First Real Estate Investment Trust of New Jersey, Inc. Declares Quarterly Dividend of $0.08 (OTCMKTS:FREVS)

First Real Estate Investment Trust of New Jersey, Inc. (OTCMKTS:FREVS) announced a quarterly dividend on Thursday, January 16th, NASDAQ Dividends reports. Stockholders of record on Friday, February 28th will be given a dividend of 0.08 per share by the real estate investment trust on Friday, March 14th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 1.93%. The ex-dividend date is Friday, February 28th.

First Real Estate Investment Trust of New Jersey Stock Performance

Shares of OTCMKTS FREVS traded down $0.16 during trading hours on Wednesday, hitting $16.55. 582 shares of the stock were exchanged, compared to its average volume of 1,186. First Real Estate Investment Trust of New Jersey has a 1-year low of $14.16 and a 1-year high of $18.12. The company’s fifty day simple moving average is $17.09 and its two-hundred day simple moving average is $17.31.

About First Real Estate Investment Trust of New Jersey

First Real Estate Investment Trust of New Jersey, Inc is a publicly traded (over-the-counter symbol FREVS) REIT organized in 1961. Its portfolio of residential and commercial properties are located in New Jersey and New York, with the largest concentration in northern New Jersey.