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

Brandywine Realty Trust (NYSE:BDN) announced a quarterly dividend on Thursday, May 28th. Stockholders of record on Wednesday, July 8th will be paid a dividend of 0.08 per share by the real estate investment trust on Wednesday, July 22nd. This represents a c) dividend on an annualized basis and a dividend yield of 10.5%. The ex-dividend date of this dividend is Wednesday, July 8th.

Brandywine Realty Trust has decreased its dividend by an average of 0.1%per year over the last three years. Brandywine Realty Trust has a dividend payout ratio of -47.8% 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 Brandywine Realty Trust to earn $0.61 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 52.5%.

Brandywine Realty Trust Stock Performance

Shares of BDN opened at $3.05 on Friday. The company has a market cap of $528.95 million, a PE ratio of -2.65 and a beta of 1.30. The company has a current ratio of 1.93, a quick ratio of 1.93 and a debt-to-equity ratio of 3.55. The stock has a 50-day moving average price of $2.87 and a 200-day moving average price of $3.02. Brandywine Realty Trust has a 12-month low of $2.47 and a 12-month high of $4.63.

Brandywine Realty Trust (NYSE:BDN) last issued its quarterly earnings results on Thursday, April 23rd. The real estate investment trust reported ($0.28) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.18) by ($0.10). The business had revenue of $127.00 million for the quarter, compared to the consensus estimate of $110.27 million. Brandywine Realty Trust had a negative net margin of 40.79% and a negative return on equity of 24.45%. As a group, equities analysts forecast that Brandywine Realty Trust will post 0.56 earnings per share for the current fiscal year.

About Brandywine Realty Trust

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.