Brandywine Realty Trust (NYSE:BDN) Plans Quarterly Dividend of $0.08

Brandywine Realty Trust (NYSE:BDN) declared a quarterly dividend on Wednesday, February 18th. Shareholders of record on Thursday, April 2nd will be given a dividend of 0.08 per share by the real estate investment trust on Thursday, April 16th. This represents a c) annualized dividend and a yield of 10.5%. The ex-dividend date of this dividend is Thursday, April 2nd.

Brandywine Realty Trust has decreased its dividend by an average of 0.1%annually over the last three years. Brandywine Realty Trust has a dividend payout ratio of -47.8% 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 Brandywine Realty Trust to earn $0.87 per share next year, which means the company should continue to be able to cover its $0.32 annual dividend with an expected future payout ratio of 36.8%.

Brandywine Realty Trust Price Performance

NYSE:BDN traded down $0.11 during trading hours on Thursday, reaching $3.05. 180,378 shares of the company were exchanged, compared to its average volume of 4,049,097. The company has a market capitalization of $528.92 million, a P/E ratio of -2.98 and a beta of 1.29. Brandywine Realty Trust has a 1-year low of $2.74 and a 1-year high of $5.09. The company has a debt-to-equity ratio of 3.20, a current ratio of 1.86 and a quick ratio of 2.14. The business has a 50 day moving average of $3.01 and a 200 day moving average of $3.55.

Brandywine Realty Trust Company Profile

Brandywine Realty Trust (NYSE: BDN) is an internally managed real estate investment trust (REIT) specializing in the acquisition, development, and management of office and mixed-use properties. Headquartered in Radnor, Pennsylvania, the company focuses on creating high‐quality, transit‐oriented workplaces that meet evolving tenant demands for sustainability, technological connectivity, and flexible design. Brandywine’s portfolio emphasizes Class A office space, often integrated with retail, residential or hospitality components to foster vibrant, live‐work‐play environments.

Since its founding in 1994, Brandywine has executed a strategy of disciplined property investment and targeted development.