First Real Estate Trust (OTC: FREVS) sets $0.10 Q2 dividend payout

(High)

(Neutral)

Form Type

8-K

Rhea-AI Filing Summary

First Real Estate Investment Trust of New Jersey, Inc. declared a second quarter dividend of $0.10 per share on its common stock. The dividend will be paid on June 12, 2026 to shareholders of record at the close of business on May 29, 2026.

The Board stated it will continue evaluating the dividend on a quarterly basis and emphasized there is no assurance that dividends will be declared for any future period or that future dividend amounts will match this level. The filing also includes customary forward-looking statement cautions and references to risks affecting the Trust and its tenants.

8-K Event Classification

Item 8.01 — Other Events

1 item

Item 8.01 Other Events Other

Voluntary disclosure of events the company deems important to shareholders but not covered by other items.

Key Figures

Q2 2026 dividend per share: $0.10 per share Dividend record date: May 29, 2026 Dividend payment date: June 12, 2026 +1 more

4 metrics

Q2 2026 dividend per share $0.10 per share Second quarter dividend on common stock declared April 9, 2026

Dividend record date May 29, 2026 Holders of record at close of business eligible for dividend

Dividend payment date June 12, 2026 Scheduled payment date for $0.10 per share dividend

Form type Form 8-K Section 8, Item 8.01 Other Events disclosure

Key Terms

forward-looking statements, Real Estate Investment Trust, REIT, Internal Revenue Code of 1986, as amended, +1 more

5 terms

forward-looking statements regulatory

"may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995"

Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

Real Estate Investment Trust financial

"First Real Estate Investment Trust of New Jersey, Inc. (“FREIT” or the “Trust”)"

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.

REIT financial

"risks associated with FREIT’s failure to maintain status as a REIT under the Internal Revenue Code of 1986, as amended"

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.

Internal Revenue Code of 1986, as amended regulatory

"status as a REIT under the Internal Revenue Code of 1986, as amended"

consumer price index financial

"volatility and uncertainty in the financial markets, including potential fluctuations in the consumer price index"

The consumer price index (CPI) measures the average change in prices paid by households for a basket of goods and services over time, similar to tracking how the cost of a shopping cart fluctuates. It provides a key indicator of inflation, helping investors understand how the purchasing power of money is changing and influencing economic decisions.

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

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Understanding 8-K Material Events →

Accepted by SEC EDGAR 04/10/2026 - 12:09 PM

FAQ

What dividend did FREVS declare for the second quarter of 2026?

First Real Estate Investment Trust of New Jersey declared a second quarter dividend of $0.10 per share on its common stock. The dividend reflects the Board’s current decision only and is not a guarantee of future dividend levels or continued payments in later periods.

What is the record date for First Real Estate Investment Trust of New Jersey’s $0.10 dividend?

The record date for the $0.10 per share second quarter dividend is May 29, 2026. Shareholders listed as holders of record at the close of business on that date will be entitled to receive the dividend payment scheduled for June 12, 2026.

When will FREVS pay its declared second quarter 2026 dividend?

The Trust plans to pay the declared $0.10 per share second quarter dividend on June 12, 2026. Shareholders must be holders of record as of the close of business on May 29, 2026 to receive this payment from First Real Estate Investment Trust of New Jersey.

Has First Real Estate Investment Trust of New Jersey guaranteed future dividends?

The Trust has not guaranteed future dividends. Its Board stated it will evaluate the dividend on a quarterly basis and made clear there can be no assurance that dividends will be declared or paid in any future period, or that future amounts will match $0.10 per share.

What risks did FREIT highlight alongside its dividend announcement?

FREIT highlighted risks including industry and economic conditions, real estate market factors, tenant financial performance, volatility in financial markets, and maintaining REIT status. It also referenced potential impacts from legal, regulatory, or litigation issues and directed investors to its Form 10-K for additional discussed risks.

Who leads First Real Estate Investment Trust of New Jersey according to this filing?

