Franklin Street Properties Corp. Declares Quarterly Dividend

Rhea-AI Summary

Franklin Street Properties Corp. (FSP) has declared a quarterly dividend of $0.01 per share for the period from July 1, 2022 to September 30, 2022. This dividend is payable on November 10, 2022 to stockholders of record as of October 21, 2022. The company focuses on infill and central business district office properties in the U.S. Sunbelt and Mountain West regions, seeking long-term growth and current income as a real estate investment trust (REIT).

Positive

• Quarterly dividend of $0.01 declared, supporting shareholder income.
• Focus on value-oriented investments indicates potential for long-term growth.

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 July 1, 2022 through September 30, 2022, payable on November 10, 2022 to stockholders of record as of October 21, 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/20221007005386/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. (FSP) declared a quarterly dividend of $0.01 per share.

When will the dividend be paid to shareholders of FSP?

The dividend will be paid on November 10, 2022.

What is the record date for the FSP dividend?

The record date for the FSP dividend is October 21, 2022.

What is the duration of the dividend period for FSP?

The dividend period for FSP is from July 1, 2022, to September 30, 2022.