Broadstone Net Lease's latest quarterly dividend of $0.275 per share was on Dec 29, 2022 (ex-date). The annualized dividend distribution of $1.08 per share represents a current dividend yield of 6.07%. The latest BNL payment of $0.275 marks a dividend growth of 1.9%.
BNL has a dividend yield of 6.07% which is higher than the Real Estate sector and the industry average. But in comparison with the Real Estate sector average of 5.8%, Broadstone Net Lease's dividend yield is only 4.7% 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 5% for the last twelve months. And with the price of the stock down by 22% from a year ago, the dividend yield has an increase of 36%.
Ex-date | Payment date | Declared on | Amount | Type |
---|---|---|---|---|
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 152.1% which is higher than the Real Estate sector and the industry average. In comparison with the Real Estate sector average of 102.5%, Broadstone Net Lease's payout ratio is 48% higher.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
PDM Piedmont Office Realty Trust Inc | 7.99% | $0.84 | 262.5% |
BNL Broadstone Net Lease Inc | 6.07% | $1.08 | 152.1% |
PEB Pebblebrook Hotel Trust | 0.25% | $0.04 | N/A |
Yes, Broadstone Net Lease has been paying dividends for the last two 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 March 2023.
Broadstone Net Lease's last regular dividend was on Dec 29, 2022 (ex-date) with the amount of $0.275 per share.
BNL's annualized dividend per share is $1.08.
The current dividend yield of Broadstone Net Lease is 6.07%.
Broadstone Net Lease has a quarterly dividend frequency.
The dividend payout ratio of Broadstone Net Lease is 152.1%.
Broadstone Net Lease's dividend yield is in line with the Real Estate sector average.