Brandywine Realty Trust (BDN) To Go Ex-Dividend on July 8th

Brandywine Realty Trust (NYSE:BDN) announced a quarterly dividend on Thursday, May 28th. Stockholders of record on Wednesday, July 8th will be paid a dividend of 0.08 per share by the real estate investment trust on Wednesday, July 22nd. This represents a c) annualized dividend and a dividend yield of 9.8%. The ex-dividend date is Wednesday, July 8th.

Brandywine Realty Trust has decreased its dividend by an average of 0.1%annually over the last three years. Brandywine Realty Trust has a payout ratio of -47.8% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities research analysts expect Brandywine Realty Trust to earn $0.61 per share next year, which means the company should continue to be able to cover its $0.32 annual dividend with an expected future payout ratio of 52.5%.

Brandywine Realty Trust Stock Up 0.5%

BDN stock opened at $3.25 on Monday. The stock has a 50-day simple moving average of $3.10 and a two-hundred day simple moving average of $3.00. Brandywine Realty Trust has a twelve month low of $2.47 and a twelve month high of $4.63. The firm has a market capitalization of $565.43 million, a PE ratio of -2.83 and a beta of 1.29. The company has a quick ratio of 1.93, a current ratio of 1.93 and a debt-to-equity ratio of 3.55.

Brandywine Realty Trust (NYSE:BDN) last announced its quarterly earnings results on Thursday, April 23rd. The real estate investment trust reported ($0.28) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.18) by ($0.10). The firm had revenue of $127.00 million during the quarter, compared to analysts’ expectations of $110.27 million. Brandywine Realty Trust had a negative return on equity of 24.45% and a negative net margin of 40.79%. On average, equities analysts predict that Brandywine Realty Trust will post 0.56 EPS for the current fiscal year.

Brandywine Realty Trust Company Profile

Brandywine Realty Trust (NYSE: BDN) is an internally managed real estate investment trust (REIT) specializing in the acquisition, development, and management of office and mixed-use properties. Headquartered in Radnor, Pennsylvania, the company focuses on creating high‐quality, transit‐oriented workplaces that meet evolving tenant demands for sustainability, technological connectivity, and flexible design. Brandywine’s portfolio emphasizes Class A office space, often integrated with retail, residential or hospitality components to foster vibrant, live‐work‐play environments.

Since its founding in 1994, Brandywine has executed a strategy of disciplined property investment and targeted development.