Saul Centers declares a $0.59 quarterly dividend, with a 6.12% yield and 190.3% payout ratio.
Saul Centers (NYSE:BFS) announced a $0.59 quarterly dividend on June 20th, payable on July 31st to shareholders of record by July 15th, representing a 6.12% dividend yield and a $2.36 annualized dividend. The company's dividend payout ratio is currently 190.3%, indicating reliance on balance sheet for dividend payments. Despite this, analysts expect Saul Centers to cover its $2.36 annual dividend with expected future payout ratio of 82.8% based on projected $2.85 earnings per share next year.
July 14, 2024
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