Broadstone Net Lease, Inc. (NYSE:BNL) Shares Will Pay Quarterly Dividend of $0.29

Posted by Stanley Muller on Sep 28th, 2026

Broadstone Net Lease, Inc. (NYSE:BNL – Get Free Report) announced a quarterly dividend on Thursday, July 23rd. Stockholders of record on Wednesday, September 30th will be paid a dividend of $0.2925 per share on Thursday, October 15th. This represents a $1.17 dividend on an annualized basis and a dividend yield of 6.2%. The ex-dividend date of this dividend is Wednesday, September 30th.

Broadstone Net Lease has increased its dividend payment by an average of 0.2%per year over the last three years and has increased its dividend every year for the last 4 years. Broadstone Net Lease has a dividend payout ratio of 151.9% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities analysts expect Broadstone Net Lease to earn $1.60 per share next year, which means the company should continue to be able to cover its $1.17 annual dividend with an expected future payout ratio of 73.1%.

Broadstone Net Lease Stock Up 0.1%

Shares of Broadstone Net Lease stock opened at $18.93 on Monday. The company has a market cap of $3.63 billion, a PE ratio of 24.91 and a beta of 0.91. The business has a 50 day moving average of $20.93 and a 200 day moving average of $20.45. Broadstone Net Lease has a 52 week low of $17.16 and a 52 week high of $23.10.

Broadstone Net Lease (NYSE:BNL – Get Free Report) last released its quarterly earnings results on Wednesday, July 29th. The company reported $0.21 earnings per share for the quarter, beating the consensus estimate of $0.19 by $0.02. The business had revenue of $122.31 million for the quarter, compared to analysts’ expectations of $121.63 million. Broadstone Net Lease had a net margin of 30.61% and a return on equity of 4.83%. Broadstone Net Lease has set its FY 2026 guidance at 1.550-1.570 EPS. On average, research analysts anticipate that Broadstone Net Lease will post 1.51 earnings per share for the current year.

Insider Transactions at Broadstone Net Lease

In other Broadstone Net Lease news, Director Richard Imperiale purchased 5,000 shares of the stock in a transaction that occurred on Thursday, August 20th. The stock was bought at an average cost of $21.22 per share, with a total value of $106,100.00. Following the transaction, the director directly owned 26,250 shares in the company, valued at approximately $557,025. The trade was a 23.53% increase in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 1.02% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Broadstone Net Lease

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. BlackRock Inc. purchased a new position in shares of Broadstone Net Lease during the second quarter valued at approximately $712,332,000. Dimensional Fund Advisors LP grew its stake in shares of Broadstone Net Lease by 4.0% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,696,795 shares of the company’s stock worth $49,273,000 after buying an additional 103,091 shares during the last quarter. Alyeska Investment Group L.P. increased its position in Broadstone Net Lease by 7.8% during the 2nd quarter. Alyeska Investment Group L.P. now owns 2,050,198 shares of the company’s stock valued at $42,378,000 after buying an additional 148,533 shares in the last quarter. Norges Bank bought a new position in Broadstone Net Lease during the 4th quarter valued at approximately $41,471,000. Finally, Bank of America Corp DE raised its stake in Broadstone Net Lease by 8.7% during the first quarter. Bank of America Corp DE now owns 2,231,816 shares of the company’s stock valued at $40,775,000 after buying an additional 178,546 shares during the last quarter. Hedge funds and other institutional investors own 89.07% of the company’s stock.

Broadstone Net Lease Company Profile

(Get Free Report)

Broadstone Net Lease, Inc (NYSE: BNL) is a real estate investment trust (REIT) that owns and manages a diversified portfolio of primarily single-tenant commercial properties. The company leases these properties to businesses under long-term, net lease agreements, in which tenants generally assume responsibility for property taxes, insurance and maintenance.

Broadstone’s portfolio is diversified across industries and includes properties used for healthcare, industrial, office, retail, restaurant and other business purposes.