Business
Dividend Announcement 2nd Quarter 2016
Dividend Announcement 2nd Quarter 2016.
About this update from Maxus Realty Trust, Inc.
[{"type":"text","content":"Maxus Realty Trust, Inc. Dividend\nNorth Kansas City, MO –March 22, 2016 – Maxus Realty Trust, Inc. (“MRTI”), a real estate investment trust with corporate headquarters located in North Kansas City, MO, announced today that the Board of Trustees approved and declared the regular monthly cash dividend of $0.25 per share of common stock for the 2nd quarter 2016. The dividend represents an annualized dividend of $3.00 per common share. \n \nThe Trustees have declared a $0.25 per share dividend on MRTI’s common stock payable on April 15, 2016, May 13, 2016 and June 15, 2016 to MRTI shareholders of record as of the close of trading March 31, 2016 and April 29, 2016 and May 31, 2016, respectively.\n \nMRTI is a real estate investment trust that is in the business of acquiring, investing, developing and redeveloping multifamily and commercial properties in Missouri, Arkansas, Oklahoma, Texas, Florida, Kansas, Mississippi, Louisiana and North Carolina. MRTI has ownership interests in 26 multifamily properties (6,972 apartment homes) and has 92,000 square feet of retail space. MRTI’s common stock is quoted on the OTC Pink market tier of the OTC Market, which operates an interdealer quotation system and electronic messaging service, called OTC Link®, for broker-dealers to trade OTC equity securities. Additional information about MRTI may be found at www.otcmarkets.com (symbol “MRTI”).\n \nMedia contact: Kelly Johnson, 816-805-5659, [email protected] \nInvestors contact: DeAnn Totta, 816-877-0812, [email protected]\n ","length":4792,"tagName":"div"}]