NORTH KANSAS CITY, MO - 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 4th quarter. The dividend represents an annualized dividend of $3.00 per common share.
The Trustees have declared a $0.25 per share dividend on MRTI’s common stock payable on October 15, 2015, November 13, 2015 and December 15, 2015 to MRTI shareholders of record as of the close of trading September 30, 2015 and October 30, 2015 and November 30, 2015, respectively.
MRTI 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, Iowa and Kansas. MRTI has ownership interests in 23 multifamily properties (6,017 apartment homes) and has 40,412 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”).