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Franklin Street Properties said on April 7, 2023 that its board of directors declared a regular
quarterly dividend of $0.01 per share ($0.04 annualized).
Previously, the company paid $0.01 per share.

Shares must be purchased before the ex-div date of April 20, 2023 to qualify for the dividend.

Shareholders of record as of April 21, 2023
will receive the payment on May 11, 2023.

At the current share price of $1.38 / share,
the stock’s dividend yield is 2.90%.

Looking back five years and taking a sample every week, the average dividend yield has been
5.35%,
the lowest has been 1.06%,
and the highest has been 9.68%.
The standard deviation of yields is 2.12 (n=236).

The current dividend yield is
1.16 standard deviations

below
the historical average.

Additionally, the company’s dividend payout ratio is 3.77.
The payout ratio tells us how much of a company’s income is paid out in dividends. A payout ratio of one (1.0)
means 100% of the company’s income is paid in a dividend.
A payout ratio greater than one means the company is dipping into savings in order to maintain its dividend – not a
healthy situation.
Companies with few growth prospects are expected to pay out most of their income in dividends, which typically
means a payout ratio between 0.5 and 1.0.
Companies with good growth prospects are expected to retain some earnings in order to invest
in those growth prospects, which translates to a payout ratio of zero to 0.5.

The company’s 3-Year dividend growth rate is -0.89%.

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What is the Fund Sentiment?

There are 369 funds or institutions reporting positions in Franklin Street Properties.

This is a decrease
of
35
owner(s) or 8.66% in the last quarter.

Average portfolio weight of all funds dedicated to FSP is 0.09%,
an increase
of 73.85%.

Total shares owned by institutions increased
in the last three months by 3.54% to 103,722K shares.

FSP / Franklin Street Properties Corp. Put/Call Ratios
The put/call ratio of FSP is 0.10, indicating a

bullish
outlook.

Analyst Price Forecast Suggests 94.02% Upside

As of April 6, 2023,
the average one-year price target for Franklin Street Properties is $2.68.
The forecasts range from a low of $1.77 to a high of $3.68.
The average price target represents an increase of 94.02% from its latest reported closing price of $1.38.

See our leaderboard of companies with the largest price target upside.

The projected annual revenue for Franklin Street Properties
is $153MM, a decrease of 7.51%.

The projected annual non-GAAP EPS
is -$0.29.

What are Other Shareholders Doing?

FSP / Franklin Street Properties Corp. Shares Held by Institutions

Jpmorgan Chase &
holds 287K shares
representing 0.28% ownership of the company.

In it’s prior filing, the firm reported owning 601K shares, representing
a decrease
of 109.76%.

The firm

decreased

its portfolio allocation in FSP by 99.95% over the last quarter.

Profunds – Profund Vp Small-cap Value
holds 4K shares
representing 0.00% ownership of the company.

In it’s prior filing, the firm reported owning 4K shares, representing
an increase
of 4.04%.

The firm

increased

its portfolio allocation in FSP by 6.58% over the last quarter.

PSCF – Invesco S&P SmallCap Financials ETF
holds 13K shares
representing 0.01% ownership of the company.

In it’s prior filing, the firm reported owning 15K shares, representing
a decrease
of 17.51%.

The firm

decreased

its portfolio allocation in FSP by 4.13% over the last quarter.

TRZIX – T. Rowe Price Small-Cap Index Fund
holds 4K shares
representing 0.00% ownership of the company.

No change in the last quarter.

BlackRock Variable Series Funds, Inc. – BlackRock Small Cap Index V.I. Fund Class I
holds 12K shares
representing 0.01% ownership of the company.

No change in the last quarter.

Franklin Street Properties Background Information
(This description is provided by the company.)

Franklin Street Properties Corp., based in Wakefield, Massachusetts, is focused on infill and central business district (CBD) office properties in the U.S. Sunbelt and Mountain West, as well as select opportunistic markets. FSP seeks value-oriented investments with an eye towards long-term growth and appreciation, as well as current income. FSP is a Maryland corporation that operates in a manner intended to qualify as a real estate investment trust (REIT) for federal income tax purposes.

This story originally appeared on Fintel.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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