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FBRT-E Franklin BSP Realty Trust, Inc. 7.50% Series E Cumulative Preferred

Cumulative cash dividends at the rate of 7.50% of the $25.00 per share liquidation preference per annum (equivalent to $1.875 per annum per share). Dividends on the Series E Preferred Stock shall accumulate daily and shall be cumulative from, and including, October 15, 2021 and shall be payable quarterly in arrears on the 15th day of each January, April, July and October, commencing on January 15, 2022. At any time, the Company may, at its option, upon not less than 30 nor more than 60 days’ written notice, redeem the Series E Preferred Stock, in whole or in part, at any time or from time to time, for cash at a redemption price of Twenty-Five Dollars ($25.00) per share, plus any accumulated and unpaid dividends thereon to, but not including, the date fixed for redemption.  This security was issued by Franklin BSP Realty Trust, Inc., whose common stock symbol is FBRT.

$18.82  +0.19 (1.02%)
As of 03/27/2023 10:45:53 EST     IEX book   CBOE book

Security Information
Category1:  US Equity
Category2:  Preferred stocks
Category3:  Non-convertible
GICS sector:  Financials
Industry:  REIT—Mortgage
Index country:  USA
Country of incorporation:  USA
IPO date:  10/19/2021
Outstanding shares:  6,000,000
Average volume:  17,445
Market cap:   $122,700,000
Current dividend yield:  9.17%    calculation
Coupon rate:    7.500%
Cumulative:    Yes
Liquidation value:   $25.00
Callable after:   10/24/2021
Maturity date:    n/a - perpetual
Prospectus:    Read on SEC.gov
All SEC filings:     SEC Edgar Online
Quarterly filings:   10-Q
Annual filings:      10-K

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