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Friday, October 12, 2018 2:33:31 PM
NEW YORK, Oct. 12, 2018 /PRNewswire/ -- 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 fourth quarter of 2018, equal to a quarterly rate of $15.00 per share (the "Series B Preferred Dividends").
(PRNewsfoto/Bluerock Residential Growth REI)
The Series B Preferred Dividends will be payable in cash as follows: $5.00 per share to be paid on Monday, November 5, 2018 to Series B Preferred stockholders of record as of Thursday, October 25, 2018; $5.00 per share to be paid on Wednesday, December 5, 2018 to Series B Preferred stockholders of record as of Friday, November 23, 2018; and $5.00 per share to be paid on Friday, January 4, 2019 to Series B Preferred stockholders of record as of Monday, December 24, 2018.
A SENSE OF ACCOMPLISHMENT IS WAY BETTER THAN A SENSE OF ENTITLEMENT - SP
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