Franklin BSP Realty Trust, Inc.

Franklin BSP Realty Trust, Inc.

FBRTยทNYSE

$8.28

-1.3%
Real EstateREIT - Mortgage

Franklin BSP Realty Trust, Inc., a real estate finance company, originates, acquires, and manages a portfolio of commercial real estate debt secured by properties located in the United States. The company also originates conduit loans; and invests in commercial real estate securities, as well as owns real estate acquired through foreclosure and deed in lieu of foreclosure, and purchased for investment. In addition, it invests in commercial real estate debt investments, which includes first mortgage loans, mezzanine loans, bridge loans, and other loans related to commercial real estate. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was formerly known as Benefit Street Partners Realty Trust, Inc. Franklin BSP Realty Trust, Inc. was incorporated in 2012 and is headquartered in New York, New York.

At a Glance

Live Snapshot
Market Cap$637.25M
EPS0.6500
P/E Ratio12.74
Earnings Date07/29/2026
4.18%
Dividend Yield
57%
3Y+14.0%
5Y+348.0%
10Y+351.0%
236.84%
Dividend Payout Ratio
25%
3Y+186.0%
5Y+292.0%
10Y+108.0%
3Y-100.0%
5Y-100.0%
10Y-100.0%
Franklin BSP Realty Trust, Inc.

Franklin BSP Realty Trust, Inc. Dividend History

FBRT ยท NYSE
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%

FBRT Dividend Payment History

FBRT ยท NYSE

Total Payments

18

Latest Dividend

$0.2000

Annual Amount

$1.6200

Frequency

Quarterly

DeclarationEx-DatePayment DateDividendAdjustedFrequencyGrowth
Feb 11, 2026
Mar 31, 2026Apr 10, 2026
$0.2000
$0.2000
Quarterly-43.66%
Dec 16, 2025
Dec 31, 2025Jan 12, 2026
$0.3550
$0.3550
Quarterly0.00%
Sep 15, 2025
Sep 30, 2025Oct 10, 2025
$0.3550
$0.3550
Quarterly0.00%
Jun 11, 2025
Jun 30, 2025Jul 10, 2025
$0.3550
$0.3550
Quarterly0.00%
Mar 17, 2025
Mar 31, 2025Apr 10, 2025
$0.3550
$0.3550
Quarterly0.00%
Dec 16, 2024
Dec 31, 2024Jan 10, 2025
$0.3550
$0.3550
Quarterly0.00%
Sep 16, 2024
Sep 30, 2024Oct 10, 2024
$0.3550
$0.3550
Quarterly0.00%
Jun 17, 2024
Jun 28, 2024Jul 10, 2024
$0.3550
$0.3550
Quarterly0.00%
Mar 18, 2024
Mar 29, 2024Apr 10, 2024
$0.3550
$0.3550
Quarterly0.00%
Dec 18, 2023
Dec 29, 2023Jan 10, 2024
$0.3550
$0.3550
Quarterly0.00%
Sep 18, 2023
Sep 29, 2023Oct 10, 2023
$0.3550
$0.3550
Quarterly0.00%
Jun 20, 2023
Jun 30, 2023Jul 10, 2023
$0.3550
$0.3550
Quarterly0.00%
Mar 20, 2023
Mar 31, 2023Apr 10, 2023
$0.3550
$0.3550
Quarterly0.00%
Dec 19, 2022
Dec 30, 2022Jan 11, 2023
$0.3550
$0.3550
Quarterly0.00%
Sep 19, 2022
Sep 30, 2022Oct 11, 2022
$0.3550
$0.3550
Quarterly0.00%
Jun 16, 2022
Jun 30, 2022Jul 11, 2022
$0.3550
$0.3550
Quarterly0.00%
Feb 23, 2022
Mar 31, 2022Apr 11, 2022
$0.3550
$0.3550
Quarterly+24.56%
Dec 20, 2021
Dec 31, 2021Jan 10, 2022
$0.2850
$0.2850
Quarterly-
fbrt

Franklin BSP Realty Trust, Inc. Payout Ratio Analysis

FBRT ยท NYSE
Dividends Paid
-145.58M
2025
Net Income
82.27M
2025
Payout Ratio
176.95%
2025

Dividend Sustainability Analysis

Payout Ratio
176.95%

Conservative payout with excellent safety margin. Company retains significant earnings for growth, acquisitions, or building cash reserves. Dividend is highly sustainable.

FCF Payout Ratio
49.9%

Excellent FCF coverage. Dividend is well-supported by actual cash generation with ample room for increases and business reinvestment.

Dividend Growth
-0.5%

Dividend cut is concerning. Investigate whether due to one-time factors or fundamental business deterioration. Reassess dividend sustainability.

Sustainability
Good

Sustainable dividend with adequate coverage. Some areas for improvement but overall appears safe for dividend investors.