Broadstone Net Lease's latest quarterly dividend of $0.28 per share was on Sep 28, 2023 (ex-date). The annualized dividend distribution of $1.11 per share represents a current dividend yield of 7.76%.
BNL has a dividend yield of 7.76% which is higher than the Real Estate sector and the industry average. In comparison with the Real Estate sector average of 7%, Broadstone Net Lease's dividend yield is 11% higher.
Broadstone Net Lease has a history of paying dividends since 2020. Our records of BNL show that the company has distributed four quarterly dividends in the past year. The annualized dividend per share has an increase of 3.7% for the last twelve months. And with the price of the stock down by 6% from a year ago, the dividend yield has an increase of 11%.
Ex-date | Payment date | Declared on | Amount | Type |
---|---|---|---|---|
Sep 28, 2023 | Oct 13, 2023 | Jul 27, 2023 | $0.28 | normal |
Jun 29, 2023 | Jul 14, 2023 | Apr 27, 2023 | $0.28 | normal |
Mar 30, 2023 | Apr 14, 2023 | Feb 22, 2023 | $0.275 | normal |
Dec 29, 2022 | Jan 15, 2023 | Nov 2, 2022 | $0.275 | normal |
Sep 29, 2022 | Oct 14, 2022 | Jul 28, 2022 | $0.27 | normal |
Jun 29, 2022 | Jul 15, 2022 | Apr 29, 2022 | $0.27 | normal |
Mar 30, 2022 | Apr 15, 2022 | Feb 17, 2022 | $0.265 | normal |
Dec 30, 2021 | Jan 15, 2022 | Oct 28, 2021 | $0.265 | normal |
Sep 29, 2021 | Oct 15, 2021 | Aug 3, 2021 | $0.255 | normal |
Jun 29, 2021 | Jul 15, 2021 | Apr 30, 2021 | $0.255 | normal |
Mar 30, 2021 | Apr 15, 2021 | Feb 19, 2021 | $0.25 | normal |
Dec 30, 2020 | Jan 15, 2021 | Nov 5, 2020 | $0.25 | normal |
BNL has a payout ratio of 124.7% which is higher than the industry average but lower than the Real Estate sector average. But in comparison with the Real Estate sector average of 128.6%, Broadstone Net Lease's payout ratio is only 3% lower.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
OPI Office Properties Income Trust | 39.02% | $1.6 | 727.3% |
OLP One Liberty Properties Inc | 9.54% | $1.8 | 137.4% |
BNL Broadstone Net Lease Inc | 7.76% | $1.11 | 124.7% |
Yes, Broadstone Net Lease has been paying dividends for the last three years.
BNL hasn't announced its next dividend date yet, but if we take into consideration its recent dividend history, it is likely that its next dividend will be in December 2023.
Broadstone Net Lease's last regular dividend was on Sep 28, 2023 (ex-date) with the amount of $0.28 per share.
BNL's annualized dividend per share is $1.11.
The current dividend yield of Broadstone Net Lease is 7.76%.
Broadstone Net Lease has a quarterly dividend frequency.
The dividend payout ratio of Broadstone Net Lease is 124.7%.
Broadstone Net Lease's dividend yield is higher than the Real Estate sector average.