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

Brandywine Realty Trust (NYSE:BDN) declared a quarterly dividend on Thursday, May 28th. Shareholders 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) annualized dividend and a yield of 10.5%. The ex-dividend date is Wednesday, July 8th.

Brandywine Realty Trust has decreased its dividend payment by an average of 0.1%annually over the last three years. Brandywine Realty Trust has a 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. Equities 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 NYSE BDN opened at $3.05 on Friday. Brandywine Realty Trust has a 12 month low of $2.47 and a 12 month high of $4.63. The company has a market cap of $528.95 million, a P/E ratio of -2.65 and a beta of 1.30. The business’s 50 day moving average is $2.87 and its two-hundred day moving average is $3.02. The company has a quick ratio of 1.93, a current ratio of 1.93 and a debt-to-equity ratio of 3.55.

Brandywine Realty Trust (NYSE:BDN) last posted its quarterly earnings data on Thursday, April 23rd. The real estate investment trust reported ($0.28) earnings per share for the quarter, missing the consensus estimate of ($0.18) by ($0.10). The business had revenue of $127.00 million during 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%. On average, equities analysts expect that Brandywine Realty Trust will post 0.56 EPS for the current year.

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.