Saul Centers Declares Quarterly Dividends
Rhea-AI Summary
Saul Centers (NYSE: BFS) declared a quarterly common dividend of $0.59 per share, payable on January 30, 2026 to holders of record on January 15, 2026. The common dividend is unchanged from the prior quarter and the prior-year comparable quarter.
The company also declared preferred dividends: Series D at $0.3828125 per depositary share and Series E at $0.3750000 per depositary share, payable on January 15, 2026 to holders of record on January 2, 2026. Saul Centers operates 62 properties (about 10.5 million sq ft leasable), with over 85% of property operating income generated in the Washington, DC/Baltimore metro area.
Positive
- Common dividend $0.59 per share payable Jan 30, 2026
- Preferred payouts Series D $0.3828125 and Series E $0.375 payable Jan 15, 2026
- Dividend consistency unchanged quarter‑over‑quarter and year‑over‑year
Negative
- No increase in common dividend versus prior quarter and prior year
- Geographic concentration >85% property income from DC/Baltimore
News Market Reaction
On the day this news was published, BFS gained 1.10%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
BFS rose 1.1% while peers were mixed, with CBL and ALX up and GTY and NTST down, suggesting a company-specific response to the dividend news.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Dec 04 | Dividend declaration | Neutral | +1.1% | Maintained common and preferred quarterly dividends at prior levels. |
| Sep 23 | Dividend declaration | Neutral | +0.3% | Reaffirmed unchanged common and preferred dividends for Q4 2025. |
| Aug 07 | Earnings release | Neutral | -0.1% | Mixed Q2 2025 results with higher revenue but lower net income and FFO. |
| Jun 12 | Dividend declaration | Neutral | -2.0% | Announced quarterly common and preferred dividends at unchanged rates. |
Repeated dividend declarations at an unchanged rate have generally been followed by modest, mixed price moves around the announcement dates.
Over the last year, Saul Centers reported mixed Q2 2025 earnings and multiple dividend-related announcements. Q2 results showed higher revenue but lower net income and FFO, with a nearly flat price reaction. Dividend declarations on Jun 12, Sep 23, and Dec 4 each maintained the common payout at $0.59 per share, with small positive and negative moves. A January 2025 tax treatment release for 2024 dividends also saw limited price impact, underscoring a generally muted trading response to dividend communications.
Market Pulse Summary
This announcement reiterates Saul Centers’ quarterly dividends, maintaining the common payout at $0.59 per share and confirming preferred Series D and E dividends at established levels. The message fits a pattern of steady dividend communications through 2025 rather than signaling a change in policy. Investors may watch future earnings, occupancy, and financing updates for insight into the sustainability of current distributions and how they interact with the company’s concentrated DC/Baltimore-area portfolio.
Key Terms
cumulative redeemable preferred stock financial
equity REIT financial
forward-looking statements regulatory
AI-generated analysis. Not financial advice.
The Company also declared quarterly dividends on (a) its
Saul Centers is a self-managed, self-administered equity REIT headquartered in
More information about Saul Centers is available on the Company's website at www.saulcenters.com.
Safe Harbor Statement
Certain matters discussed within this press release may be deemed to be forward-looking statements within the meaning of the federal securities laws. For these statements, we claim the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. Although the Company believes the expectations reflected in the forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectations will be attained. These factors include, but are not limited to, the risk factors described in (i) our Annual Report on Form 10-K for the year ended December 31, 2024, and (ii) our Quarterly Report on Form 10-Q for the quarter ended September 30, 2025, and include the following: (i) general adverse economic and local real estate conditions, (ii) the inability of major tenants to continue paying their rent obligations due to bankruptcy, insolvency or a general downturn in their business, (iii) financing risks, such as the inability to obtain equity, debt or other sources of financing or refinancing on favorable terms to the Company, (iv) the Company's ability to raise capital by selling its assets, (v) changes in governmental laws and regulations and management's ability to estimate the impact of such changes, (vi) the level and volatility of interest rates and management's ability to estimate the impact thereof, (vii) the availability of suitable acquisition, disposition, development and redevelopment opportunities, and risks related to acquisitions not performing in accordance with our expectations, (viii) increases in operating costs, (ix) changes in the dividend policy for the Company's common and preferred stock and the Company's ability to pay dividends at current levels, (x) the reduction in the Company's income in the event of multiple lease terminations by tenants or a failure by multiple tenants to occupy their premises in a shopping center, (xi) impairment charges, (xii) unanticipated changes in the Company's intention or ability to prepay certain debt prior to maturity and (xiii) an outbreak or pandemic of any highly infectious or contagious diseases or other public emergencies, and the measures that international, federal, state and local governments, agencies, law enforcement and/or health authorities implement to address it, which may precipitate or exacerbate one or more of the above-mentioned and/or other risks, and significantly disrupt or prevent us from operating our business in the ordinary course for an extended period. Given these uncertainties, readers are cautioned not to place undue reliance on any forward-looking statements that we make, including those in this press release. Except as may be required by law, we make no promise to update any of the forward-looking statements as a result of new information, future events or otherwise. You should carefully review the risks and risk factors included in (i) our Annual Report on Form 10-K for the year ended December 31, 2024, and (ii) our Quarterly Report on Form 10-Q for the quarter ended September 30, 2025.
View original content:https://www.prnewswire.com/news-releases/saul-centers-declares-quarterly-dividends-302633533.html
SOURCE Saul Centers, Inc.
FAQ
What dividend did Saul Centers (BFS) declare for common shareholders on Dec 4, 2025?
When will the Saul Centers (BFS) common dividend be paid and who is eligible?
What are the declared preferred dividends for Saul Centers (BFS) and their payment dates?
Did Saul Centers (BFS) change its common dividend compared with the prior quarter?
How large is Saul Centers' property portfolio and where is it concentrated?
What record dates must investors meet to receive Saul Centers (BFS) dividends in January 2026?
