Franklin Street Properties Corp. (FSP) Plans Quarterly Dividend of $0.19
Franklin Street Properties Corp. (NYSE:FSP) declared a quarterly dividend on Friday, October 11th, American Banking and Market News reports. Stockholders of record on Friday, October 25th will be given a dividend of $0.19 per share on Thursday, November 14th. This represents a $0.76 dividend on an annualized basis and a yield of 5.93%.
FSP has been the subject of a number of recent research reports. Analysts at Zacks downgraded shares of Franklin Street Properties Corp. from an “outperform” rating to a “neutral” rating in a research note to investors on Tuesday, August 20th. They now have a $12.60 price target on the stock.
Shares of Franklin Street Properties Corp. (NYSE:FSP) traded down 0.23% on Friday, hitting $12.79. 22,487 shares of the company’s stock traded hands. Franklin Street Properties Corp. has a 52-week low of $10.42 and a 52-week high of $15.27. The stock has a 50-day moving average of $12.48 and a 200-day moving average of $13.54. The company has a market cap of $1.281 billion and a P/E ratio of 194.24.
Franklin Street Properties Corp. (NYSE:FSP) is a real estate investment trust (REIT).
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