JPMorgan BetaBuilders MSCI U.S. REIT ETF Announces $0.816 Quarterly Dividend
The JPMorgan BetaBuilders MSCI U.S. REIT ETF (BBRE) has declared a quarterly dividend of $0.816 per share, with a 30-day SEC yield of 3.62%. The payment is scheduled for September 24 to shareholders on record as of September 22, and the ex-dividend date is also set for September 22. The announcement comes amid mixed performance in real estate stocks during August, with some REITs like CBRE and BXP experiencing losses while others such as Host Hotels & Resorts saw gains. The broader market has been affected by rising expectations of interest rate hikes, which typically weigh on the real estate sector due to higher borrowing costs. Investors are advised to consider this dividend in light of BBRE's overall performance metrics, including its Dividend Scorecard and Yield Chart.
Tickers: $BXP
Topics: dividend ETF real estate