Bluerock Residential Growth REIT (BRG) Announces Second Quarter Dividends on Series B Preferred Stock and Series T Preferred Stock
NEW YORK , April 12, 2021 |PRNewswire| -- Bluerock Residential Growth REIT, Inc. (NYSE: BRG ) (the "Company") today announced that its Board of Directors has authorized and the Company has declared monthly cash dividends on the Company's Series B Redeemable Preferred Stock (the "Series B Preferred Stock") for the second quarter of 2021, equal to a quarterly rate of $15.00 per share (the "Series B Preferred Dividends"). In addition, the Board of Directors has authorized and the Company has declared monthly cash dividends on the Company's Series T Redeemable Preferred Stock (the "Series T Preferred Stock") for the second quarter of 2021, equal to a quarterly rate of $0.384375 per share (the "Series T Preferred Dividends"). The Series B Preferred Dividends will be payable in cash as follows: $5.00 per share to be paid on Wednesday, May 5 , 2021 to Series B Preferred stockholders of record as of Friday, April 23, 2021
Bluerock Residential Growth REIT (BRG) Announces Second Quarter Dividends on Series B Preferred Stock and Series T Preferred Stock
NEW YORK , April 12, 2021 |PRNewswire| -- Bluerock Residential Growth REIT, Inc. (NYSE: BRG ) (the "Company") today announced that its Board of Directors has authorized and the Company has declared monthly cash dividends on the Company's Series B Redeemable Preferred Stock (the "Series B Preferred Stock") for the second quarter of 2021, equal to a quarterly rate of $15.00 per share (the "Series B Preferred Dividends"). In addition, the Board of Directors has authorized and the Company has declared monthly cash dividends on the Company's Series T Redeemable Preferred Stock (the "Series T Preferred Stock") for the second quarter of 2021, equal to a quarterly rate of $0.384375 per share (the "Series T Preferred Dividends"). The Series B Preferred Dividends will be payable in cash as follows: $5.00 per share to be paid on Wednesday, May 5 , 2021 to Series B Preferred stockholders of record as of Friday, April 23, 2021