Franklin Street Properties Corp. Declares Quarterly Dividend

Rhea-AI Summary

Franklin Street Properties Corp. (FSP) has declared a regular quarterly dividend of $0.09 per share for the period of October 1, 2020, to December 31, 2020. This dividend will be payable on February 18, 2021, to stockholders recorded by January 29, 2021. FSP focuses on infill and central business district office properties in the U.S. Sunbelt and Mountain West, seeking long-term growth alongside current income.

Positive

• Quarterly dividend declared at $0.09 per share, providing income for shareholders.
• Dividend payment demonstrates company confidence in financial stability.

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 October 1, 2020 through December 31, 2020, payable on February 18, 2021 to stockholders of record as of January 29, 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/20210115005395/en/

FAQ

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

The declared dividend amount is $0.09 per share.

When will the dividend for FSP be paid?

The dividend will be payable on February 18, 2021.

What is the record date for the FSP dividend?

The record date for the dividend is January 29, 2021.

How often does FSP pay dividends?

FSP pays dividends quarterly.

Is the dividend announced by FSP sustainable?

The PR does not provide information on the sustainability of the dividend.