September 26, 2024
PHILADELPHIA, Sept. 25, 2024 (GLOBE NEWSWIRE) -- In a move that is set to shake the real estate industry to its core, Brandywine Realty Trust (NYSE:BDN) has just announced that its Board of Trustees has declared a massive quarterly cash dividend of $0.15 per common share and OP Unit payable on October 24, 2024 to holders of record on October 9, 2024. This bold decision is equivalent to an annual rate of $0.60 per share, proving once again that Brandywine Realty Trust is a force to be reckoned with in the United States real estate market.
This incredible news comes on the heels of Brandywine Realty Trust’s consistent track record of delivering exceptional results to its investors. As one of the largest, publicly traded, full-service, integrated real estate companies in the United States, the company has built a reputation for its unwavering commitment to excellence and its unrelenting drive to push the boundaries of what is possible in the real estate industry.
But what makes Brandywine Realty Trust’s latest announcement truly significant is its potential impact on the real estate market as a whole. With its quarterly dividend payout, the company is not only rewarding its loyal shareholders but also injecting a fresh wave of capital into the market, which could have far-reaching consequences for the entire industry.
And that’s not all - Brandywine Realty Trust has also confirmed that it will be releasing its third quarter earnings after the market close on Tuesday October 22, 2024, followed by a third quarter conference call on Wednesday October 23, 2024 at 9:00 a.m. Eastern Time. This represents a rare opportunity for investors to gain valuable insights into the company’s financial performance and strategic vision, making it an absolute must-attend event for anyone who wants to stay ahead of the curve in the world of real estate investing.
Those who want to access the conference call by phone can do so by visiting the company’s website, where they will be provided with dial-in details. And for those who prefer to tune in online, a live webcast of the conference call will also be available on the Investor Relations page of Brandywine Realty Trust’s website at www.brandywinerealty.com.
About Brandywine Realty TrustBrandywine Realty Trust (NYSE:BDN) is one of the largest, publicly traded, full-service, integrated real estate companies in the United States, with a core focus in the Philadelphia and Austin markets. Organized as a real estate investment trust (REIT), the company owns, develops, leases, and manages an urban, town center, and transit-oriented portfolio comprising 156 properties and 22.3 million square feet as of June 30, 2024. With a rich history of delivering exceptional results and creating value for its shareholders, Brandywine Realty Trust remains one of the most respected names in the real estate industry today.
But what truly sets Brandywine Realty Trust apart from its competitors is its purpose-driven approach to business. Unlike other companies that are solely focused on generating profits, Brandywine Realty Trust has a higher calling - to shape, connect, and inspire the world around us through its expertise, relationships, and community involvement. This sense of purpose is reflected in everything the company does, from its commitment to sustainability and social responsibility to its focus on creating vibrant and thriving communities that bring people together and make a positive impact on the world.
For more information on Brandywine Realty Trust’s latest dividend announcement and its upcoming earnings release, please visit the company’s website at www.brandywinerealty.com. And for those who want to stay up-to-date on the latest news and developments from the world of real estate investing, be sure to follow Brandywine Realty Trust on social media for all the latest updates and insights.
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