Broadstone Net Lease Announces Quarterly Dividend of $0.2925 per Share
Broadstone Net Lease (BNL) has declared a quarterly dividend of $0.2925 per share, consistent with its previous payout. The forward yield is currently estimated at 5.28%. The dividend will be payable on October 15 to shareholders of record as of September 30, with the ex-dividend date also set for September 30. The announcement comes amid recent financial results where BNL's AFFO (adjusted funds from operations) came in at $0.39 per share, missing estimates by $0.01, while revenue reached $122.31 million, beating expectations by $560,000.
Topics: dividends reit earnings