Franklin Street Properties's last quarterly cash dividend of $0.01 per share was issued to shareholders on record before Oct 20, 2022. The dividend payment stands at $0.2 per share annually, which equates to a dividend yield of 6.52%.
Franklin Street Properties's dividend yield of 6.52% is higher than the Real Estate sector average but lower than the industry average. If we compare it with the Real Estate sector average of 5.56%, Franklin Street Properties's dividend yield is 17% higher. The historical 5-year average of FSP's dividend yield is 6.6%, which is in line with the current one.
Franklin Street Properties has been paying dividends for the last 17 years. According to our records FSP has distributed five dividends in the past year. This includes four regular and one special dividends. The annualized dividend per share has decreased by 45% for the last twelve months. However with the stock price down by 50% from a year ago, the dividend yield has increased by 10%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Oct 20, 2022 | Nov 10, 2022 | Oct 7, 2022 | $0.01 | normal |
| Jul 18, 2022 | Aug 11, 2022 | Jul 5, 2022 | $0.01 | normal |
| Apr 13, 2022 | May 5, 2022 | Apr 1, 2022 | $0.087 | normal |
| Jan 27, 2022 | Feb 17, 2022 | Jan 14, 2022 | $0.09 | normal |
| Dec 30, 2021 | Jan 12, 2022 | Dec 3, 2021 | $0.32 | special |
| Oct 21, 2021 | Nov 11, 2021 | Oct 8, 2021 | $0.09 | normal |
| Jul 15, 2021 | Aug 5, 2021 | Jul 6, 2021 | $0.09 | normal |
| Apr 15, 2021 | May 7, 2021 | Apr 2, 2021 | $0.09 | normal |
| Jan 28, 2021 | Feb 18, 2021 | Jan 15, 2021 | $0.09 | normal |
| Oct 22, 2020 | Nov 12, 2020 | Oct 9, 2020 | $0.09 | normal |
| Jul 16, 2020 | Aug 6, 2020 | Jul 6, 2020 | $0.09 | normal |
| Apr 16, 2020 | May 7, 2020 | Apr 3, 2020 | $0.09 | normal |
| Jan 23, 2020 | Feb 13, 2020 | Jan 10, 2020 | $0.09 | normal |
| Oct 24, 2019 | Nov 14, 2019 | Oct 11, 2019 | $0.09 | normal |
| Jul 18, 2019 | Aug 8, 2019 | Jul 5, 2019 | $0.09 | normal |
| Apr 17, 2019 | May 9, 2019 | Apr 5, 2019 | $0.09 | normal |
| Jan 24, 2019 | Feb 14, 2019 | Jan 11, 2019 | $0.09 | normal |
| Oct 18, 2018 | Nov 8, 2018 | Oct 5, 2018 | $0.09 | normal |
| Jul 19, 2018 | Aug 9, 2018 | Jul 6, 2018 | $0.09 | normal |
| Apr 19, 2018 | May 10, 2018 | Apr 6, 2018 | $0.09 | normal |
| Jan 18, 2018 | Feb 8, 2018 | Jan 5, 2018 | $0.19 | normal |
| Oct 19, 2017 | Nov 9, 2017 | Oct 6, 2017 | $0.19 | normal |
| Jul 19, 2017 | Aug 10, 2017 | Jul 7, 2017 | $0.19 | normal |
| Apr 19, 2017 | May 11, 2017 | Apr 7, 2017 | $0.19 | normal |
| Jan 18, 2017 | Feb 9, 2017 | Jan 6, 2017 | $0.19 | normal |
| Oct 19, 2016 | Nov 10, 2016 | Oct 7, 2016 | $0.19 | normal |
| Jul 20, 2016 | Aug 11, 2016 | Jul 8, 2016 | $0.19 | normal |
Franklin Street Properties's payout ratio of 25.3% is below the Real Estate sector and the industry average. If we compare it with its Real Estate sector average of 101.1%, Franklin Street Properties's payout ratio is 75% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| FSP Franklin Street Properties Corp | 6.52% | $0.2 | 25.3% |
| CTRE CareTrust REIT Inc | 5.39% | $1.09 | N/A |
| NSA National Storage Affiliates Trust | 5.23% | $2.05 | 220.4% |
| EXR Extra Space Storage Inc | 3.62% | $5.75 | 83.2% |
Yes, Franklin Street Properties has been paying dividends for the last 17 years.
FSP hasn't announced its next dividend date yet, but if we take into consideration its recent dividend frequency, it is likely that its next dividend will be in January 2023.
Franklin Street Properties's last regular dividend was on Oct 20, 2022 (ex-date) with the amount of $0.01 per share.
FSP's annualized dividend per share is $0.2.
Franklin Street Properties's current dividend yield is 6.52%.
Franklin Street Properties has a quarterly dividend frequency.
The dividend payout ratio of Franklin Street Properties is 25.3%.
Franklin Street Properties's dividend yield is more than the Real Estate sector average.