Franklin BSP Realty Trust, Inc., a real estate finance company, originates, acquires, and manages a portfolio of commercial real estate debt secured by properties located in the United States. The company also originates conduit loans; and invests in commercial real estate securities, as well as owns real estate acquired through foreclosure and deed in lieu of foreclosure, and purchased for investment. In addition, it invests in commercial real estate debt investments, which includes first mortgage loans, mezzanine loans, bridge loans, and other loans related to commercial real estate. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was formerly known as Benefit Street Partners Realty Trust, Inc. Franklin BSP Realty Trust, Inc. was incorporated in 2012 and is headquartered in New York, New York.
Franklin BSP Realty Trust Dividend Announcement
• Franklin BSP Realty Trust announced a quarterly dividend of $0.35 per ordinary share which will be made payable on 2024-10-10. Ex dividend date: 2024-09-30
• Franklin BSP Realty Trust annual dividend for 2024 was $1.06
• Franklin BSP Realty Trust annual dividend for 2023 was $1.42
• Franklin BSP Realty Trust's trailing twelve-month (TTM) dividend yield is 10.87%
• Franklin BSP Realty Trust's payout ratio for the trailing twelve months (TTM) is 152.63%
Franklin BSP Realty Trust Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-30 | $0.35 | quarterly | 2024-10-10 |
2024-06-28 | $0.35 | quarterly | 2024-07-10 |
2024-03-27 | $0.35 | quarterly | 2024-04-10 |
2023-12-28 | $0.35 | quarterly | 2024-01-10 |
2023-09-28 | $0.35 | quarterly | 2023-10-10 |
2023-06-29 | $0.35 | quarterly | 2023-07-10 |
2023-03-30 | $0.35 | quarterly | 2023-04-10 |
2022-12-29 | $0.35 | quarterly | 2023-01-11 |
2022-09-29 | $0.35 | quarterly | 2022-10-11 |
2022-06-29 | $0.35 | quarterly | 2022-07-11 |
2022-03-30 | $0.35 | quarterly | 2022-04-11 |
2021-12-30 | $0.28 | quarterly | 2022-01-10 |
Franklin BSP Realty Trust Dividend per year
Franklin BSP Realty Trust Dividend growth
Franklin BSP Realty Trust Dividend Yield
Franklin BSP Realty Trust current trailing twelve-month (TTM) dividend yield is 10.87%. Interested in purchasing Franklin BSP Realty Trust stock? Use our calculator to estimate your expected dividend yield:
Franklin BSP Realty Trust Financial Ratios
Franklin BSP Realty Trust Dividend FAQ
Other factors to consider when evaluating Franklin BSP Realty Trust as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Franklin BSP Realty Trust's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Franklin BSP Realty Trust publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Franklin BSP Realty Trust distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Franklin BSP Realty Trust are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Franklin BSP Realty Trust sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Franklin BSP Realty Trust distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Franklin BSP Realty Trust declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Franklin BSP Realty Trust's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Franklin BSP Realty Trust's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.