Brandywine Realty Trust Declares Quarterly Cash Dividend of $0.15 Per Share

Brandywine Realty Trust

PHILADELPHIA, PA — Shareholders of Brandywine Realty Trust (NYSE: BDN), one of the largest publicly traded real estate companies in the United States, have reason to celebrate as the company’s Board of Trustees has announced a quarterly cash dividend of $0.15 per common share. The dividend will be paid out on April 18, 2024, to shareholders who are on record as of April 4, 2024. This payout rate translates into an annual dividend of $0.60 per share.

In addition to the dividend announcement, Brandywine Realty Trust also revealed that it would be releasing its first quarter earnings after the market closes on Wednesday, April 17, 2024. The company will subsequently host a conference call at 9:00 a.m. Eastern Time on Thursday, April 18, 2024, to discuss the results. Investors and interested parties can access the call by phone or via a live webcast on the Investor Relations page of the company’s website.

Brandywine Realty Trust is known for its integrated real estate services with a core focus on the Philadelphia and Austin markets. As a real estate investment trust (REIT), the company owns, develops, leases, and manages an urban, town center, and transit-oriented portfolio. As of December 31, 2023, this portfolio included 158 properties and 22.4 million square feet, excluding assets held for sale.

The company prides itself on shaping, connecting, and inspiring the communities in which it operates. Through its expertise and the relationships it fosters, Brandywine Realty Trust aims to create a lasting history in the cities where it works. With this recent dividend declaration, the company continues to deliver value to its shareholders while investing in the communities it serves.

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In summary, Brandywine Realty Trust announced a quarterly cash dividend of $0.15 per share. The dividend will be paid on April 18, 2024, to shareholders on record as of April 4, 2024. Additionally, the company will release its first quarter earnings on April 17, 2024, followed by a conference call on April 18, 2024, to discuss the results. Access details can be found on the Investor Relations page of the company’s website.

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