Franklin Street Properties Corp. Declares Quarterly Dividend

Rhea-AI Summary

Franklin Street Properties Corp. (FSP) announced a quarterly dividend of $0.09 per share for the period of January 1, 2022 through March 31, 2022. This dividend will be payable on May 5, 2022 to stockholders on record as of April 15, 2022. The firm focuses on infill and central business district office properties primarily in the U.S. Sunbelt and Mountain West regions, aiming for value-oriented investments that promote long-term growth and current income.

Positive

• Quarterly dividend of $0.09 per share enhances shareholder income.
• Focus on long-term growth and appreciation indicates company confidence.

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 regular quarterly dividend of $0.09 per share of common stock for the period January 1, 2022 through March 31, 2022, payable on May 5, 2022 to stockholders of record as of April 15, 2022.

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/20220401005289/en/

For Franklin Street Properties Corp.

Georgia Touma, 877-686-9496

Source: Franklin Street Properties Corp.

FAQ

What is the dividend amount declared by FSP?

Franklin Street Properties Corp. declared a dividend of $0.09 per share.

When is the dividend payable for FSP?

The dividend is payable on May 5, 2022.

What is the record date for the FSP dividend?

The record date for the dividend is April 15, 2022.

What period does the FSP dividend cover?

The dividend covers the period from January 1, 2022, to March 31, 2022.