Brandywine Rlty Tr Stock Price, News & Analysis

Brandywine Realty Trust (NYSE: BDN) has announced the tax characteristics of its 2021 distributions, reported on Form 1099-DIV. The total gross distribution per share is $0.760000, with taxable ordinary dividends accounting for 83.9% of the total. Four dividend payments were made throughout 2021, each at $0.190000. Shareholders are advised to consult tax advisors regarding the specific treatment of these dividends, as the distributions primarily consist of ordinary dividends with minimal capital gains. A detailed tax report is available on the company's website.

Brandywine Realty Trust (NYSE:BDN) has declared a quarterly cash dividend of $0.19 per common share, payable on January 19, 2022, to shareholders of record by January 5, 2022. This dividend equates to an annual rate of $0.76 per share. The company is also set to hold its fourth quarter 2021 earnings conference call on February 3, 2022, at 9:00 a.m. Eastern. Brandywine focuses on urban, town center, and transit-oriented real estate, managing a portfolio of 172 properties totaling 24.2 million square feet as of September 30, 2021.

Brandywine Realty Trust (NYSE: BDN) announced that B.Labs at Cira Centre has achieved 50% leasing, attracting notable life science firms including BriaCell and Ceptur Therapeutics. Set to open in January 2022, B.Labs will offer high-quality research space, state-of-the-art technology, and specialized services, further solidifying Philadelphia as a premier life science hub. The facility is part of a master-planned $3.5B Schuylkill Yards community, emphasizing urban connectivity and wellness. Brandywine's Life Science platform encompasses over 3 million square feet of lab and research space, with expansion plans in Austin and Metro D.C.

Brandywine Realty Trust (NYSE:BDN) reported its Q3 2021 financial results, highlighting a net income of $0.9 million ($0.01 per diluted share) and FFO of $61.1 million ($0.35 per diluted share). The core portfolio occupancy was at 90.3%, with a tenant retention ratio of 57%. The company saw a 16% mark-to-market rent increase, alongside a revised speculative revenue target of $21 million. Management narrowed the 2021 FFO guidance to $1.35-$1.39 per share, reflecting strong tenant activity and a proactive business plan. A quarterly dividend of $0.19 was declared.

Brandywine Realty Trust (NYSE: BDN) announced a quarterly cash dividend of $0.19 per common share, payable on October 20, 2021. The annualized rate stands at $0.76 per share. The record date for this dividend is October 6, 2021. Brandywine Realty Trust continues to focus on urban and transit-oriented markets, owning 174 properties comprising 24.5 million square feet as of June 30, 2021. The company will also host a third quarter conference call on October 26, 2021.

Brandywine Realty Trust (NYSE: BDN) reported Q2 2021 results with a net loss of $0.3 million, translating to less than ($0.01) per share. Funds from Operations (FFO) stood at $55.9 million, or $0.32 per share. The core portfolio occupancy was 90.5%, with new and renewal leases signed totaling 435,000 square feet. Rental rates increased by 22% on an accrual basis. The company narrowed its speculative revenue guidance to $20.0-$21.0 million. A construction loan of $186.7 million was secured for a development project. The dividend of $0.19 per share was declared for distribution on July 21, 2021.

Brandywine Realty Trust (NYSE:BDN) declared a quarterly cash dividend of $0.19 per common share, payable on July 21, 2021, to holders of record on July 7, 2021. This dividend equates to an annual rate of $0.76 per share. The company will also hold its second quarter conference call on July 27, 2021, at 9:00 a.m. Eastern Time, available via phone and webcast. Brandywine Realty Trust is a leading real estate investment trust focused on key U.S. markets, managing a portfolio of 174 properties and 24.5 million square feet as of March 31, 2021.

Brandywine Realty Trust (NYSE: BDN) reported its Q1 2021 results, with net income of $6.8 million or $0.04 per diluted share. Funds from Operations (FFO) totaled $60.2 million ($0.35 per share). The company achieved 90.3% occupancy in its core portfolio and signed 493,251 square feet in new and renewal leases. Despite a slight decline in same-store net operating income, Brandywine remains optimistic about future performance, narrowing its FFO guidance for 2021 to $1.33 - $1.41 per share. Cash rent collections stood at 98.9%, indicating strong tenant compliance amid ongoing COVID-19 challenges.