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Brandywine Realty Trust Announces Common Quarterly Dividend, and Confirms Third Quarter 2024 Earnings Release and Conference Call

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Brandywine Realty Trust (NYSE:BDN) has announced a quarterly cash dividend of $0.15 per common share and OP Unit, payable on October 24, 2024, to holders of record on October 9, 2024. This dividend is equivalent to an annual rate of $0.60 per share. The company will release its third quarter earnings after market close on October 22, 2024, followed by a conference call on October 23, 2024, at 9:00 a.m. Eastern Time.

Brandywine Realty Trust is a publicly traded, full-service, integrated real estate company focusing on the Philadelphia and Austin markets. As of June 30, 2024, the company owns, develops, leases, and manages an urban, town center, and transit-oriented portfolio comprising 156 properties and 22.3 million square feet.

Brandywine Realty Trust (NYSE:BDN) ha annunciato un dividendo mensile in contante di $0,15 per azione ordinaria e per unità OP, che sarà pagato il 24 ottobre 2024, a favore dei detentori registrati il 9 ottobre 2024. Questo dividendo corrisponde a un tasso annuale di $0,60 per azione. L'azienda rilascerà i propri risultati del terzo trimestre dopo la chiusura del mercato il 22 ottobre 2024, seguito da una conferenza telefonica il 23 ottobre 2024, alle 9:00 ora orientale.

Brandywine Realty Trust è una società immobiliare integrata e a servizio completo quotata in borsa, che si concentra sui mercati di Filadelfia e Austin. Al 30 giugno 2024, l'azienda possiede, sviluppa, affitta e gestisce un portafoglio urbano, incentrato sul centro città e orientato ai trasporti, composto da 156 proprietà e 22,3 milioni di piedi quadrati.

Brandywine Realty Trust (NYSE:BDN) ha anunciado un dividendo en efectivo trimestral de $0.15 por acción común y unidad OP, que se pagará el 24 de octubre de 2024, a los titulares registrados el 9 de octubre de 2024. Este dividendo equivale a una tasa anual de $0.60 por acción. La compañía publicará sus resultados del tercer trimestre después del cierre del mercado el 22 de octubre de 2024, seguido de una conferencia telefónica el 23 de octubre de 2024, a las 9:00 a.m. hora del Este.

Brandywine Realty Trust es una empresa de bienes raíces integrada y de servicio completo que cotiza en bolsa y se centra en los mercados de Filadelfia y Austin. A partir del 30 de junio de 2024, la empresa posee, desarrolla, alquila y gestiona un portafolio urbano, centrado en el centro de la ciudad y orientado al tránsito, que comprende 156 propiedades y 22.3 millones de pies cuadrados.

브랜디와인 리얼티 트러스트 (NYSE:BDN)는 보통주 및 OP 유닛 당 분기 현금 배당금으로 $0.15를 발표했습니다. 이 배당금은 2024년 10월 24일에 지급되며, 2024년 10월 9일 기준의 주주에게 지급됩니다. 이 배당금은 주당 연율 $0.60에 해당합니다. 회사는 2024년 10월 22일 시장 마감 후에 3분기 실적을 발표하며, 그 후 2024년 10월 23일 동부 시간 기준 오전 9:00에 컨퍼런스 콜을 진행합니다.

브랜디와인 리얼티 트러스트는 필라델피아와 오스틴 시장에 집중하는 상장된 종합 부동산 회사입니다. 2024년 6월 30일 현재 회사는 156개 부동산과 2,230만 평방피트의 도시, 중심가 및 대중교통 중심 부동산 포트폴리오를 소유, 개발, 임대 및 관리하고 있습니다.

Brandywine Realty Trust (NYSE:BDN) a annoncé un dividende trimestriel en espèces de 0,15 $ par action ordinaire et par unité OP, payable le 24 octobre 2024, aux détenteurs enregistrés au 9 octobre 2024. Ce dividende équivaut à un taux annuel de 0,60 $ par action. La société publiera ses résultats du troisième trimestre après la fermeture du marché le 22 octobre 2024, suivis d'une conférence téléphonique le 23 octobre 2024 à 9h00 heure de l'Est.

Brandywine Realty Trust est une société immobilière intégrée et de services complets cotée en bourse, axée sur les marchés de Philadelphie et d'Austin. Au 30 juin 2024, la société possède, développe, loue et gère un portefeuille urbain, axé sur le centre-ville et orienté vers les transports, comprenant 156 propriétés et 22,3 millions de pieds carrés.

Brandywine Realty Trust (NYSE:BDN) hat eine vierteljährliche Barausschüttung von $0,15 pro Stammaktie und OP-Einheit angekündigt, die am 24. Oktober 2024 an die am 9. Oktober 2024 eingetragenen Aktionäre zahlbar ist. Diese Dividende entspricht einem Jahreszins von $0,60 pro Aktie. Das Unternehmen wird seine Ergebnisse des dritten Quartals nach Börsenschluss am 22. Oktober 2024 veröffentlichen, gefolgt von einer Telefonkonferenz am 23. Oktober 2024 um 9:00 Uhr (Eastern Time).

