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 of common stock for the period January 1, 2023 to March 31, 2023. This dividend will be paid on May 11, 2023 to stockholders of record as of April 21, 2023. FSP focuses on infill and central business district office properties in the U.S. Sunbelt and Mountain West regions, targeting value-oriented investments. The corporation aims for long-term growth and current income, operating under the structure of a real estate investment trust (REIT).

Positive

• Quarterly dividend declared at $0.01 per share.
• Dividend payment date set for May 11, 2023, indicating continued shareholder returns.

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 January 1, 2023 through March 31, 2023, payable on May 11, 2023 to stockholders of record as of April 21, 2023.

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/20230407005099/en/

For Franklin Street Properties Corp.

Georgia Touma, 877-686-9496

Source: Franklin Street Properties Corp.

FAQ

What is the dividend amount for FSP for Q1 2023?

The quarterly dividend amount for FSP for Q1 2023 is $0.01 per share.

When will the FSP dividend be paid?

The FSP dividend will be paid on May 11, 2023.

What is the record date for the FSP dividend?

The record date for the FSP dividend is April 21, 2023.

What is Franklin Street Properties Corp. focused on?

Franklin Street Properties Corp. focuses on infill and central business district office properties in the U.S. Sunbelt and Mountain West regions.