BRT Apartments Corp. Declares First Quarter 2025 Dividend and Announces Increase to Current Stock Repurchase Program

Core Points - BRT Apartments Corp. declared a quarterly dividend of $0.25 per share, payable on April 4, 2025, to stockholders of record as of March 27, 2025 [1] - The Board of Directors approved the extension of the share repurchase program through December 2026, increasing the repurchase value to$10 million [1] Company Overview - BRT is a real estate investment trust (REIT) that owns, operates, and makes preferred equity investments in joint ventures owning multi-family properties [2] - As of December 31, 2024, BRT owns or has interests in 29 multi-family properties with a total of 7,947 units across 11 states, along with preferred equity investments in two additional multi-family properties [2]