Brandywine Realty Trust ist ein börsennotiertes, integriertes Immobilienunternehmen mit vollem Service, das sich auf die Märkte in Philadelphia und Austin konzentriert. Zum 30. Juni 2024 besitzt, entwickelt, vermietet und verwaltet das Unternehmen ein städtisches, stadträumliches und verkehrsorientiertes Portfolio, das 156 Immobilien und 22,3 Millionen Quadratfuß umfasst.

Positive
  • Consistent quarterly dividend of $0.15 per share maintained
  • Large portfolio of 156 properties and 22.3 million square feet
Negative
  • None.

PHILADELPHIA, Sept. 25, 2024 (GLOBE NEWSWIRE) -- Brandywine Realty Trust (NYSE:BDN) announced today that its Board of Trustees has declared a quarterly cash dividend of $0.15 per common share and OP Unit payable on October 24, 2024 to holders of record on October 9, 2024. The quarterly dividend is equivalent to an annual rate of $0.60 per share.

Conference Call and Audio Webcast

We will release our third quarter earnings after the market close on Tuesday October 22, 2024 and will hold our third quarter conference call on Wednesday October 23, 2024 at 9:00 a.m. Eastern Time. To access the conference call by phone, please visit this link here, and you will be provided with dial in details. A live webcast of the conference call will also be available on the Investor Relations page of our website at www.brandywinerealty.com.

About Brandywine Realty Trust

Brandywine Realty Trust (NYSE: BDN) is one of the largest, publicly traded, full-service, integrated real estate companies in the United States with a core focus in the Philadelphia and Austin markets. Organized as a real estate investment trust (REIT), we own, develop, lease and manage an urban, town center and transit-oriented portfolio comprising 156 properties and 22.3 million square feet as of June 30, 2024. Our purpose is to shape, connect and inspire the world around us through our expertise, the relationships we foster, the communities in which we live and work, and the history we build together. For more information, please visit www.brandywinerealty.com.

Forward-Looking Statements

This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements can generally be identified by our use of forward-looking terminology such as “will,” “strategy,” “expects,” “seeks,” “believes,” “potential,” or other similar words. Because such statements involve known and unknown risks, uncertainties and contingencies, actual results may differ materially from the expectations, intentions, beliefs, plans or predictions of the future expressed or implied by such forward-looking statements. These forward-looking statements, including our 2024 guidance, are based upon the current beliefs and expectations of our management and are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are difficult to predict and not within our control. Such risks, uncertainties and contingencies include, among others: risks related to the impact of other potential future outbreaks of infectious diseases on our financial condition, results of operations and cash flows and those of our tenants as well as on the economy and real estate and financial markets; reduced demand for office space and pricing pressures, including from competitors, that could limit our ability to lease space or set rents at expected levels or that could lead to declines in rent; uncertainty and volatility in capital and credit markets, including changes that reduce availability, and increase costs, of capital or that delay receipt of future debt financings and refinancings; the effect of inflation and interest rate fluctuations, including on the costs of our planned debt financings and refinancings; the potential loss or bankruptcy of tenants or the inability of tenants to meet their rent and other lease obligations; risks of acquisitions and dispositions, including unexpected liabilities and integration costs; delays in completing, and cost overruns incurred in connection with, our developments and redevelopments; disagreements with joint venture partners; unanticipated operating and capital costs; uninsured casualty losses and our ability to obtain adequate insurance, including coverage for terrorist acts; additional asset impairments; our dependence upon certain geographic markets; changes in governmental regulations, tax laws and rates and similar matters; unexpected costs of REIT qualification compliance; costs and disruptions as the result of a cybersecurity incident or other technology disruption; reliance on key personnel; and failure to maintain an effective system of internal control, including internal control over financial reporting. The declaration and payment of future dividends (both timing and amount) is subject to the determination of our Board of Trustees, in its sole discretion, after considering various factors, including our financial condition, historical and forecast operating results, and available cash flow, as well as any applicable laws and contractual covenants and any other relevant factors. Our Board’s practice regarding declaration of dividends may be modified at any time and from time to time. Additional information on factors which could impact us and the forward-looking statements contained herein are included in our filings with the Securities and Exchange Commission, including our Form 10-K for the year ended December 31, 2023. We assume no obligation to update or supplement forward-looking statements that become untrue because of subsequent events except as required by law.

Company / Investor Contact:

Tom Wirth
EVP & CFO
610-832-7434
tom.wirth@bdnreit.com


FAQ

What is Brandywine Realty Trust's (BDN) quarterly dividend for Q3 2024?

Brandywine Realty Trust (BDN) has declared a quarterly cash dividend of $0.15 per common share and OP Unit for Q3 2024.

When will Brandywine Realty Trust (BDN) release its Q3 2024 earnings?

Brandywine Realty Trust (BDN) will release its third quarter 2024 earnings after the market close on Tuesday, October 22, 2024.

What is the date and time of Brandywine Realty Trust's (BDN) Q3 2024 earnings conference call?

Brandywine Realty Trust (BDN) will hold its Q3 2024 earnings conference call on Wednesday, October 23, 2024, at 9:00 a.m. Eastern Time.

How many properties does Brandywine Realty Trust (BDN) own as of June 30, 2024?

As of June 30, 2024, Brandywine Realty Trust (BDN) owns a portfolio comprising 156 properties and 22.3 million square feet.

Brandywine Realty Trust

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