Broadstone Net Lease Inc. (BNL) Dividends
Dividend Yield and Dividend History Highlights
- BNL reports a compound annual dividend growth rate of 0.2% over the past 4.25 years.
- As for its free cash flow/dividend ratio, BNL's comes in at -0.74 -- better than 78.87% of other US-listed dividend issuers.
BNL Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $15.93 | $59.06 | 177.94% |
The Dividend Discount Model (DDM) is a valuation model that attempts to determine a fair share price for a stock, based on the dividend it provides in comparison to several company-specific metrics indicative of the riskiness of the stock and the financial health of the company. As for BNL, the DDM model, as implemented by StockNews, implies a positive return of 177.94% relative to its current price. Digging deeper, the aspects of Broadstone Net Lease Inc's dividend discount model that we found most interesting were:
- In comparison to stocks we observe that provide shareholders with a dividend, Broadstone Net Lease Inc's dividend yield of 4.99% is in the top 14.26%.
- BNL's market cap of approximately $3 billion makes it a mid-sized market cap company; out of dividend issuers in this group, the investment opportunity based on the difference between its current share price and its forecasted DDM value is greater than 80.62% of them.
- Based on dividend growth rate, Broadstone Net Lease Inc has been increasing its dividends at a faster rate than 94.18% of US-listed dividend-issuing stocks we observed.
BNL Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2024-12-31 | Dividend | $0.29 | -- |
| 2024-09-30 | Dividend | $0.29 | -- |
| 2024-06-28 | Dividend | $0.29 | +1.75% |
| 2024-03-27 | Dividend | $0.29 | -- |
| 2023-12-28 | Dividend | $0.29 | +1.79% |
| 2023-09-28 | Dividend | $0.28 | -- |
| 2023-06-29 | Dividend | $0.28 | +1.82% |
| 2023-03-30 | Dividend | $0.28 | -- |
| 2022-12-29 | Dividend | $0.28 | +1.85% |
| 2022-09-29 | Dividend | $0.27 | -- |
| 2022-06-29 | Dividend | $0.27 | +1.89% |
| 2022-03-30 | Dividend | $0.27 | -- |
| 2021-12-30 | Dividend | $0.27 | +3.92% |
| 2021-09-29 | Dividend | $0.26 | -- |
| 2021-06-29 | Dividend | $0.26 | +2.00% |
| 2021-03-30 | Dividend | $0.25 | -- |
| 2020-12-30 | Dividend | $0.25 | -- |
BNL Dividends vs. Peers
BNL's dividend yield currently ranks #61 of 68 vs. its peers in the REITs - Diversified category.