Bluerock Residential Growth REIT, Inc. (BRG)

[SPORTSPROPHET]

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

NEW YORK, June 12, 2017 /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 2017, in the amount of $0.515625 per share (the "Series A Preferred Dividend"). In addition, the Company has declared a quarterly cash dividend on its 7.625% Series C Cumulative Redeemable Preferred Stock (the "Series C Preferred Stock") for the second quarter of 2017, in the amount of $0.4765625 per share (the "Series C Preferred Dividend"). Further, the Company has declared a quarterly cash dividend on its 7.125% Series D Cumulative Preferred Stock (the "Series D Preferred Stock") for the second quarter of 2017, in the amount of $0.4453125 per share (the "Series D Preferred Dividend").

The Series A Preferred Dividend, the Series C Preferred Dividend and the Series D Preferred Dividend will each be payable in cash on Wednesday, July 5, 2017 to Series A Preferred Stockholders, Series C Preferred Stockholders and Series D Preferred Stockholders of record (respectively) as of Friday, June 23, 2017.