
Barnwell Industries, Inc. (BRN)
Barnwell Industries, Inc. (BRN) is a diversified company primarily involved in real estate investments, including oil and gas properties, commercial, and residential developments. Founded in 1956 and based in Honolulu, Hawaii, the company has a history of acquiring, developing, and managing properties, focusing on generating income from its real estate holdings and energy assets.
Dividend History
Pay Date | Amount | Ex-Date | Record Date |
---|---|---|---|
September 11, 2023 | $0.01 | 2023-08-23 | 2023-08-24 |
June 12, 2023 | $0.01 | 2023-05-24 | 2023-05-25 |
March 13, 2023 | $0.01 | 2023-02-22 | 2023-02-23 |
January 11, 2023 | $0.01 | 2022-12-23 | 2022-12-27 |
September 6, 2022 | $0.01 | 2022-08-22 | 2022-08-23 |
Dividends Summary
- Barnwell Industries, Inc. has issued 24 dividend payments over the past 19 years
- The most recent dividend was paid 773 days ago, on September 11, 2023
- The highest dividend payed out to investors during this period was $0.50 per share
- The average dividend paid during this period was $0.08 per share.
Company News
Barnwell Industries reported a challenging Q3 2025, with revenue dropping 29.2% to $3.19 million and a net loss of $1.55 million. The company sold all U.S. oil and gas assets, focusing future operations in Canada, while facing liquidity concerns and ongoing legal expenses.
Barnwell Industries reported a net loss for the second quarter of 2025 due to increased general and administrative expenses related to a shareholder consent solicitation and proxy contest, as well as a decrease in land investment segment operating results. The company also announced the sale of its water drilling subsidiary for $1,050,000.
The Dow Jones closed slightly higher on Tuesday. When insiders purchase or sell shares, it indicates their confidence or concern around the company's prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment or trading decision. Below is a look at a few recent notable insider transactions f...