declare for Q1 2026 and when is it payable?

BRT declared a quarterly dividend of $0.25 per share; it is payable April 6, 2026. According to the company, shareholders of record at the close of business on March 27, 2026 will receive the payment.

How was BRT's stock repurchase program changed on March 11, 2026?

The Board increased the repurchase authorization to $10 million and extended the program through December 31, 2028. According to the company, this expands the size and timeline for future share buybacks.

What properties and scale does BRT report as of March 11, 2026?

As of March 11, 2026, BRT owns or has interests in 31 multi-family properties with 8,311 units in 11 states. According to the company, it also holds preferred equity in two additional multi-family properties.

Who is eligible to receive the April 6, 2026 dividend from BRT?

Shareholders of record at the close of business on March 27, 2026 are eligible for the April 6, 2026 dividend. According to the company, eligibility is determined by the company’s record date policy.

How might BRT's $10 million buyback affect existing shareholders?

A $10 million buyback could support per-share value by reducing outstanding shares over time. According to the company, the program’s extension through December 31, 2028 allows repurchases across multiple quarters.

Where can investors find more information about BRT's operations and contacts?

Investors can visit www.brtapartments.com or contact investor relations at the provided phone and email. According to the company, its website contains additional operational and property details.