Bluerock Residential Growth REIT (BRG) has declared monthly cash dividends on the company’s Series B Redeemable Preferred Stock for the fourth quarter of 2020, equal to a quarterly rate of $15.00 per share. In addition, the board of directors has authorized and the company has declared monthly cash dividends on the company’s Series T Redeemable Preferred Stock for the fourth quarter of 2020, equal to a quarterly rate of $0.384375 per share.
The Series B Preferred Dividends will be payable in cash as follows: $5.00 per share to be paid on Thursday, Nov. 5, 2020, to Series B Preferred stockholders of record as of Friday, Oct. 23, 2020; $5.00 per share to be paid on Friday, Dec. 4, 2020, to Series B Preferred stockholders of record as of Wednesday, Nov. 25, 2020; and $5.00 per share to be paid on Tuesday, Jan. 5, 2021, to Series B Preferred stockholders of record as of Thursday, Dec. 24, 2020.
The Series T Preferred Dividends will be payable in cash as follows: $0.1281