Bluerock Residential Growth REIT, Inc. (BRG)

[SPORTSPROPHET]

Bluerock Residential Growth REIT (BRG) Announces Second Quarter Dividend on 8.250% Series A Cumulative Redeemable Preferred S...

NEW YORK, June 10, 2016 /PRNewswire/ -- Bluerock Residential Growth REIT, Inc. (NYSE MKT: BRG) (the "Company") today announced that its Board of Directors has authorized and the Company has declared a quarterly cash dividend on the Company's 8.250% Series A Cumulative Redeemable Preferred Stock (the "Series A Preferred Stock") for the second quarter of 2016, in the amount of $0.515625 per share (the "Series A Preferred Dividend").

The Series A Preferred Dividend will be payable in cash on Tuesday, July 5, 2016 to Series A Preferred Stockholders of record as of Friday, June 24, 2016.

The Company further announced today that its Board of Directors has authorized and the Company has declared a monthly cash dividend on the Company's Series B Redeemable Preferred Stock (the "Series B Preferred Stock") for the month of June 2016, in the amount of $5.00 per share (the "Series B Preferred Dividend").

The Series B Preferred Dividend will be payable in cash on Tuesday, July 5, 2016 to Series B Preferred Stockholders of record as of Friday, June 24, 2016.