Brandywine Realty Trust (NYSE:BDN) to Issue $0.08 Quarterly Dividend

Brandywine Realty Trust (NYSE:BDN) announced a quarterly dividend on Wednesday, February 18th. Shareholders of record on Thursday, April 2nd will be paid a dividend of 0.08 per share by the real estate investment trust on Thursday, April 16th. This represents a c) annualized dividend and a yield of 10.5%. The ex-dividend date of this dividend is Thursday, April 2nd.

Brandywine Realty Trust has decreased its dividend by an average of 0.1%per year over the last three years. Brandywine Realty Trust has a dividend 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. Analysts expect Brandywine Realty Trust to earn $0.87 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 36.8%.

Brandywine Realty Trust Trading Down 3.0%

Shares of Brandywine Realty Trust stock traded down $0.10 during trading hours on Thursday, reaching $3.06. The stock had a trading volume of 394,656 shares, compared to its average volume of 4,052,357. The firm has a market capitalization of $530.65 million, a price-to-earnings ratio of -2.96 and a beta of 1.29. Brandywine Realty Trust has a 1 year low of $2.74 and a 1 year high of $5.09. The company has a current ratio of 1.86, a quick ratio of 2.14 and a debt-to-equity ratio of 3.20. The firm has a 50 day simple moving average of $3.01 and a two-hundred day simple moving average of $3.55.

About Brandywine Realty Trust

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.