Brandywine Realty Trust (NYSE:BDN) Plans Quarterly Dividend of $0.08

Brandywine Realty Trust (NYSE:BDNGet Free Report) announced a quarterly dividend on Wednesday, February 18th. Stockholders 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 dividend yield of 10.5%. The ex-dividend date of this dividend is Thursday, April 2nd.

Brandywine Realty Trust has decreased its dividend payment by an average of 0.1%annually 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. Research 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 3.3%

BDN traded down $0.11 on Thursday, hitting $3.05. The company had a trading volume of 180,378 shares, compared to its average volume of 4,049,097. The business’s fifty day simple moving average is $3.01 and its 200 day simple moving average is $3.55. The company has a quick ratio of 2.14, a current ratio of 1.86 and a debt-to-equity ratio of 3.20. Brandywine Realty Trust has a 12-month low of $2.74 and a 12-month high of $5.09. The company has a market cap of $528.92 million, a PE ratio of -2.98 and a beta of 1.29.

Institutional Trading of Brandywine Realty Trust

A number of large investors have recently modified their holdings of the company. XTX Topco Ltd bought a new position in Brandywine Realty Trust in the fourth quarter worth approximately $648,000. VARCOV Co. purchased a new stake in shares of Brandywine Realty Trust in the 4th quarter worth $315,000. Quadrature Capital Ltd bought a new position in shares of Brandywine Realty Trust during the 4th quarter worth $89,000. Inspire Investing LLC increased its stake in shares of Brandywine Realty Trust by 47.6% during the fourth quarter. Inspire Investing LLC now owns 160,302 shares of the real estate investment trust’s stock valued at $468,000 after buying an additional 51,702 shares during the period. Finally, Balyasny Asset Management L.P. bought a new stake in shares of Brandywine Realty Trust in the fourth quarter valued at about $196,000. Hedge funds and other institutional investors own 87.27% of the company’s stock.

About Brandywine Realty Trust

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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.

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Dividend History for Brandywine Realty Trust (NYSE:BDN)

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