Centerspace Declares Quarterly Dividend of $0.77 per Share
Centerspace (NYSE: CSR) has declared a quarterly dividend of $0.77 per share, consistent with its previous payout levels. The forward yield is currently estimated at 5.88%. The dividend will be payable on October 14 to shareholders of record as of September 29, with the ex-dividend date also set for September 29. The company has outlined a core FFO (funds from operations) midpoint guidance of $4.63 per share for full-year 2026 and aims to maintain its net debt-to-EBITDA ratio in the mid-6x range, indicating continued focus on financial discipline amid portfolio adjustments. Centerspace reported Q2 FFO of $1.27 per share, which beat estimates by $0.03, but revenue came in at $65.8 million, missing expectations by nearly half a million dollars.
Tickers: $CSR
Topics: dividends earnings report real estate investment trusts (reits)