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Franklin BSP Realty Trust Inc. (FBRT) logo

Franklin BSP Realty Trust Inc.

S&P 500

FBRT/Real Estate · REIT - Mortgage/NYSE

Dividend Yield

15.28%

$1.26 · Annual Dividend

Stock Price$8.24P/E16.5MCap638.0MLast update: Jun 26, 2026 at 06:56

Dividend Safety Rating

41/ 100Caution

FBRT's dividend shows some areas that warrant monitoring. Strengths include a 49.9% cfo payout ratio & 44.9% gross margin. Areas of concern: 248.0% earnings payout ratio & 119.9% fcf payout ratio. As a REIT, higher payout ratios are normal since they are required to distribute most taxable income.

Based on 13 of 15 metrics

Strengths

  • Dividend Cut: NoneNo dividend cut in recent history.
  • CFO Payout Ratio: 49.9%Operating cash flow strongly supports the payout.
  • Gross Margin: 44.9%High gross margin signals strong pricing power.

Risks

  • Earnings Payout Ratio: 248.0%High earnings payout ratio leaves little safety margin.
  • FCF Payout Ratio: 119.9%Free cash flow is tight relative to the dividend.
  • Net Debt / Total Assets: 67.4%Net debt is high relative to total assets.

Payout & Coverage

Warning

Balance Sheet

Caution
1.3xCaution
292.7Caution

Profitability

Caution
4.6%Warning
4.5%Warning
44.9%Safe

Dividend Track Record

Caution
5+ yrsCaution
NoneVery Safe
VolatileWarning

About Franklin BSP Realty Trust Inc.

Franklin BSP Realty Trust Inc. is a real estate investment trust that focuses on originating, acquiring, and managing commercial real estate debt investments in the United States. The trust primarily provides financing through first mortgage loans, complemented by subordinate mortgages, mezzanine loans, and real estate securities, typically secured by income-producing properties across diverse sectors such as office, multifamily, industrial, and retail. It operates through multiple business segments, including real estate debt, agency lending, commercial real estate conduit activities, and real estate owned, enabling participation across the commercial property financing lifecycle. Through its relationship with NewPoint Real Estate Capital, Franklin BSP Realty Trust also offers agency origination capabilities tied to government-sponsored enterprises, extending its reach from construction lending to long-term permanent financing. Headquartered in New York, United States, the company serves borrowers nationwide and positions itself as a specialized provider of structured credit solutions within the commercial real estate market. Its role in the financial system centers on channeling capital to property owners and developers while managing credit risk through diversified exposure and disciplined underwriting.

Dividend Overview

Dividend Yield

15.28%

Annual Dividend

$1.26

Frequency

Quarterly

Payout Ratio

248.04%

FCF Payout Ratio

119.88%

52-Week Range

$8.12 - $11.84

Dividend History (2016–2025)

FBRT annual dividend per share and yield history

Earnings & Profitability

FBRT earnings per share and net profit margin

Key Dates

Next Ex-Dividend Date

June 30, 2026

Next Payment Date

July 10, 2026

Dividend Growth

3-Year Dividend CAGR

0.00%

5-Year Dividend CAGR

N/A

10-Year Dividend CAGR

N/A

3-Year Total Growth

0.00%

5-Year Total Growth

N/A

10-Year Total Growth

N/A

Income Calculator

FBRT Dividend Calculator

Total Investment

$824.00

Annual Income

$126.50

Quarterly Income

$31.62

Monthly Income

$10.54

Frequently Asked Questions

What is FBRT's current dividend yield?
Franklin BSP Realty Trust Inc. (FBRT) currently has a dividend yield of 15.28%, based on a stock price of $8.24 and an annual dividend of $1.26.
When is FBRT's next dividend payment date?
FBRT's next ex-dividend date is 2026-06-30 and the next payment date is 2026-07-10. You must own the stock before the ex-dividend date to receive the upcoming payment.
How much does FBRT pay in dividends per year?
Franklin BSP Realty Trust Inc. paid $1.42 per share in annual dividends in 2025. The dividends are paid quarterly.
Has FBRT been increasing its dividend?
Franklin BSP Realty Trust Inc. has grown its dividend at a 5-year CAGR of —.
Is FBRT's dividend safe?
Franklin BSP Realty Trust Inc. has a payout ratio of 248.04%. Its free cash flow payout ratio is 119.88%. The payout ratio is above 100%, which may indicate the company is paying more in dividends than it earns. This could be unsustainable long-term.
How is FBRT's Dividend Safety Rating calculated?
The Dividend Safety Rating evaluates Franklin BSP Realty Trust Inc.'s dividend sustainability across four categories: Payout & Coverage (30%), Balance Sheet (20%), Profitability (20%), and Dividend Track Record (30%). Each metric is rated from "Very Safe" to "Danger" based on industry-standard thresholds, with sector-specific adjustments for real estate companies. The overall score ranges from 0 to 100.

Want to understand how we rate dividend safety? Read our full methodology

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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.