Reven Housing REIT, Inc. Initiates Quarterly Distribution
11 Outubro 2018 - 7:15AM
Business Wire
Reven Housing REIT, Inc. (the “Company”, “Reven”) (NASDAQ:
RVEN), an owner and operator of single-family residential
properties, today announced that its Board of Directors has decided
to initiate a quarterly distribution on the Company’s common stock
of $0.01 per share. The initial distribution is payable November
15, 2018 to stockholders of record on October 25, 2018. The
distribution represents an annual distribution rate of
approximately 1% based on the closing sale price of the Company’s
common stock on October 9, 2018.
Chad Carpenter, Chief Executive Officer of Reven Housing,
stated, “We are pleased that the Board of Directors approved the
initiation of a quarterly distribution. The distribution represents
an important milestone for our Company and allows us to share the
continued progress of the Company with our shareholders.”
About Reven Housing REIT, Inc.
Reven Housing REIT, Inc. (NASDAQ: RVEN) engages in the
acquisition and ownership of portfolios of occupied single-family
rental properties in the United States. Reven currently owns and
operates 826 single family rental properties in Alabama, Florida,
Georgia, Mississippi, Tennessee and Texas.
For more information, please visit
http://www.revenhousingreit.com/.
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version on businesswire.com: https://www.businesswire.com/news/home/20181011005199/en/
Investor Relations:ICR, Inc.Evelyn Infurna,
203-682-8265evelyn.infurna@icrinc.com
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