Brixmor Property Group Inc. (NYSE:BRX) Plans $0.31 Quarterly Dividend

Key Points

• Quarterly dividend of $0.3075 per share announced (annualized $1.23) with a yield of about 4.3%; record and ex-dividend date is April 2 and the payment is scheduled for April 15.
• The REIT's current dividend payout ratio is 128.1%, meaning the dividend currently exceeds earnings and is being covered from the balance sheet, but analysts forecast $2.33 EPS next year implying a projected payout ratio of ~52.8%.
• Recent quarter beat expectations with $0.58 EPS vs. $0.57 expected and revenue of $353.75M (up 7.7% YoY); management set FY2026 guidance of $2.33–$2.37 EPS.

Brixmor Property Group Inc. (NYSE:BRX - Get Free Report) announced a quarterly dividend on Wednesday, February 4th. Investors of record on Thursday, April 2nd will be given a dividend of 0.3075 per share by the real estate investment trust on Wednesday, April 15th. This represents a c) dividend on an annualized basis and a yield of 4.3%. The ex-dividend date is Thursday, April 2nd.

Brixmor Property Group has increased its dividend payment by an average of 0.2%annually over the last three years and has raised its dividend every year for the last 5 years. Brixmor Property Group has a dividend payout ratio of 128.1% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities research analysts expect Brixmor Property Group to earn $2.33 per share next year, which means the company should continue to be able to cover its $1.23 annual dividend with an expected future payout ratio of 52.8%.

Brixmor Property Group Trading Up 1.1%

Shares of BRX opened at $28.69 on Tuesday. Brixmor Property Group has a twelve month low of $22.28 and a twelve month high of $30.70. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 1.83. The firm has a market capitalization of $8.80 billion, a P/E ratio of 22.77, a PEG ratio of 2.55 and a beta of 1.05. The firm's 50-day moving average is $28.73 and its two-hundred day moving average is $27.30.

Brixmor Property Group (NYSE:BRX - Get Free Report) last announced its quarterly earnings results on Monday, February 9th. The real estate investment trust reported $0.58 EPS for the quarter, topping the consensus estimate of $0.57 by $0.01. The business had revenue of $353.75 million for the quarter, compared to analyst estimates of $347.42 million. Brixmor Property Group had a return on equity of 13.00% and a net margin of 28.16%.The company's quarterly revenue was up 7.7% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.53 EPS. Brixmor Property Group has set its FY 2026 guidance at 2.330-2.370 EPS. On average, research analysts predict that Brixmor Property Group will post 2.22 earnings per share for the current fiscal year.

About Brixmor Property Group

Brixmor Property Group is a publicly traded real estate investment trust (REIT) focused on the ownership, management and development of open-air shopping centers across the United States. The company acquires and leases retail properties that feature everyday, necessity-based tenants such as grocery stores, discount retailers, and service providers. Brixmor's core strategy centers on generating stable, long-term income streams through tenant relationships and targeted property enhancements.

The company's main business activities include proactive leasing, property upkeep and capital improvement projects designed to maximize occupancy and tenant satisfaction.

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