First Real Estate Investment Trust of New Jersey, Inc. (OTCMKTS:FREVS – Get Free Report) crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $16.09 and traded as high as $16.30. First Real Estate Investment Trust of New Jersey shares last traded at $16.30, with a volume of 400 shares.
First Real Estate Investment Trust of New Jersey Price Performance
The stock’s 50-day moving average is $16.14 and its 200 day moving average is $16.58.
First Real Estate Investment Trust of New Jersey Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Friday, March 15th. Stockholders of record on Friday, March 1st were given a dividend of $0.05 per share. The ex-dividend date was Thursday, February 29th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.18%. First Real Estate Investment Trust of New Jersey’s payout ratio is 92.31%.
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.
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