Brandywine Realty Trust Announces Common Quarterly Dividend, and Confirms First Quarter 2025 Earnings Release and Conference Call

Rhea-AI Summary

Brandywine Realty Trust (NYSE:BDN) has declared a quarterly cash dividend of $0.15 per common share and OP Unit, payable on April 17, 2025, to holders of record on April 3, 2025. The dividend equates to an annual rate of $0.60 per share.

The company will release its first quarter earnings after market close on April 22, 2025, followed by a conference call on April 23, 2025, at 9:00 a.m. Eastern Time.

Brandywine Realty Trust is a major publicly-traded REIT focusing on the Philadelphia and Austin markets. The company's portfolio includes 126 properties totaling 19.4 million square feet as of December 31, 2024.

Positive

• Maintains consistent quarterly dividend of $0.15 per share
• Large portfolio of 126 properties with 19.4 million square feet

Negative

• None.

Insights

Financial Analyst

The maintained quarterly dividend of $0.15 per share ($0.60 annually) represents a significant yield based on the current stock price, reflecting both opportunities and challenges in the current market environment. This dividend level suggests management's confidence in the company's cash flow generation capacity, particularly noteworthy given the headwinds facing office REITs.

The company's strategic focus on urban, town center, and transit-oriented properties in Philadelphia and Austin markets provides some insulation against broader office market challenges. These markets have shown relative resilience compared to other major metropolitan areas, though they're not immune to the ongoing shifts in office utilization patterns.

The timing of the first quarter earnings release in late April will be important for investors to assess the sustainability of this dividend level, particularly in light of key metrics such as funds from operations (FFO), occupancy rates, and lease renewal spreads. The maintained dividend level will require careful balance sheet management, especially considering the higher interest rate environment's impact on refinancing costs and property valuations in the commercial real estate sector.

PHILADELPHIA, Feb. 19, 2025 (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 April 17, 2025 to holders of record on April 3, 2025. The quarterly dividend is equivalent to an annual rate of $0.60 per share.

Conference Call and Audio Webcast

We will release our first quarter earnings after the market close on Tuesday, April 22, 2025, and will hold our first quarter conference call on Wednesday April 23, 2025 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 126 properties and 19.4 million square feet as of December 31, 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.

Company / Investor Contact:
	Tom Wirth EVP & CFO 610-832-7434 tom.wirth@bdnreit.com
	Heather Crowell Gregory FCA 215-316-6271 heather@gregoryfca.com

FAQ

What is Brandywine Realty Trust's (BDN) dividend payment for Q1 2025?

Brandywine Realty Trust announced a quarterly cash dividend of $0.15 per common share and OP Unit, payable on April 17, 2025, to holders of record on April 3, 2025.

What is BDN's annual dividend rate for 2025?

Brandywine Realty Trust's quarterly dividend of $0.15 per share equals an annual dividend rate of $0.60 per share.

When will Brandywine Realty Trust (BDN) release Q1 2025 earnings?

Brandywine Realty Trust will release its first quarter earnings after the market close on Tuesday, April 22, 2025.

How large is Brandywine Realty Trust's property portfolio as of December 2024?

As of December 31, 2024, Brandywine Realty Trust's portfolio comprises 126 properties totaling 19.4 million square feet.