Franklin Street Properties Corp. (NYSE:FSP) last issued its quarterly earnings results on Tuesday, July 28th. The real estate investment trust reported $0.27 earnings per share (EPS) for the quarter, meeting the Thomson Reuters consensus estimate of $0.27. Analysts anticipate that Franklin Street Properties Corp. will post $1.06 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, August 13th. Shareholders of record on Friday, July 24th will be paid a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a yield of 6.46%. The ex-dividend date of this dividend is Wednesday, July 22nd.
Franklin Street Properties Corp. (NYSE:FSP) is a real estate investment trust (REIT). The Company is focused on commercial real estate investments primarily in office markets and operates through real estate operations segment. The real estate operations segment involves real estate rental operations, leasing, secured financing of real estate and services provided for asset management, property management, property acquisitions, dispositions and development. FSP Corp holds, directly and indirectly, 100% of the interest in three former subsidiaries: FSP Investments LLC, FSP Property Management LLC, FSP Holdings LLC, and FSP Protective TRS Corp. The Company operates some of its business through these subsidiaries.
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