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Friday, June 10, 2016 6:50:29 PM
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.
WE MUST DO WHAT WE MUST DO, FOR IF WE DON'T, WHAT WE THEN DO, DOES NOT GET DONE - SP
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