Bluerock Residential Growth REIT (BRG) Announces First Quarter Dividends on Series B Preferred Stock and Series T Preferred Stock
NEW YORK , Jan. 13, 2020 |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 first quarter of 2020, 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 first quarter of 2020, 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, February 5 , 2020 to Series B Preferred stockholders of record as of Friday, January 24, 2020
Bluerock Residential Growth REIT (BRG) Announces First Quarter Dividends on Series B Preferred Stock and Series T Preferred Stock
NEW YORK , Jan. 13, 2020 |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 first quarter of 2020, 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 first quarter of 2020, 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, February 5 , 2020 to Series B Preferred stockholders of record as of Friday, January 24, 2020