Saul Centers Inc. Plans Quarterly Dividend of $0.36 (BFS)
Saul Centers (NYSE:BFS) announced a quarterly dividend on Thursday, September 19th, American Banking and Market News reports. Stockholders of record on Thursday, October 17th will be paid a dividend of $0.36 per share on Thursday, October 31st. This represents a $1.44 annualized dividend and a dividend yield of 3.15%.
BFS has been the subject of a number of recent research reports. Analysts at Capital One Financial Corp. initiated coverage on shares of Saul Centers (NYSE:BFS) in a research note to investors on Monday. They set an “add” rating on the stock. On the ratings front, analysts at TheStreet upgraded shares of Saul Centers (NYSE:BFS) to a “hold” rating in a research note to investors on Thursday, August 1st. Finally, analysts at TheStreet downgraded shares of Saul Centers (NYSE:BFS) from a “hold” rating to a “sell” rating in a research note to investors on Friday, June 21st.
Shares of Saul Centers (NYSE:BFS) traded up 0.35% on Thursday, hitting $45.89. The stock had a trading volume of 31,156 shares. Saul Centers has a 52 week low of $40.14 and a 52 week high of $48.68. The stock has a 50-day moving average of $44.66 and a 200-day moving average of $44.84. The company has a market cap of $931.5 million and a price-to-earnings ratio of 106.60.
Saul Centers (NYSE:BFS) last issued its quarterly earnings data on Tuesday, July 30th. The company reported $0.63 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.63. The company had revenue of $48.80 million for the quarter, compared to the consensus estimate of $48.70 million. On average, analysts predict that Saul Centers will post $2.32 earnings per share for the current fiscal year.
Saul Centers, Inc (NYSE:BFS) operates as a real estate investment trust (a REIT).
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