STOCK TITAN

BRT Apartments Corp. Declares Third Quarter Quarterly Dividend and Announces Replenishment of Current Stock Repurchase Program

BRT Apartments sets a $0.25 Q3 dividend and restores its share repurchase program capacity to $10 million through 2028.

(Neutral)
(Neutral)
Tags
buybacks dividends

BRT Apartments (BRT) declared a third-quarter quarterly dividend of $0.25 per share, payable October 6, 2026 to stockholders of record on September 28, 2026.

The board also replenished the value of shares authorized under the existing stock repurchase program, which runs through December 31, 2028, to $10 million. BRT is a real estate investment trust focused on multifamily properties and, as of September 17, 2026, owns or has interests in 31 properties with 8,311 units across 11 states, plus preferred equity in two multifamily properties.

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Positive

  • Quarterly dividend of $0.25 per share declared for Q3 2026
  • Share repurchase program replenished to $10 million in authorized value
  • Owns or has interests in 31 multifamily properties with 8,311 units in 11 states

Negative

  • None.

Market Context

The March 11 announcement produced a 0.84% 24-hour gain and disclosed the same $0.25 dividend and $1...
Analysis

The March 11 announcement produced a 0.84% 24-hour gain and disclosed the same $0.25 dividend and $10 million repurchase-program amount; this release repeats those capital-return terms.

Key Figures

Quarterly dividend: $0.25 per share Dividend payment date: October 6, 2026 Record date: September 28, 2026 +2 more
Quarterly dividend
$0.25 per share
Third quarter 2026
Dividend payment date
October 6, 2026
Payable to eligible stockholders
Record date
September 28, 2026
Stockholders of record at close of business
Share repurchase program
$10 million
Replenished program value; expires December 31, 2028
Program expiration
December 31, 2028
Current stock repurchase program

Previous Buybacks,dividends Reports

1 past event · Latest: Mar 11
Same Type 1 event
  1. Mar 11

    Dividend and buyback

    24h Move
    +0.8%

    Declared $0.25 dividend and replenished repurchase program to $10 million

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

Key Terms

reit, share repurchase program, unconsolidated joint ventures
3 terms
reit financial
"BRT is a real estate investment trust"
A real estate investment trust (REIT) is a company that owns, operates, or finances income-producing real estate, like shopping centers, apartments, or office buildings. For investors, REITs offer a way to invest in real estate without having to buy property directly, often providing regular income through dividends. They function like a mutual fund for real estate, making it easier for people to add property investments to their portfolio.
share repurchase program financial
"its share repurchase program that expires on December 31, 2028"
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.
unconsolidated joint ventures financial
"by unconsolidated joint ventures in which BRT contributed a portion of the equity"
Unconsolidated joint ventures are business partnerships where a company shares ownership and control but keeps the venture’s full financials separate from its own books; the company typically reports only its share of profit or loss instead of combining all assets, liabilities and sales. This matters to investors because it can hide the venture’s full risks, debts and revenues from the parent’s financial statements, so understanding these arrangements helps assess true exposure and future cash flow potential — like seeing only your slice of a pie rather than the whole pie’s size.

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

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GREAT NECK, N.Y., Sept. 17, 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 October 6, 2026, to stockholders of record at the close of business on September 28, 2026. The Board of Directors also announced that it approved, with respect to its share repurchase program that expires on December 31, 2028, a replenishment in the value of the shares to be repurchased pursuant to such program to $10 million.

BRT is a real estate investment trust that owns and operates multifamily properties. These multifamily properties may be wholly owned by BRT or by unconsolidated joint ventures in which BRT contributed a portion of the equity. As of September 17, 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 multifamily 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.

When will BRT Apartments pay the declared quarterly dividend and who qualifies?

The quarterly dividend of $0.25 per share will be paid on October 6, 2026 to stockholders of record at the close of business on September 28, 2026.

What is the current size and term of BRT Apartments' share repurchase program?

The board approved a replenishment of the value of shares to be repurchased under the existing program to $10 million. The share repurchase program expires on December 31, 2028.

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