Franklin Street Properties Corp. Declares Quarterly Dividend

Rhea-AI Summary

Franklin Street Properties Corp. (FSP) has declared a quarterly dividend of $0.09 per share for the period January 1, 2021 to March 31, 2021. This dividend is payable on May 7, 2021, to stockholders recorded as of April 16, 2021. The company focuses on infill and CBD office properties, aiming for long-term growth and current income. FSP operates as a real estate investment trust (REIT) for federal income tax purposes.

Positive

• Declared a quarterly dividend of $0.09 per share.
• Focus on long-term growth and current income for shareholders.

Negative

• None.

Franklin Street Properties Corp. (“FSP”, “our” or “we”) (NYSE American: FSP) announced today that its Board of Directors declared a regular quarterly dividend of $0.09 per share of common stock for the period January 1, 2021 through March 31, 2021, payable on May 7, 2021 to stockholders of record as of April 16, 2021.

This press release, along with other news about FSP, is available on the Internet at www.fspreit.com. We routinely post information that may be important to investors in the Investor Relations section of our website. We encourage investors to consult that section of our website regularly for important information about us and, if they are interested in automatically receiving news and information as soon as it is posted, to sign up for E-mail Alerts.

About Franklin Street Properties Corp.

Franklin Street Properties Corp., based in Wakefield, Massachusetts, is focused on infill and central business district (CBD) office properties in the U.S. Sunbelt and Mountain West, as well as select opportunistic markets. FSP seeks value-oriented investments with an eye towards long-term growth and appreciation, as well as current income. FSP is a Maryland corporation that operates in a manner intended to qualify as a real estate investment trust (REIT) for federal income tax purposes. To learn more about FSP please visit our website at www.fspreit.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210402005212/en/

FAQ

What is the dividend amount declared by Franklin Street Properties Corp. (FSP)?

FSP declared a quarterly dividend of $0.09 per share.

When will the dividend be paid to shareholders?

The dividend will be paid on May 7, 2021.

What is the record date to receive the dividend from FSP?

The record date for the dividend is April 16, 2021.

What is the focus of Franklin Street Properties Corp. (FSP)?

FSP focuses on infill and CBD office properties in opportunistic markets across the U.S.