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Berkshire Income Realty, Inc. Stock Quote & Summary Data

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*Delayed - data as of Sep. 15, 2014  -  Find a broker to begin trading BIR^A now
Exchange: AMEX

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Previous Close: $ 27.2601
52 Week High /Low: $ 28.54 / $ 25.5301
Annualized dividend $ 2.25
Ex Dividend Date Aug. 7, 2014
Dividend Payment Date Aug. 15, 2014
Current Yield 8.25 %
Beta 0

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Company Description (as filed with the SEC)

During 2013, the Company continued to take advantage of improved economic conditions and capital markets to improve the overall quality of properties in the Company's portfolio. In June 2013, the Company completed the disposition of two operating properties in Houston, Texas and realized gains totaling $18.6 million from the sales. The sale proceeds generated from the transactions have been used by the Company to provide additional capital for investment in the Company's ongoing development projects and to pay off the balance on the Company's revolving credit facility. The outstanding balance on the credit facility was related to prior capital contributions to the ongoing development projects. During 2013, the construction on two of the development projects was completed and lease up of both communities continued.  ... More ...  

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