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, June 17th. Investors of record on Tuesday, June 30th will be paid a dividend of 0.20 per share on Friday, July 10th. This represents a c) dividend on an annualized basis and a yield of 9.8%. The ex-dividend date of this dividend is Tuesday, June 30th.

Franklin BSP Realty Trust has decreased its dividend payment by an average of 0.0%per year over the last three years. Franklin BSP Realty Trust has a dividend payout ratio of 58.4% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Franklin BSP Realty Trust to earn $1.02 per share next year, which means the company should continue to be able to cover its $0.80 annual dividend with an expected future payout ratio of 78.4%.

Franklin BSP Realty Trust Trading Down 2.7%

Shares of FBRT stock opened at $8.20 on Thursday. The firm has a market capitalization of $630.69 million, a P/E ratio of 16.07 and a beta of 0.92. Franklin BSP Realty Trust has a twelve month low of $8.12 and a twelve month high of $11.84. The company has a quick ratio of 90.06, a current ratio of 90.06 and a debt-to-equity ratio of 3.74. The stock’s fifty day simple moving average is $8.75 and its 200 day simple moving average is $9.39.

Franklin BSP Realty Trust (NYSE:FBRT) last issued its quarterly earnings data on Wednesday, April 29th. The company reported $0.09 earnings per share for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.13). The firm had revenue of $74.38 million for the quarter, compared to the consensus estimate of $73.09 million. Franklin BSP Realty Trust had a return on equity of 6.46% and a net margin of 24.26%. As a group, sell-side analysts predict that Franklin BSP Realty Trust will post 0.72 EPS for the current fiscal year.

About Franklin BSP Realty Trust

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.