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 from April 1, 2021, to June 30, 2021. This dividend is payable on August 5, 2021 to stockholders of record as of July 16, 2021. The company focuses on value-oriented investments in U.S. Sunbelt and Mountain West office properties, aiming for long-term growth and current income. For more details, visit www.fspreit.com.

Positive

• Quarterly dividend of $0.09 per share provides income for shareholders.
• Focus on strategic office properties may lead to long-term growth and appreciation.

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 April 1, 2021 through June 30, 2021, payable on August 5, 2021 to stockholders of record as of July 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.

Source: Franklin Street Properties Corp.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210706005606/en/

FAQ

What is the dividend amount declared by FSP?

FSP declared a quarterly dividend of $0.09 per share.

When is the dividend payable for FSP?

The dividend is payable on August 5, 2021.

Who is eligible to receive the dividend from FSP?

Stockholders of record as of July 16, 2021, are eligible to receive the dividend.

What period does the declared dividend cover?

The declared dividend covers the period from April 1, 2021, to June 30, 2021.