Brandywine Realty Trust (BDN) To Go Ex-Dividend on January 7th

Brandywine Realty Trust (NYSE:BDN) announced a quarterly dividend on Wednesday, December 10th. Investors of record on Wednesday, January 7th will be paid a dividend of 0.08 per share by the real estate investment trust on Thursday, January 22nd. This represents a c) annualized dividend and a dividend yield of 10.9%. The ex-dividend date is Wednesday, January 7th.

Brandywine Realty Trust has decreased its dividend payment by an average of 0.0%per year over the last three years. Brandywine Realty Trust has a payout ratio of -47.8% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities research analysts expect Brandywine Realty Trust to earn $0.87 per share next year, which means the company should continue to be able to cover its $0.32 annual dividend with an expected future payout ratio of 36.8%.

Brandywine Realty Trust Price Performance

Shares of BDN opened at $2.94 on Monday. Brandywine Realty Trust has a 12 month low of $2.83 and a 12 month high of $5.76. The company has a debt-to-equity ratio of 2.68, a current ratio of 2.14 and a quick ratio of 2.14. The stock has a fifty day moving average price of $3.22 and a 200 day moving average price of $3.82. The company has a market cap of $509.81 million, a P/E ratio of -2.74 and a beta of 1.30.

Brandywine Realty Trust (NYSE:BDN) last announced its quarterly earnings results on Thursday, October 23rd. The real estate investment trust reported $0.16 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.17 by ($0.01). Brandywine Realty Trust had a negative net margin of 38.03% and a negative return on equity of 19.55%. The firm had revenue of $121.42 million for the quarter, compared to analyst estimates of $119.11 million. On average, research analysts forecast that Brandywine Realty Trust will post 0.66 earnings per share for the current year.

Insiders Place Their Bets

In related news, Director James C. Diggs sold 23,190 shares of Brandywine Realty Trust stock in a transaction dated Thursday, October 30th. The stock was sold at an average price of $3.47, for a total transaction of $80,469.30. Following the transaction, the director directly owned 128,672 shares of the company’s stock, valued at $446,491.84. The trade was a 15.27% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Gerard H. Sweeney purchased 88,500 shares of the business’s stock in a transaction on Monday, November 10th. The stock was acquired at an average cost of $3.38 per share, with a total value of $299,130.00. Following the completion of the acquisition, the chief executive officer directly owned 3,042,210 shares in the company, valued at $10,282,669.80. The trade was a 3.00% increase in their position. The SEC filing for this purchase provides additional information. 3.30% of the stock is currently owned by insiders.

Institutional Trading of Brandywine Realty Trust

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Advisory Services Network LLC bought a new stake in Brandywine Realty Trust during the third quarter worth approximately $34,000. Ballentine Partners LLC bought a new stake in shares of Brandywine Realty Trust during the 3rd quarter worth $55,000. Coldstream Capital Management Inc. boosted its stake in shares of Brandywine Realty Trust by 48.5% during the 2nd quarter. Coldstream Capital Management Inc. now owns 14,042 shares of the real estate investment trust’s stock worth $60,000 after acquiring an additional 4,588 shares in the last quarter. Creative Planning grew its holdings in shares of Brandywine Realty Trust by 23.9% in the 2nd quarter. Creative Planning now owns 14,244 shares of the real estate investment trust’s stock worth $61,000 after acquiring an additional 2,749 shares during the last quarter. Finally, Tower Research Capital LLC TRC raised its position in shares of Brandywine Realty Trust by 146.6% during the second quarter. Tower Research Capital LLC TRC now owns 14,625 shares of the real estate investment trust’s stock worth $63,000 after purchasing an additional 8,694 shares during the period. 87.27% of the stock is currently owned by institutional investors.

About Brandywine Realty Trust

Brandywine Realty Trust (NYSE: BDN) is an internally managed real estate investment trust (REIT) specializing in the acquisition, development, and management of office and mixed-use properties. Headquartered in Radnor, Pennsylvania, the company focuses on creating high‐quality, transit‐oriented workplaces that meet evolving tenant demands for sustainability, technological connectivity, and flexible design. Brandywine’s portfolio emphasizes Class A office space, often integrated with retail, residential or hospitality components to foster vibrant, live‐work‐play environments.

Since its founding in 1994, Brandywine has executed a strategy of disciplined property investment and targeted development.