Franklin BSP Realty Trust, Inc. Announces First Quarter 2023 Common Stock Dividend of $0.355 Per Share and Series E Cumulative Redeemable Preferred Stock Dividend of $0.46875 Per Share
Franklin BSP Realty Trust, Inc. (NYSE: FBRT) has declared a first quarter 2023 dividend of $0.355 per common share, payable on April 10, 2023, to stockholders of record by March 31, 2023. Additionally, a dividend of $0.46875 per share on its 7.50% Series E Cumulative Redeemable Preferred Stock (NYSE: FBRTPRE) will be paid on April 17, 2023. As of December 31, 2022, FBRT reported approximately $6.2 billion in assets and is externally managed by Benefit Street Partners L.L.C.
- Declared dividend of $0.355 per common share for Q1 2023, enhancing income for shareholders.
- Series E Preferred Stock dividend of $0.46875, showing commitment to preferred shareholders.
- None.
FBRT’s Board of Directors also declared a first quarter 2023 dividend of
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Forward-Looking Statements
Certain statements included in this press release are forward-looking statements. Those statements include statements regarding the intent, belief or current expectations of the Company and members of our management team, as well as the assumptions on which such statements are based, and generally are identified by the use of words such as "may," "will," "seeks," "anticipates," "believes," "estimates," "expects," "plans," "intends," "should" or similar expressions. Actual results may differ materially from those contemplated by such forward-looking statements. Further, forward-looking statements speak only as of the date they are made, and we undertake no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results over time, unless required by law.
The Company's forward-looking statements are subject to various risks and uncertainties, including but not limited to the risks and important factors contained and identified in the Company’s filings with the
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Investor Relations Contact:
l.crabbe@benefitstreetpartners.com
(214) 874-2339
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