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

Franklin BSP Realty Trust, Inc. (NYSE:FBRT) announced a quarterly dividend on Wednesday, February 11th. Investors of record on Tuesday, March 31st will be paid a dividend of 0.20 per share on Friday, April 10th. This represents a c) dividend on an annualized basis and a dividend yield of 9.3%. The ex-dividend date is Tuesday, March 31st.

Franklin BSP Realty Trust has decreased its dividend by an average of 0.0%annually over the last three years. Franklin BSP Realty Trust has a dividend payout ratio of 103.6% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. 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 Trading Down 15.4%

Shares of NYSE:FBRT opened at $8.59 on Thursday. The firm has a market cap of $700.84 million, a price-to-earnings ratio of 10.74 and a beta of 0.98. The company’s fifty day simple moving average is $10.31 and its 200 day simple moving average is $10.61. Franklin BSP Realty Trust has a 12 month low of $8.56 and a 12 month high of $13.58. 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 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.