Franklin BSP Realty Trust Dividend
Dividend criteria checks 3/6
Franklin BSP Realty Trust is a dividend paying company with a current yield of 10.87%. Next payment date is on 10th October, 2024 with an ex-dividend date of 30th September, 2024.
Key information
10.9%
Dividend yield
172%
Payout ratio
| Industry average yield | 11.2% |
| Next dividend pay date | 10 Oct 24 |
| Ex dividend date | 30 Sep 24 |
| Dividend per share | US$1.420 |
| Earnings per share | US$0.83 |
| Dividend yield forecast | 10.9% |
Recent dividend updates
Recent updates
Franklin BSP Realty Trust May Be Close To Overvaluation
Aug 28Franklin BSP Realty Is On The Offensive
Jul 11Franklin BSP Realty: 10.8% Dividend Yield But Coverage Slipped
Feb 19Franklin BSP Realty: Commercial Mortgage Loans For A 10% Yield
Jun 15Franklin BSP Realty Trust Non-GAAP EPS of $1.17, revenue of $201.65M
Feb 22Franklin BSP Realty Trust declares $0.355 dividend
Dec 19Franklin BSP Realty Trust declares $0.355 dividend
Sep 19Franklin BSP Realty Trust Non-GAAP EPS of $0.29, revenue of $39.72M
Jul 29Franklin BSP Realty Trust closes ~$800M collateralized loan obligation
Jun 29Buying Opportunity In Franklin BSP Preferred
Jun 22Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, FBRT has been paying a dividend for less than 10 years.
Growing Dividend: FBRT's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Franklin BSP Realty Trust Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (FBRT) | 10.9% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Mortgage REITs) | 11.2% |
| Analyst forecast (FBRT) (up to 3 years) | 10.9% |
Notable Dividend: FBRT's dividend (10.87%) is higher than the bottom 25% of dividend payers in the US market (1.43%).
High Dividend: FBRT's dividend (10.87%) is in the top 25% of dividend payers in the US market (4.31%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (171.8%), FBRT's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (86.8%), FBRT's dividend payments are covered by cash flows.