Saul Centers Inc.
S&P 500BFS/Real Estate · REIT - Retail/NYSE
Dividend Yield
6.60%
$2.36 · Annual Dividend
Dividend Safety Rating
BFS's dividend appears safe and well-supported. Strengths include a 67.2% ffo payout ratio & 40.5% operating margin. Areas of concern: 1.7x interest coverage & 73.7% net debt / total assets. As a REIT, its payout is measured against FFO (funds from operations) rather than net income, since large non-cash depreciation makes the earnings payout ratio misleading.
Based on 15 of 15 metrics
Strengths
- FFO Payout Ratio: 67.2%Dividends are well covered by funds from operations (FFO).
- Operating Margin: 40.5%Healthy operating margin provides a wide buffer.
- Gross Margin: 69.1%High gross margin signals strong pricing power.
Risks
- Net Debt / Total Assets: 73.7%Net debt is high relative to total assets.
- Current Ratio: 0.3xLimited short-term liquidity to meet obligations.
- Interest Coverage: 1.7xInterest coverage is thin relative to debt servicing.
Payout & Coverage
CautionBalance Sheet
WarningProfitability
SafeDividend Track Record
SafeAbout Saul Centers Inc.
Saul Centers Inc. is a real estate investment trust (REIT) that specializes in owning, managing, and developing retail and mixed-use properties. The company's primary objective is to generate income through the acquisition and management of shopping centers and suburban office properties primarily focused in the Washington, D.C./Baltimore metropolitan area and Virginia. Saul Centers Inc. boasts a portfolio that includes community and neighborhood shopping centers often anchored by supermarkets or drugstores, providing essential services to local residents. Additionally, the company is involved in residential and mixed-use development projects, leveraging its expertise to create vibrant commercial spaces that cater to both retail needs and housing demands. As a recognized player in the REIT sector, Saul Centers Inc. contributes to the infrastructure and growth of urban communities, thus playing a significant role in real estate investment and development in its core geographic markets. By maintaining a strategic presence in populous regions, the company supports both economic growth and local commerce through its comprehensive property management strategies.
Dividend Overview
Dividend Yield
6.60%
Annual Dividend
$2.36
Frequency
Quarterly
Payout Ratio
222.64%
FCF Payout Ratio
69.31%
52-Week Range
$29.16 - $38.42
Dividend History (2016–2025)
BFS annual dividend per share and yield history
Earnings & Profitability
BFS earnings per share and net profit margin
Key Dates
Next Ex-Dividend Date
July 15, 2026
Next Payment Date
July 31, 2026
Dividend Growth
3-Year Dividend CAGR
0.57%
5-Year Dividend CAGR
2.17%
10-Year Dividend CAGR
3.40%
3-Year Total Growth
1.72%
5-Year Total Growth
11.32%
10-Year Total Growth
39.64%
Income Calculator
Frequently Asked Questions
What is BFS's current dividend yield?
When is BFS's next dividend payment date?
How much does BFS pay in dividends per year?
Has BFS been increasing its dividend?
Is BFS's dividend safe?
How is BFS's Dividend Safety Rating calculated?
Want to understand how we rate dividend safety? Read our full methodology
Track BFS Dividends with OnlyDividends
What will BFS actually pay you after taxes? Track every payout, get notified on payment dates, and stop guessing.
This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.
Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.
Market data provided by Twelve Data.