Franklin Street Properties Corp. Declares Quarterly Dividend

Rhea-AI Summary

Franklin Street Properties Corp. (FSP) has declared a regular quarterly dividend of $0.09 per share for the period from July 1, 2021 to September 30, 2021. The dividend is payable on November 11, 2021 to stockholders of record as of October 22, 2021. This decision reflects FSP's ongoing commitment to providing income to its shareholders while focusing on infill and CBD office properties across the U.S. Sunbelt and Mountain West regions.

Positive

• Declared a quarterly dividend of $0.09 per share, indicating ongoing shareholder returns.
• Focus on long-term growth and appreciation through value-oriented investments.

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 July 1, 2021 through September 30, 2021, payable on November 11, 2021 to stockholders of record as of October 22, 2021.

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/20211008005324/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 for the third quarter of 2021?

FSP declared a quarterly dividend of $0.09 per share for the third quarter of 2021.

When will the FSP dividend be paid?

The FSP dividend will be paid on November 11, 2021.

What is the record date for FSP's dividend?

The record date for FSP's dividend is October 22, 2021.

What time period does the declared FSP dividend cover?

The declared FSP dividend covers the period from July 1, 2021, to September 30, 2021.