Broadstone Net Lease's latest dividend of $0.29 per share was on Sep 30, 2024 (ex-date). The annualized dividend distribution of $1.15 per share represents a current dividend yield of 6.39%.
BNL has a dividend yield of 6.39% which is higher than the Real Estate sector average but lower than the industry average. In comparison with the Real Estate sector average of 6%, Broadstone Net Lease's dividend yield is 7% 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 3.6% for the last twelve months. But with the price of the stock up by 31% from a year ago, the dividend yield has decreased by 21%.
Ex-date | Amount | Yield (TTM) |
---|---|---|
Sep 30, 2024 | $0.29 | 6.07% |
Jun 28, 2024 | $0.29 | 7.18% |
Mar 27, 2024 | $0.285 | 7.32% |
Dec 28, 2023 | $0.285 | 6.41% |
Sep 28, 2023 | $0.28 | 7.86% |
Jun 29, 2023 | $0.28 | 7.06% |
Mar 30, 2023 | $0.275 | 6.5% |
Dec 29, 2022 | $0.275 | 6.63% |
Sep 29, 2022 | $0.27 | 7.01% |
Jun 29, 2022 | $0.27 | 5.1% |
Mar 30, 2022 | $0.265 | 4.73% |
Dec 30, 2021 | $0.265 | 4.18% |
Sep 29, 2021 | $0.255 | 4.05% |
Jun 29, 2021 | $0.255 | 3.82% |
Mar 30, 2021 | $0.25 | 3.49% |
Dec 30, 2020 | $0.25 | 1.98% |
Sep 29, 2020 | $0.135 | 0.8% |
BNL has a payout ratio of 136.9% 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 137.4%, Broadstone Net Lease's payout ratio is only 0.4% lower.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
BNL Broadstone Net Lease Inc | 6.31% | $1.15 | 136.9% |
NNN National Retail Properties Inc | 4.9% | $2.28 | 102.5% |
NHI National Health Investors Inc | 4.57% | $3.6 | 122.4% |
Yes, Broadstone Net Lease has been paying dividends for the last four years.
Broadstone Net Lease's last regular dividend was on Sep 30, 2024 (ex-date) with the amount of $0.29 per share.
BNL's annualized dividend per share is $1.15.
The current dividend yield of Broadstone Net Lease is 6.39%.
Broadstone Net Lease has a quarterly dividend frequency.
The dividend payout ratio of Broadstone Net Lease is 136.9%.
Broadstone Net Lease's dividend yield is higher than the Real Estate sector average.
Special dividends are included in TTM DPS and yield. Data from and Sharadar.