BNL dividend yield – Broadstone Net Lease Announces 0.28 Cash Dividend
June 24, 2023
🌥️Dividends Yield
Broadstone Net Lease ($NYSE:BNL) Inc. recently announced on June 1, 2023, that it will be issuing a 0.28 cash dividend to its investors. This dividend provides an opportunity for those looking to invest in dividend stocks to consider BROADSTONE NET LEASE as a potential option. Over the past three years, it has issued an annual dividend of 1.09, 1.08, and 1.02 USD per share, translating to a dividend yield of 5.64%, 5.36%, and 4.47% from 2021 to 2023 respectively, with an average dividend yield of 5.16%.
The ex-dividend date for this stock is June 29, 2023. Therefore, investors have the opportunity to purchase the stock on or before the ex-dividend date to receive the dividend.
Share Price
The stock opened at $15.6 and closed at the same price, down by 0.3% from the prior closing price of $15.7. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for BNL. More…
| Total Revenues | Net Income | Net Margin |
| 432.66 | 134.34 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for BNL. More…
| Operations | Investing | Financing |
| 255.91 | -859.64 | 636 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for BNL. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 5.34k | 2.1k | 16.45 |
Key Ratios Snapshot
Some of the financial key ratios for BNL are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| – | – | 47.9% |
| FCF Margin | ROE | ROA |
| – | – | – |
Analysis – BNL Intrinsic Value
GoodWhale has conducted an analysis of BROADSTONE NET LEASE’s wellbeing and our proprietary Valuation Line has calculated the fair value of their share at around $24.2. However, this is currently trading at $15.6, meaning it is undervalued by 35.5%. This provides a great opportunity for investors to buy this stock at a discounted rate. We believe that there is potential for BROADSTONE NET LEASE to grow in the near future and offer investors good return on their investment. More…
Peers
The commercial real estate sector is extremely competitive, with many companies vying for the same tenants and properties. Broadstone Net Lease Inc is no exception, and must compete with the likes of Inland Real Estate Income Trust Inc, Emirates Properties REIT, and Balkan and Sea Properties Reit-Varna. While each company has its own strengths and weaknesses, they all share one common goal: to be the best in the business.
– Inland Real Estate Income Trust Inc ($OTCPK:INRE)
Inland Real Estate Income Trust Inc is a real estate investment trust that focuses on owning and operating income-producing real estate properties in the United States. As of December 31, 2020, the company owned and operated a portfolio of 104 properties, consisting of 97 retail properties, four office properties, and three industrial properties. The company was founded in 2010 and is headquartered in Oak Brook, Illinois.
– Emirates Properties REIT ($LTS:0NXF)
Balkan and Sea Properties Reit-Varna is a publicly traded real estate investment trust that focuses on properties in the Balkans and the Black Sea region. The company’s portfolio includes office, retail, and residential properties.
Summary
BROADSTONE NET LEASE is an attractive choice for investors looking for dividend stocks. Over the past three years, it has issued an annual dividend of 1.09, 1.08, and 1.02 USD per share, resulting in a dividend yield of 5.64%, 5.36%, and 4.47% respectively, with an average yield of 5.16%. Its consistent dividend payments and strong yield make BROADSTONE NET LEASE a secure investment for those interested in collecting income.
