Franklin Street Properties Corp. Declares Quarterly Dividend

Rhea-AI Summary

Franklin Street Properties Corp. (NYSE American: FSP) has declared a quarterly dividend of $0.01 per share of common stock. This dividend covers the period from July 1, 2024, through September 30, 2024. The payment is scheduled for November 7, 2024, and will be distributed to stockholders of record as of October 18, 2024.

FSP encourages investors to visit their website at www.fspreit.com for additional information and news about the company. The Investor Relations section of the website is regularly updated with important information. Investors interested in receiving automatic updates can sign up for E-mail Alerts on the company's website.

Positive

• Consistent dividend payment, indicating financial stability
• Proactive investor communication through website and email alerts

Negative

• Low dividend amount of $0.01 per share may indicate financial constraints

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, 2024 through September 30, 2024, payable on November 7, 2024 to stockholders of record as of October 18, 2024.

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/20241004160443/en/

For Franklin Street Properties Corp.

Georgia Touma, 877-686-9496

Source: Franklin Street Properties Corp.

FAQ

What is the dividend amount for Franklin Street Properties Corp (FSP) for Q3 2024?

Franklin Street Properties Corp (FSP) has declared a quarterly dividend of $0.01 per share of common stock for the period July 1, 2024 through September 30, 2024.

When will FSP pay its Q3 2024 dividend?

FSP will pay its Q3 2024 dividend on November 7, 2024 to stockholders of record as of October 18, 2024.

What is the record date for FSP's Q3 2024 dividend?

The record date for FSP's Q3 2024 dividend is October 18, 2024.

How can investors stay updated on Franklin Street Properties Corp (FSP) news?

Investors can visit FSP's website at www.fspreit.com for news and information. They can also sign up for E-mail Alerts in the Investor Relations section of the website to receive automatic updates.