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26 June
Ex-Dividend Reminder: Starwood Property Trust, InvenTrust Properties and Franklin BSP Realty Trust

Looking at the universe of stocks we cover at Dividend Channel, on 6/28/24, Starwood Property Trust Inc. (Symbol: STWD), InvenTrust Properties Corp (Symbol: IVT), and Franklin BSP Realty Trust Inc (Symbol: FBRT) will all trade ex-dividend for their respective upcoming dividends. Starwood Property Trust Inc. will pay its quarterly dividend of $0.48 on 7/15/24, InvenTrust Properties Corp will pay its quarterly dividend of $0.2263 on 7/15/24, and Franklin BSP Realty Trust Inc will pay its quarterly dividend of $0.355 on 7/10/24. As a percentage of STWD's recent stock price of $19.20, this dividend works out to approximately 2.50%, so look for shares of Starwood Property Trust Inc. to trade 2.50% lower — all else being equal — when STWD shares open for trading on 6/28/24. Similarly, investors should look for IVT to open 0.92% lower in price and for FBRT to open 2.75% lower, all else being equal.

Below are dividend history charts for STWD, IVT, and FBRT, showing historical dividends prior to the most recent ones declared.

Starwood Property Trust Inc. (Symbol: STWD):

STWD+Dividend+History+Chart

InvenTrust Properties Corp (Symbol: IVT):

IVT+Dividend+History+Chart

Franklin BSP Realty Trust Inc (Symbol: FBRT):

FBRT+Dividend+History+Chart

In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 10.00% for Starwood Property Trust Inc., 3.68% for InvenTrust Properties Corp, and 11.00% for Franklin BSP Realty Trust Inc.

In Wednesday trading, Starwood Property Trust Inc. shares are currently down about 1.4%, InvenTrust Properties Corp shares are off about 0.3%, and Franklin BSP Realty Trust Inc shares are up about 0.9% on the day.

Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

Also see:

Ex-Dividend Calendar
EUDG Historical Stock Prices
CHDN Dividend History

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.