Franklin Street Properties (FSP) Declares $0.09 Quarterly Dividend; 5.9% Yield

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Go back to Franklin Street Properties (FSP) Declares $0.09 Quarterly Dividend; 5.9% Yield

Franklin Street Properties Corp. Declares Regular Quarterly Dividend and Introduces Property Disposition Guidance for Full-Year 2022

January 14, 2022 9:17 AM EST

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 October 1, 2021 through December 31, 2021, payable on February 17, 2022 to stockholders of record as of January 28, 2022.

At this time, FSP is also introducing property disposition guidance for full-year 2022 to be in the range of approximately $250 million to $350 million in aggregate gross proceeds. We continue to believe that the current price of our common stock does not accurately reflect the value... More