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.
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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
This announcement highlights continued capital returns via a $0.25 quarterly dividend and an expande...
Analysis
This announcement highlights continued capital returns via a $0.25 quarterly dividend and an expanded $10 million share repurchase program extended through December 31, 2028. It reinforces BRT’s positioning as a residential-focused REIT with 31 multi-family properties and 8,311 units across 11 states. In context of recent refinancings, acquisitions, and recurring dividends, investors may watch future filings and portfolio updates to assess how these actions influence cash flows and leverage over time.
Key Figures
Quarterly dividend:$0.25 per shareRepurchase authorization:$10 millionDividend payable date:April 6, 2026+5 more
8 metrics
Quarterly dividend$0.25 per shareFirst quarter 2026 dividend declared
Repurchase authorization$10 millionIncreased value of shares to be repurchased through program
Dividend payable dateApril 6, 2026Payment date for first quarter 2026 dividend
Record dateMarch 27, 2026Stockholders of record eligible for dividend
Repurchase program termThrough December 31, 2028Extension of share repurchase program
Multi-family properties31 propertiesOwned or held interests in by BRT as of March 11, 2026
Residential units8,311 unitsTotal units across multi-family properties in 11 states
Preferred equity properties2 propertiesPreferred equity investments in multi-family properties
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.
Pattern Detected
Recent history shows recurring dividends and balance sheet actions, with some positive operational updates (refinancings, acquisitions, dividends) followed by negative 24-hour moves, indicating occasional divergence between supportive news and short-term price reaction.
Recent Company History
Over the past six months, BRT reported a property acquisition on Oct 6, 2025, third-quarter 10-Q filing on Nov 6, 2025, a refinancing of $42.7 million of mortgages into $71.9 million of new debt on Dec 17, 2025, and several $0.25 quarterly dividend declarations. Today’s dividend and repurchase update fits this pattern of steady capital allocation alongside portfolio stability at 31 multi-family properties and 8,311 units across 11 states.
"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 trustfinancial
"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 propertiestechnical
"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 investmentsfinancial
"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.
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
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.
