Saul Centers's most recent quarterly dividend payment of $0.59 per share was made to shareholders on record before Oct 13, 2023. The payout stands at $2.36 per share annually, which works out to a dividend yield of 5.97%.
BFS has a dividend yield of 5.97% which is higher than the industry average but lower than the Real Estate sector average. In comparison with the Real Estate sector average of 6.54%, Saul Centers's dividend yield is 9% lower. Historically BFS's dividend yield has averaged at 5.4% in the last 5 years, which is lower than the current one.
Saul Centers has been paying dividends for the last 29 years. According to our data BFS has issued four quarterly dividends in the last twelve months. The annualized DPS marks an increase of 1.7% for the last year. And since the stock price has gone down by 4.3% from a year ago, the dividend yield marks an increase of 6%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Oct 13, 2023 | Oct 31, 2023 | Sep 21, 2023 | $0.59 | normal |
| Jul 14, 2023 | Jul 31, 2023 | Jun 22, 2023 | $0.59 | normal |
| Apr 14, 2023 | Apr 28, 2023 | Mar 9, 2023 | $0.59 | normal |
| Jan 13, 2023 | Jan 31, 2023 | Dec 9, 2022 | $0.59 | normal |
| Oct 14, 2022 | Oct 31, 2022 | Sep 22, 2022 | $0.59 | normal |
| Jul 14, 2022 | Jul 29, 2022 | Jun 23, 2022 | $0.59 | normal |
| Apr 13, 2022 | Apr 29, 2022 | Mar 9, 2022 | $0.57 | normal |
| Jan 13, 2022 | Jan 31, 2022 | Dec 9, 2021 | $0.57 | normal |
| Oct 14, 2021 | Oct 29, 2021 | Sep 23, 2021 | $0.55 | normal |
| Jul 15, 2021 | Jul 30, 2021 | Jun 25, 2021 | $0.55 | normal |
| Apr 14, 2021 | Apr 30, 2021 | Mar 11, 2021 | $0.53 | normal |
| Jan 14, 2021 | Jan 29, 2021 | Dec 10, 2020 | $0.53 | normal |
| Oct 15, 2020 | Oct 30, 2020 | Sep 17, 2020 | $0.53 | normal |
| Jul 16, 2020 | Jul 31, 2020 | Jun 19, 2020 | $0.53 | normal |
| Apr 15, 2020 | Apr 30, 2020 | Mar 12, 2020 | $0.53 | normal |
| Jan 16, 2020 | Jan 31, 2020 | Dec 5, 2019 | $0.53 | normal |
| Oct 16, 2019 | Oct 31, 2019 | Sep 19, 2019 | $0.53 | normal |
| Jul 16, 2019 | Jul 31, 2019 | Jun 27, 2019 | $0.53 | normal |
| Apr 15, 2019 | Apr 30, 2019 | Mar 14, 2019 | $0.53 | normal |
| Jan 16, 2019 | Jan 31, 2019 | Dec 6, 2018 | $0.53 | normal |
| Oct 16, 2018 | Oct 31, 2018 | Sep 20, 2018 | $0.52 | normal |
| Jul 16, 2018 | Jul 31, 2018 | Jun 21, 2018 | $0.52 | normal |
| Apr 13, 2018 | Apr 30, 2018 | Mar 15, 2018 | $0.52 | normal |
| Jan 16, 2018 | Jan 31, 2018 | Dec 8, 2017 | $0.52 | normal |
| Oct 16, 2017 | Oct 21, 2017 | Sep 21, 2017 | $0.51 | normal |
| Jul 13, 2017 | Jul 31, 2017 | Jun 22, 2017 | $0.51 | normal |
| Apr 11, 2017 | Apr 28, 2017 | Mar 17, 2017 | $0.51 | normal |
| Jan 12, 2017 | Jan 31, 2017 | Dec 9, 2016 | $0.51 | normal |
| Oct 12, 2016 | Oct 28, 2016 | Sep 22, 2016 | $0.47 | normal |
| Jul 13, 2016 | Jul 29, 2016 | Jun 23, 2016 | $0.47 | normal |
| Apr 13, 2016 | Apr 29, 2016 | $0.47 | normal |
BFS has a payout ratio of 140.5% which is higher than the industry average but lower than the Real Estate sector average. If we compare it with the Real Estate sector average of 149.6%, Saul Centers's payout ratio is 6% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| SRC Spirit Realty Capital Inc | 6.33% | $2.66 | 151.9% |
| BFS Saul Centers Inc | 6.02% | $2.36 | 140.5% |
| FDX Fedex Corp | 1.8% | $4.82 | 29.2% |
Yes, Saul Centers has been paying dividends for the last 29 years.
BFS hasn't announced its next dividend date yet, however if we take into account its recent dividend schedule, it is likely that its next dividend will be in January 2024.
Saul Centers's last regular dividend was on Oct 13, 2023 (ex-date) with the amount of $0.59 per share.
BFS has paid dividend of $2.36 per share in the last year.
The current dividend yield of Saul Centers is 5.97%.
Saul Centers pays dividends quarterly.
The dividend payout ratio of Saul Centers is 140.5%.
Saul Centers's dividend yield is lower than the Real Estate sector average.