Franklin Street Properties (FSP) Declares $0.09 Quarterly Dividend; 4.4% Yield

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Go back to Franklin Street Properties (FSP) Declares $0.09 Quarterly Dividend; 4.4% Yield

Franklin Street Properties Corp. Declares Quarterly Dividend

April 6, 2018 4:30 PM EDT

WAKEFIELD, Mass.--(BUSINESS WIRE)-- Franklin Street Properties Corp. (FSP, our or we) (NYSE American: FSP) announced today that its Board of Directors declared a regular quarterly dividend of $0.09 per share of common stock for the period January 1, 2018 through March 31, 2018, payable on May 10, 2018 to stockholders of record as of April 20, 2018.

George J. Carter, Chairman and Chief Executive Officer of FSP, commented as follows:

"The declared quarterly dividend of $0.09 per share of common stock represents a $0.10 reduction from the $0.19 per share of common stock quarterly dividend that FSP has paid since August 2008. As indicated in our fourth quarter 2017 earnings press... More