Franklin BSP Realty Trust, Inc. (NYSE:FBRT) Plans Quarterly Dividend of $0.20

Franklin BSP Realty Trust, Inc. (NYSE:FBRT) declared a quarterly dividend on Wednesday, February 11th. Stockholders of record on Tuesday, March 31st will be given a dividend of 0.20 per share on Friday, April 10th. This represents a c) annualized dividend and a dividend yield of 7.9%. The ex-dividend date is Tuesday, March 31st.

Franklin BSP Realty Trust has decreased its dividend by an average of 0.0%per year over the last three years. Franklin BSP Realty Trust has a payout ratio of 103.6% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Research analysts expect Franklin BSP Realty Trust to earn $1.49 per share next year, which means the company should continue to be able to cover its $1.42 annual dividend with an expected future payout ratio of 95.3%.

Franklin BSP Realty Trust Stock Down 1.2%

FBRT stock opened at $10.13 on Thursday. The business’s 50-day moving average price is $10.31 and its 200-day moving average price is $10.61. The stock has a market cap of $826.35 million, a P/E ratio of 12.66 and a beta of 0.98. The company has a quick ratio of 67.81, a current ratio of 67.81 and a debt-to-equity ratio of 3.32. Franklin BSP Realty Trust has a twelve month low of $9.65 and a twelve month high of $13.58.

Franklin BSP Realty Trust Company Profile

Franklin BSP Realty Trust, Inc (NYSE: FBRT) is a publicly traded real estate investment trust sponsored by an affiliate of Franklin Square Capital Partners. The company focuses on acquiring, owning and managing single-tenant net leased commercial properties across the United States. Its portfolio spans retail, office, industrial and other property types, with leases structured to shift most property‐level responsibilities—such as maintenance, property taxes and insurance—to the tenants.

By concentrating on net lease investments, Franklin BSP Realty Trust aims to generate stable and predictable rental income streams.