Bluerock Residential Growth REIT, Inc. (BRG)

[SPORTSPROPHET]

Bluerock Residential Growth REIT (BRG) Announces Second Quarter 2018 Series B Preferred Stock Dividends

1:00 pm ET April 13, 2018 (PR Newswire)


Bluerock Residential Growth REIT, Inc. (NYSE American: BRG) (the "Company") today announced that its Board of Directors has authorized and the Company has declared monthly cash dividends on the Company's Series B Redeemable Preferred Stock (the "Series B Preferred Stock") for the second quarter of 2018, equal to a quarterly rate of $15.00 per share (the "Series B Preferred Dividends").

https://mma.prnewswire.com/media/544125/BRG_Logo.jpg

The Series B Preferred Dividends will be payable in cash as follows: $5.00 per share to be paid on Friday, May 4, 2018 to Series B Preferred stockholders of record as of Wednesday, April 25, 2018; $5.00 per share to be paid on Tuesday, June 5, 2018 to Series B Preferred stockholders of record as of Friday, May 25, 2018; and $5.00 per share to be paid on Thursday, July 5, 2018 to Series B Preferred stockholders of record as of Monday, June 25, 2018.

About Bluerock Residential Growth REIT, Inc. Bluerock Residential Growth REIT, Inc. (NYSE American: BRG) is a real estate investment trust that focuses on developing and acquiring a diversified portfolio of institutional-quality highly amenitized live/work/play apartment communities in demographically attractive knowledge economy growth markets to appeal to the renter by choice. The Company's objective is to generate value through off-market/relationship-based transactions and, at the asset level, through Core+ improvements to properties and to operations. The Company is included in the Russell 2000 and Russell 3000 Indexes. BRG has elected to be taxed as a real estate investment trust (REIT) for U.S. federal income tax purposes.

For more information, please visit our website at: www.bluerockresidential.com.