UK markets close in 1 hour 56 minutes
  • FTSE 100

    7,568.70
    -20.96 (-0.28%)
     
  • FTSE 250

    22,673.16
    +18.14 (+0.08%)
     
  • AIM

    1,154.25
    +4.76 (+0.41%)
     
  • GBP/EUR

    1.2017
    +0.0018 (+0.15%)
     
  • GBP/USD

    1.3639
    +0.0027 (+0.20%)
     
  • BTC-GBP

    31,129.46
    +21.99 (+0.07%)
     
  • CMC Crypto 200

    1,010.49
    +15.23 (+1.53%)
     
  • S&P 500

    4,562.78
    +30.02 (+0.66%)
     
  • DOW

    35,223.11
    +194.46 (+0.56%)
     
  • CRUDE OIL

    86.74
    -0.22 (-0.25%)
     
  • GOLD FUTURES

    1,845.70
    +2.50 (+0.14%)
     
  • NIKKEI 225

    27,772.93
    +305.70 (+1.11%)
     
  • HANG SENG

    24,952.35
    +824.50 (+3.42%)
     
  • DAX

    15,833.56
    +23.84 (+0.15%)
     
  • CAC 40

    7,156.92
    -16.06 (-0.22%)
     

Franklin Street Properties Corp. Declares Special Cash Dividend

  • Oops!
    Something went wrong.
    Please try again later.
·1-min read
In this article:
  • Oops!
    Something went wrong.
    Please try again later.

WAKEFIELD, Mass., December 03, 2021--(BUSINESS WIRE)--Franklin Street Properties Corp. ("FSP", "our" or "we") (NYSE American: FSP) announced today that its Board of Directors declared a special cash dividend of $0.32 per share of common stock payable on January 12, 2022 to stockholders of record as of the close of business on December 31, 2021. The decision to declare a special dividend was a result of taxable gains realized on our previously disclosed dispositions of approximately $600 million of assets in the aggregate during 2021.

This press release, along with other news about FSP, is available on the Internet at www.fspreit.com. We routinely post information that may be important to investors in the Investor Relations section of our website. We encourage investors to consult that section of our website regularly for important information about us and, if they are interested in automatically receiving news and information as soon as it is posted, to sign up for E-mail Alerts.

About Franklin Street Properties Corp.

Franklin Street Properties Corp., based in Wakefield, Massachusetts, is focused on infill and central business district (CBD) office properties in the U.S. Sunbelt and Mountain West, as well as select opportunistic markets. FSP seeks value-oriented investments with an eye towards long-term growth and appreciation, as well as current income. FSP is a Maryland corporation that operates in a manner intended to qualify as a real estate investment trust (REIT) for federal income tax purposes. To learn more about FSP please visit our website at www.fspreit.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211203005049/en/

Contacts

For Franklin Street Properties Corp.
Georgia Touma, 877-686-9496

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting