First Real Estate Investment Trust of New Jersey, Inc. (OTCMKTS:FREVS) Announces Quarterly Dividend of $0.58

First Real Estate Investment Trust of New Jersey, Inc. (OTCMKTS:FREVS) declared a quarterly dividend on Monday, October 28th,NASDAQ Dividends reports. Shareholders of record on Friday, November 29th will be given a dividend of 0.58 per share by the real estate investment trust on Friday, December 13th. This represents a $2.32 annualized dividend and a yield of 12.91%. The ex-dividend date is Friday, November 29th.

First Real Estate Investment Trust of New Jersey Stock Performance

Shares of OTCMKTS FREVS opened at $17.97 on Thursday. The company has a 50-day moving average price of $17.69 and a 200-day moving average price of $17.32. First Real Estate Investment Trust of New Jersey has a 1 year low of $14.16 and a 1 year high of $18.12.

First Real Estate Investment Trust of New Jersey Company Profile

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.