Franklin Street Properties Corp.(NYSEMKT:FSP) Declares Dividend of $0.1900.

Franklin Street Properties Corp. (NYSEMKT:FSP) had declared a cash dividend of $0.1900 on Oct 7, 2016. The shares will quote ex-dividend on Oct 19, 2016 and the record date has been fixed for Oct 21, 2016. On Oct 7, 2016 share price, the yield comes out to be 6.4736%. The dividend payable date has been fixed on Nov 10, 2016.

In a different note, On Aug 22, 2016, BMO Capital said it Maintains its rating on Franklin Street Properties Corp.. In the research note, the firm Raises the price-target to $12.51 per share. The shares have been rated ‘Market Perform’ by the firm. On Jul 29, 2016, Baird said it Upgrades its rating on Franklin Street Properties Corp.. The shares have been rated ‘Outperform’ by the firm.

Franklin Street Properties Corp. (FSP) made into the market gainers list on Fridays trading session with the shares advancing 0.34% or 0.04 points. Due to strong positive momentum, the stock ended at $11.89, which is also near the day’s high of $11.98. The stock began the session at $11.87 and the volume stood at 2,41,198 shares. The 52-week high of the shares is $13.18 and the 52 week low is $8.67. The company has a current market capitalization of $1,191 M and it has 10,01,87,405 shares in outstanding.

Franklin Street Properties Corp.(FSP) last announced its earnings results on Jul 26, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $60.81M. Analysts had an estimated revenue of $58.62M. Earnings per share were $0.19. Analysts had estimated an EPS of $0.26.

Several Insider Transactions has been reported to the SEC. On Aug 31, 2016, Eriel Anchondo (COO) purchased 1,770 shares at $12.59 per share price.Also, On Aug 16, 2016, Kenneth A Hoxsie (director) purchased 8,000 shares at $12.45 per share price.On May 25, 2016, John N Burke (director) purchased 1,385 shares at $11.08 per share price, according to the Form-4 filing with the securities and exchange commission.

Franklin Street Properties Corp. (FSP Corp.) is a Real Estates Investment Trusts (REIT). The Company is focused on commercial real estate investments primarily in office markets and operates through real estate operations. The Company’s real estate operations include real estate rental operations leasing secured financing of real estate and services provided for asset management property management property acquisitions dispositions and development. It owns and operates a portfolio of real estate consisting of 38 properties managed 10 Sponsored REITs and held five promissory notes secured by mortgages on real estate owned by Sponsored REITs. FSP Corp. holds directly and indirectly 100% of the interest in FSP Investments LLC FSP Property Management LLC FSP Holdings LLC and FSP Protective TRS Corp. It provides asset management property management property accounting development services to its portfolio and certain of its Sponsored REITs through its subsidiaries.

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