Real Estate Investment Trust Declares Dividend for Q3 2024

  • Franklin Street Properties Corp. declares quarterly dividend
  • Dividend set at $0.01 per share of common stock
  • Payable on November 7, 2024 to stockholders of record as of October 18, 2024

Franklin Street Properties Corp., a real estate investment trust (REIT) based in Wakefield, Massachusetts, has announced that its Board of Directors declared a quarterly dividend of $0.01 per share of common stock for the period July 1, 2024 through September 30, 2024. The dividend is payable on November 7, 2024 to stockholders of record as of October 18, 2024. The company focuses on infill and central business district (CBD) office properties in the U.S. Sunbelt and Mountain West, as well as select opportunistic markets, targeting long-term growth and appreciation alongside current income. To learn more about FSP and stay updated on their news, visit www.fspreit.com.

Factuality Level: 10
Factuality Justification: The article provides accurate and relevant information about the company’s dividend announcement and its focus on specific property types for investments. It also directs interested parties to their website for more information.
Noise Level: 8
Noise Justification: The article is primarily focused on announcing a dividend payment and providing information about the company’s focus and operations, which may not be relevant or useful for readers who are not interested in investing in Franklin Street Properties Corp. It lacks analysis, context, or actionable insights for a broader audience.
Public Companies: Franklin Street Properties Corp. (FSP)
Key People:

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Financial Relevance: Yes
Financial Markets Impacted: No
Financial Rating Justification: The article discusses a dividend declaration by Franklin Street Properties Corp., a real estate investment trust (REIT), which is a financial topic related to company operations and stockholders. However, it does not mention any impact on specific financial markets or companies.
Presence Of Extreme Event: No
Nature Of Extreme Event: No
Impact Rating Of The Extreme Event: No
Extreme Rating Justification: There is no mention of an extreme event in the text.
Move Size: No market move size mentioned.
Sector: Real Estate
Direction: Up
Magnitude: Small
Affected Instruments: Stocks

Reported publicly: www.businesswire.com