BNL - NYSE
Broadstone Net Lease, Inc.
$20.18
-0.17%BNL is an internally-managed REIT that acquires, owns, and manages primarily single-tenant commercial real estate properties that are net leased on a long-term basis to a diversified group of tenants. The Company utilizes an investment strategy underpinned by strong fundamental credit analysis and prudent real estate underwriting. As of September 30, 2020, BNL's diversified portfolio consisted of 627 properties in 41 U.S. states and one property in Canada across the industrial, healthcare, restaurant, office, and retail property types, with an aggregate gross asset value of approximately $4.0 billion.
At a Glance
Live SnapshotBroadstone Net Lease, Inc. Dividend History
BNL Dividend Payment History
Total Payments
24
Latest Dividend
$0.2920
Annual Amount
$1.4550
Frequency
Quarterly
| Declaration | Ex-Date | Payment Date | Dividend | Adjusted | Frequency | Growth |
|---|---|---|---|---|---|---|
Apr 23, 2026 | Jun 30, 2026 | Jul 15, 2026 | $0.2920 | $0.2920 | Quarterly | 0.00% |
Feb 13, 2026 | Mar 31, 2026 | Apr 15, 2026 | $0.2920 | $0.2920 | Quarterly | +0.69% |
Oct 23, 2025 | Dec 31, 2025 | Jan 15, 2026 | $0.2900 | $0.2900 | Quarterly | 0.00% |
Jul 24, 2025 | Sep 30, 2025 | Oct 15, 2025 | $0.2900 | $0.2900 | Quarterly | 0.00% |
Apr 24, 2025 | Jun 30, 2025 | Jul 15, 2025 | $0.2900 | $0.2900 | Quarterly | 0.00% |
Feb 19, 2025 | Mar 31, 2025 | Apr 15, 2025 | $0.2900 | $0.2900 | Quarterly | 0.00% |
Oct 30, 2024 | Dec 31, 2024 | Jan 15, 2025 | $0.2900 | $0.2900 | Quarterly | 0.00% |
Jul 30, 2024 | Sep 30, 2024 | Oct 15, 2024 | $0.2900 | $0.2900 | Quarterly | 0.00% |
May 1, 2024 | Jun 28, 2024 | Jul 15, 2024 | $0.2900 | $0.2900 | Quarterly | +1.75% |
Feb 21, 2024 | Mar 29, 2024 | Apr 15, 2024 | $0.2850 | $0.2850 | Quarterly | 0.00% |
Oct 26, 2023 | Dec 29, 2023 | Jan 12, 2024 | $0.2850 | $0.2850 | Quarterly | +1.79% |
Jul 27, 2023 | Sep 29, 2023 | Oct 13, 2023 | $0.2800 | $0.2800 | Quarterly | 0.00% |
Apr 27, 2023 | Jun 30, 2023 | Jul 14, 2023 | $0.2800 | $0.2800 | Quarterly | +1.82% |
Feb 22, 2023 | Mar 31, 2023 | Apr 14, 2023 | $0.2750 | $0.2750 | Quarterly | 0.00% |
Nov 2, 2022 | Dec 30, 2022 | Jan 15, 2023 | $0.2750 | $0.2750 | Quarterly | +1.85% |
Jul 28, 2022 | Sep 30, 2022 | Oct 14, 2022 | $0.2700 | $0.2700 | Quarterly | 0.00% |
Apr 29, 2022 | Jun 30, 2022 | Jul 15, 2022 | $0.2700 | $0.2700 | Quarterly | +1.89% |
Feb 17, 2022 | Mar 31, 2022 | Apr 15, 2022 | $0.2650 | $0.2650 | Quarterly | 0.00% |
Oct 28, 2021 | Dec 31, 2021 | Jan 15, 2022 | $0.2650 | $0.2650 | Quarterly | +3.92% |
Aug 3, 2021 | Sep 30, 2021 | Oct 15, 2021 | $0.2550 | $0.2550 | Quarterly | 0.00% |
Apr 30, 2021 | Jun 30, 2021 | Jul 15, 2021 | $0.2550 | $0.2550 | Quarterly | +2.00% |
Feb 19, 2021 | Mar 31, 2021 | Apr 15, 2021 | $0.2500 | $0.2500 | Quarterly | 0.00% |
Nov 5, 2020 | Dec 31, 2020 | Jan 15, 2021 | $0.2500 | $0.2500 | Quarterly | +85.19% |
Sep 22, 2020 | Sep 30, 2020 | Oct 15, 2020 | $0.1350 | $0.1350 | Quarterly | - |
Broadstone Net Lease, Inc. Payout Ratio Analysis
Dividend Sustainability Analysis
Payout Ratio
Conservative payout with excellent safety margin. Company retains significant earnings for growth, acquisitions, or building cash reserves. Dividend is highly sustainable.
FCF Payout Ratio
Moderate FCF concern. Most free cash flow goes to dividends, limiting flexibility. Monitor CapEx needs and ensure FCF isn't declining.
Dividend Growth
Dividend cut is concerning. Investigate whether due to one-time factors or fundamental business deterioration. Reassess dividend sustainability.
Sustainability
Dividend sustainability questionable. Monitor closely for signs of stress. Consider whether yield justifies the risk.
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Statements
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Dividends
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Analyst Expectations
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