Federal Realty Investment Trust (NYSE:FRT) to Issue Quarterly Dividend of $1.13

Federal Realty Investment Trust (NYSE:FRTGet Free Report) declared a quarterly dividend on Friday, May 1st. Stockholders of record on Wednesday, July 1st will be given a dividend of 1.13 per share by the real estate investment trust on Wednesday, July 15th. This represents a c) annualized dividend and a dividend yield of 3.9%. The ex-dividend date of this dividend is Wednesday, July 1st.

Federal Realty Investment Trust has raised its dividend payment by an average of 0.0%per year over the last three years and has raised its dividend every year for the last 58 years. Federal Realty Investment Trust has a payout ratio of 141.2% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities analysts expect Federal Realty Investment Trust to earn $7.80 per share next year, which means the company should continue to be able to cover its $4.52 annual dividend with an expected future payout ratio of 57.9%.

Federal Realty Investment Trust Trading Up 3.9%

Shares of FRT traded up $4.27 during midday trading on Friday, hitting $115.17. 1,832,817 shares of the stock were exchanged, compared to its average volume of 838,694. The firm has a market cap of $9.95 billion, a P/E ratio of 24.66, a P/E/G ratio of 4.86 and a beta of 0.92. The stock has a fifty day simple moving average of $107.88 and a 200 day simple moving average of $102.89. Federal Realty Investment Trust has a 52-week low of $89.99 and a 52-week high of $115.32. The company has a debt-to-equity ratio of 1.57, a quick ratio of 1.67 and a current ratio of 1.67.

Federal Realty Investment Trust (NYSE:FRTGet Free Report) last released its earnings results on Friday, May 1st. The real estate investment trust reported $1.88 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.73 by $1.15. The firm had revenue of $332.66 million during the quarter, compared to analyst estimates of $332.08 million. Federal Realty Investment Trust had a return on equity of 13.10% and a net margin of 32.14%.Federal Realty Investment Trust’s revenue was up 10.0% compared to the same quarter last year. During the same period last year, the business posted $1.70 earnings per share. Federal Realty Investment Trust has set its FY 2026 guidance at 7.460-7.550 EPS. On average, research analysts anticipate that Federal Realty Investment Trust will post 7.47 EPS for the current fiscal year.

About Federal Realty Investment Trust

(Get Free Report)

Federal Realty Investment Trust (NYSE: FRT) is a real estate investment trust specializing in the ownership, management, and redevelopment of high-quality retail, restaurant, and mixed-use properties. With a strategic focus on open-air shopping centers and lifestyle-oriented urban destinations, the company partners with leading national and regional retailers to curate environments that blend shopping, dining, entertainment, office, and residential uses. Its asset management capabilities extend from initial site selection and development through ongoing property operations and tenant relations.

Federal Realty’s portfolio comprises approximately 100 properties totaling more than 25 million square feet of gross leasable area.

Further Reading

Dividend History for Federal Realty Investment Trust (NYSE:FRT)

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