The filing identifies Robert S. Hekemian, Jr. as President and Chief Executive Officer of First Real Estate Investment Trust of New Jersey. He signed the report on behalf of the registrant under the Securities Exchange Act of 1934, confirming Board approval of the disclosed dividend action.

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15 (d) of the
Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):

April 9, 2026

FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC.

(Exact name of registrant as specified in charter)

Maryland	000-25043	22-1697095
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)
505 Main Street, Suite 400, Hackensack, New Jersey			07601
(Address of principal executive offices)			(Zip Code)

Registrant’s telephone number, including area code: (201) 488-6400

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐

Pre-commencement communications pursuant to Rule 14d-2 (b) under the Exchange Act (17 CFR 240.14d-2(b))

☐

Pre-commencement communications pursuant to Rule 13e-4 (c) under the Exchange Act (17 CFR 240.13e-4 (c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Common stock, par value $0.01 per share	FREVS	OTC Pink Market
Preferred Stock Purchase Rights (1)

(1)

Registered pursuant to Section 12 (b) of the Act pursuant to a form 8-A filed by the registrant on August 3, 2023. Until the Distribution Date (as defined in the registrant’s Stockholder Rights Agreement dated July 31, 2023) the Preferred Stock Purchase Rights will be transferred with and only with the shares of the registrant’s Common Stock to which the Preferred Stock Purchase Rights are attached.

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Section 8 - Other Events

Item 8.01 Other Events .

On April 9, 2026, the Board of Directors of First Real Estate Investment Trust of New Jersey, Inc. (“FREIT” or the “Trust”) declared a second quarter dividend of $0.10 per share on the Common Stock of the Trust to holders of record of said shares at the close of business on May 29, 2026. The payment date for the dividend is June 12, 2026. The Board of Directors will continue to evaluate the dividend on a quarterly basis and there can be no assurance that dividends will be declared for any future period. In addition, the amount of the dividend declared on April 9, 2026 is not necessarily indicative of the amount of any dividends that may be declared in the future.

Forward-Looking and Cautionary Statements

This current report on Form 8-K may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other federal securities laws. These forward-looking statements can be identified by the use of words such as “expect,” “plan,” “will,” “estimate,” “project,” “intend,” “believe,” “guidance,” “approximately,” “anticipate,” “may,” “should,” “seek” or the negative of these words and phrases or similar words or phrases that are predictions of or indicate future events or trends and that do not relate to historical matters. You can also identify forward-looking statements by discussions of strategy, plans or intentions of management. These forward-looking statements are subject to known and unknown risks and uncertainties that you should not rely on as predictions of future events. Forward-looking statements depend on assumptions, data and/or methods which may be incorrect or imprecise and we may not be able to realize them. The following risks and uncertainties, among others, could cause actual results to differ materially from those currently anticipated due to a number of factors, which include, but are not limited to: industry and economic conditions; FREIT’s ability to satisfy the conditions to closing and complete a proposed transaction; FREIT’s dependence upon its external manager to conduct its business and achieve its investment objectives; unknown liabilities acquired in connection with acquired properties or interests in real estate-related entities; general risks affecting the real estate industry and local real estate markets (including, without limitation, the market value of FREIT’s properties, potential illiquidity of FREIT’s remaining real estate investments, condemnations, and potential damage from natural disasters); the financial performance of FREIT’s tenants; the impact of any financial, accounting, legal or regulatory issues or litigation that may affect the Trust and its major tenants; volatility and uncertainty in the financial markets, including potential fluctuations in the consumer price index; risks associated with FREIT’s failure to maintain status as a REIT under the Internal Revenue Code of 1986, as amended; and other additional risks discussed in FREIT’s annual report on Form 10-K for the fiscal year ended October 31, 2025. FREIT expressly disclaims any responsibility to update or revise forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC.
	(Registrant)


	By:	/s/ Robert S. Hekemian, Jr.
		Robert S. Hekemian, Jr.
		President and Chief Executive Officer

Date: April 9, 2026

Source: View Original Filing on SEC EDGAR

Filing Exhibits & Attachments

4 documents