Franklin BSP Realty Trust, Inc. (FBRT) Declares $0.355 Quarterly Dividend; 10.7% Yield

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Franklin BSP Realty Trust, Inc. Announces First Quarter 2024 Common Stock Dividend of $0.355 Per Share and Series E Cumulative Redeemable Preferred Stock Dividend of $0.46875 Per Share

March 18, 2024 6:00 AM EDT

NEW YORK--(BUSINESS WIRE)-- Franklin BSP Realty Trust, Inc. (NYSE: FBRT) (FBRT or the Company) today announced its Board of Directors has declared a first quarter 2024 dividend of $0.355 per common share. The dividend is payable on or about April 10, 2024 to common stockholders of record as of March 29, 2024. The Board of Directors also declared a first quarter 2024 dividend on its convertible Series H Preferred Stock in an amount equal to the as-converted common dividend amount.

FBRTs Board of Directors also declared a first quarter 2024 dividend of $0.46875 per share on its 7.50% Series E Cumulative Redeemable... More