DIVIDEND ANNOUNCEMENT: Shs Ben Int/First Real Estate Investment Trust of New Jersey Inc (OTCBB:FREVS) on 04/06/2023 declared a dividend of $0.0500 per share

Shs Ben Int/First Real Estate Investment Trust of New Jersey Inc (OTCBB:FREVS) on 04/06/2023 declared a dividend of $ 0.0500 per share payable on June 15, 2023 to shareholders of record as of June 01, 2023.

Shs Ben Int/First Real Estate Investment Trust of New Jersey Inc (OTCBB:FREVS) has paid dividends since 1990, has a current dividend yield of 14.2284574509% and has increased its dividends for 1 successive years.

Shs Ben Int/First Real Estate Investment Trust of New Jersey Inc's market cap is $ 111,451,650 and has a PE ratio of 2.32. The stock price closed yesterday at $ 14.97 and has a 52 week low/high of $ 14.12 and $ 28.00.

First Real Estate Investment Trust of New Jersey is an equity real estate investment trust. Co. acquires, develops, constructs and holds real estate properties for long-term investment and not for resale. Co.'s reportable segments are: commercial properties and residential properties. Co.'s developed properties include residential apartment communities and commercial properties that consist of multi and single tenanted properties. Co.'s properties are located in New Jersey, Maryland and New York. Co. also owns unimproved land in New Jersey. Co.'s real estate holdings include apartment buildings or complexes, commercial properties (retail and office) and undeveloped land.

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