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FBRT'E NOW TRADING POST CALL DATE

Franklin BSP Realty Trust, Inc. · Series E · REITs
Also quoted as: FBRT-E, FBRTprE, FBRT.PRE, FBRT-PE, FBRTpE
$19.35
last price · 2026-09-14

About this security

FBRT'E is a 7.5% cumulative perpetual preferred stock issued by Franklin BSP Realty Trust, Inc., grouped under REITs. $25 liquidation preference, current yield 9.69%, callable from 2018-05-13.

Franklin BSP Realty Trust, Inc.: Franklin BSP Realty Trust (FBRT) is a Maryland-based real estate investment trust focused on real estate finance, operating through two business units: Commercial Real Estate Financing and an Agency Business. The company originates and manages commercial real estate debt investments, and in July 2025 expanded its agency lending capabilities through the acquisition of NewPoint Holdings JV LLC. FBRT is externally managed by Benefit Street Partners L.L.C., a credit-focused investment advisor established in 2008 that oversees strategies spanning high yield, private debt, structured credit, and commercial real estate debt on behalf of institutional and high-net-worth investors. Company website

All Franklin BSP Realty Trust, Inc. securities and the issuer profile →

Key Stats ✓ Verified against SEC filing (prospectus linked below)

live page · rendered 19:09:34 UTC · refreshes from the market feed on each visit · last SEC-verified 2026-06-16
Current yield
9.69%
Annual Dividend
$1.8750
Recent Market Price
$19.35
as of 2026-09-14
Disc/Prem to Par (→ screen)
Capital Appreciation to Par
+$5.65 (+29.2%)
Recent Ex-Date
2026-06-30
Pay Frequency
quarterly
Cumulative
Yes
Original Coupon
7.500%
Call Date
2018-05-13 ⚑ callable now
Yield to Call
n/a (callable now)
Yield to Worst
9.69%
Liq. Preference
$25.00
Maturity
Perpetual
Redeemable
Yes
Convertible
No (Limited change-of-control conversion)
Shares Offered (original)
6,900,000
Issued
2013-05-13
Series
E
Alt. Symbology
FBRT-E, FBRTprE, FBRT.PRE, FBRT-PE, FBRTpE

vs. REITs (132 issues with a current yield): yield 9.69% vs avg 8.43% · discount -22.6% vs avg -15.5%

Quote

 FBRT'E (preferred)FBRT (common)
As of 2026-09-14 2026-09-14
Last $19.35 $7.73
Change -0.06 (-0.31%) -0.05 (-0.64%)
Open$19.45$7.78
High / Low $19.50 / $19.32 $7.79 / $7.68
Prev Close$19.41$7.78
Volume20,2141,531,985
52-Week High / Low $22.22 / $19.01 $11.84 / $7.34

End-of-day closes, dated in the first row. A quote 3 or more trading sessions old is flagged stale, and a stale common quote is withheld. Change and Prev Close compare with the previous session's close. 52-week range based on available history, adjusted for splits. Shares outstanding / market cap require a fundamentals feed (not in current data plan).

Price

FBRT'E FBRT (common)

Dividend History

Ex-DateAmount / Share
2026-06-30$0.468750
2026-03-31$0.468750
2025-12-31$0.468750
2025-09-30$0.468750
2025-06-30$0.468750
2025-03-31$0.468750
2024-12-31$0.468750
2024-09-30$0.468750
2024-06-28$0.468750
2024-03-27$0.468750
2023-12-28$0.468750
2023-09-28$0.468750

Performance: $10K Calculator

See what an investment in FBRT'E would be worth today, dividends reinvested.

Dividends reinvested (DRIP) at the close on each ex-date. Full performance page →

Get dividend & filing alerts for FBRT'E →

Prospectus (SEC 424B5)

Full Prospectus (SEC filing) →

News: Franklin BSP Realty Trust, Inc.

Issuer news via Tiingo, filtered to stories about FBRT.

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