STOCK TITAN

FREIT of New Jersey (OTCPK: FREVS) sets $0.10 Q1 dividend for Q1 2026

(Moderate)
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

First Real Estate Investment Trust of New Jersey, Inc. (FREIT) reported that its Board of Directors declared a first quarter cash dividend of $0.10 per share on its common stock. The dividend will be paid on March 13, 2026 to shareholders who are on record as of the close of business on February 27, 2026.

The Board stated it will continue to evaluate the dividend each quarter and emphasized that there is no assurance any future dividends will be declared or that future dividend amounts will match this level. The company also included standard forward‑looking statement cautions, noting that various business, economic, real estate market and regulatory risks could cause future results or actions, including dividends, to differ from current expectations.

Positive

  • None.

Negative

  • None.
Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.

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FAQ

What dividend did First Real Estate Investment Trust of New Jersey (FREVS) declare?

The Board of First Real Estate Investment Trust of New Jersey, Inc. declared a first quarter dividend of $0.10 per share on its common stock.

What are the record date and payment date for FREVS’s Q1 2026 dividend?

Shareholders of record at the close of business on February 27, 2026 will receive the dividend, which is scheduled to be paid on March 13, 2026.

Is FREVS committing to pay similar dividends in future quarters?

No. The Board stated it will evaluate the dividend on a quarterly basis and made clear there is no assurance that dividends will be declared for any future period or that future dividends will match the amount declared on January 15, 2026.

What risks did FREIT highlight that could affect future dividends?

FREIT cited risks including industry and economic conditions, real estate market factors affecting its properties and tenants, financial market volatility, potential issues impacting the Trust or major tenants, and risks related to maintaining REIT status, among others referenced from its Form 10-K for the year ended October 31, 2024.

What stock exchange and symbol does First Real Estate Investment Trust of New Jersey use?

The common stock of First Real Estate Investment Trust of New Jersey, Inc. is listed with the trading symbol FREVS, and the filing indicates it is quoted on the OTCPK market.

Who signed the report announcing FREIT’s dividend?

The report was signed on behalf of First Real Estate Investment Trust of New Jersey, Inc. by Robert S. Hekemian, Jr., the company’s President and Chief Executive Officer.

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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):

January 15, 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 OTCPK
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 January 15, 2026, the Board of Directors of First Real Estate Investment Trust of New Jersey, Inc. (“FREIT” or the “Trust”) declared a first 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 February 27, 2026. The payment date for the dividend is March 13, 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 January 15, 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, 2024. 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: January 15, 2026