Franklin Street Properties Corp. Declares Quarterly Dividend

Rhea-AI Summary

Franklin Street Properties Corp. (FSP) announced a quarterly dividend of $0.01 per share for the period from October 1, 2022 to December 31, 2022. This dividend is payable on February 16, 2023 to stockholders who are on record as of January 27, 2023. FSP focuses on value-oriented investments in infill and central business district office properties across the U.S. Sunbelt and Mountain West regions, operating as a Real Estate Investment Trust (REIT).

Positive

• Declared quarterly dividend of $0.01 per share.
• Dividend payable on February 16, 2023, represents ongoing income for shareholders.

Negative

• None.

WAKEFIELD, Mass.--(BUSINESS WIRE)-- Franklin Street Properties Corp. (“FSP”, “our” or “we”) (NYSE American: FSP) announced today that its Board of Directors declared a quarterly dividend of $0.01 per share of common stock for the period October 1, 2022 through December 31, 2022, payable on February 16, 2023 to stockholders of record as of January 27, 2023.

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/20230113005315/en/

For Franklin Street Properties Corp.

Georgia Touma, 877-686-9496

Source: Franklin Street Properties Corp.

FAQ

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

Franklin Street Properties Corp. declared a quarterly dividend of $0.01 per share.

When is the dividend payment date for FSP?

The dividend payment date for FSP is February 16, 2023.

What is the record date for FSP's dividend?

The record date for FSP's dividend is January 27, 2023.

What period does the FSP dividend cover?

The FSP dividend covers the period from October 1, 2022, to December 31, 2022.

What type of properties does Franklin Street Properties focus on?

Franklin Street Properties focuses on infill and central business district office properties in the U.S. Sunbelt and Mountain West.