Saul Centers Declares Quarterly Dividends

Rhea-AI Summary

Saul Centers (NYSE: BFS) declared a quarterly common dividend of $0.59 per share, payable April 30, 2026, to holders of record on April 15, 2026. The common dividend is unchanged from the prior quarter and prior-year comparable quarter.

The company also declared preferred dividends: Series D $0.3828125 and Series E $0.3750000 per depositary share, payable April 15, 2026, to holders of record on April 1, 2026. Saul Centers manages a portfolio of 62 properties (~10.5 million sq ft); over 85% of property operating income is from the metropolitan Washington, DC/Baltimore area.

Positive

• Common dividend maintained at $0.59 per share
• Declared preferred dividends: Series D $0.3828125 per share
• Declared preferred dividends: Series E $0.3750000 per share
• Portfolio scale: 62 properties (~10.5 million sq ft)

Negative

• Common dividend unchanged quarter-over-quarter
• Revenue concentration: >85% operating income from DC/Baltimore

BETHESDA, Md., March 16, 2026 /PRNewswire/ -- Saul Centers, Inc. (NYSE: BFS) has declared a quarterly dividend of $0.59 per share on its common stock, to be paid on April 30, 2026, to holders of record on April 15, 2026. The common dividend is unchanged from the amount paid in the previous quarter and the amount paid in the prior year's comparable quarter.

The Company also declared quarterly dividends on (a) its 6.125% Series D Cumulative Redeemable Preferred Stock, in the amount of $0.3828125 per depositary share and (b) its 6.000% Series E Cumulative Redeemable Preferred Stock, in the amount of $0.3750000 per depositary share. The preferred dividends will be paid on April 15, 2026, to holders of record on April 1, 2026.

Saul Centers is a self-managed, self-administered equity REIT headquartered in Bethesda, Maryland. Saul Centers currently operates and manages a real estate portfolio comprised of 62 properties, which includes (a) 59 community and neighborhood shopping centers and mixed-use properties with approximately 10.5 million square feet of leasable area and (b) three land and development properties. Over 85% of the Saul Centers' property operating income is generated by properties in the metropolitan Washington, DC/Baltimore area.

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 our Annual Report on Form 10-K for the year ended December 31, 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 our Annual Report on Form 10-K for the year ended December 31, 2025.

View original content:https://www.prnewswire.com/news-releases/saul-centers-declares-quarterly-dividends-302715145.html

SOURCE Saul Centers, Inc.

FAQ

What dividend did Saul Centers (BFS) declare for April 2026?

Saul Centers declared a quarterly common dividend of $0.59 per share, payable April 30, 2026. According to the company, the dividend is unchanged from the prior quarter and the prior-year comparable quarter.

When are the record and payment dates for Saul Centers common dividend (BFS)?

The record date is April 15, 2026 and the payment date is April 30, 2026. According to the company, holders of record on April 15 will receive the common dividend on April 30.

What preferred dividends did Saul Centers (BFS) declare and when will they be paid?

Saul Centers declared Series D at $0.3828125 and Series E at $0.3750000 per depositary share, payable April 15, 2026. According to the company, the preferred record date is April 1, 2026.

How large is Saul Centers' real estate portfolio referenced in the dividend release (BFS)?

Saul Centers operates a portfolio of 62 properties, about 10.5 million square feet of leasable area. According to the company, this includes 59 shopping/mixed-use properties and three land/development properties.

Does the March 16, 2026 dividend announcement for Saul Centers (BFS) indicate a dividend increase?

No, the announcement shows the common dividend is unchanged from the prior quarter and the prior-year comparable quarter. According to the company, the common dividend amount remains $0.59 per share.