Franklin Street Properties Corp. Declares Quarterly Dividend

Rhea-AI Summary

Franklin Street Properties (NYSE American: FSP) has declared a quarterly dividend of $0.01 per share of common stock for the period October 1, 2024 through December 31, 2024. The dividend will be payable on February 13, 2025 to stockholders of record as of January 24, 2025.

Positive

• Maintains consistent dividend payment to shareholders
• Demonstrates ability to continue distributing cash to shareholders

Negative

• Low dividend amount of $0.01 per share indicates cash distribution to shareholders

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 October 1, 2024 through December 31, 2024, payable on February 13, 2025 to stockholders of record as of January 24, 2025.

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/20250110714009/en/

For Franklin Street Properties Corp.

Georgia Touma, 877-686-9496

Source: Franklin Street Properties Corp.

FAQ

What is the dividend amount for FSP's Q4 2024 payment?

FSP declared a quarterly dividend of $0.01 per share for Q4 2024.

When is FSP's Q4 2024 dividend payment date?

The Q4 2024 dividend will be paid on February 13, 2025.

What is the record date for FSP's latest dividend?

The record date for FSP's Q4 2024 dividend is January 24, 2025.

What period does FSP's latest dividend cover?

The dividend covers the period from October 1, 2024 through December 31, 2024.