About Brandywine Realty Trust (BDN) — Dividend Analysis 2026
Brandywine Realty Trust (NYSE: BDN) is a prominent, publicly traded Real Estate Investment Trust (REIT) operating across the United States. The company stands as a full-service, integrated real estate enterprise, primarily concentrating its operations in key markets such as Philadelphia, Austin, and Washington, D.C. Brandywine actively acquires, develops, leases, and manages a diverse portfolio of urban, town center, and transit-oriented properties. As of December 31, 2020, this extensive portfolio comprised approximately 175 properties, totaling 24.7 million square feet, a figure which excludes assets held for sale. At its core, Brandywine aims to shape, connect, and inspire the environment around it, achieving this through its specialized expertise, the robust relationships it cultivates, its engagement with the communities it serves, and the lasting legacy it collectively builds.
Is BDN a good dividend investment in 2026?
BDN offers a 11.55% forward yield with a 50% payout ratio. Strand Safety Score: 42/100 (High Risk). The 5-year dividend CAGR of -6.8% is modest — investors should weigh current income against growth alternatives.
BDN DRIP calculator — what's the difference?
With DRIP on a $10,000 investment over 10 years, your BDN portfolio grows to $18.9K vs $16.1K without reinvestment. This is the compound interest effect in action.
BDN dividend growth history & forecast
BDN has grown its dividend by -33.3% over the last year and -6.8% annually over 5 years. At this pace, an investor who holds for 10+ years will see their yield on cost grow substantially above the current 11.55%.
FCF ($3M) is below dividends paid ($55M) — risk of cut (FCF: $3M · Dividends est.: $55M)
Debt Leverage
12 / 30 pts
12/30
Debt/EBITDA data not available for this ticker
Earnings Momentum-0.2B → -0.2B → -0.2B
30 / 30 pts
30/30
Net income grew for 2 consecutive years — strong earnings momentum
OVERALL ASSESSMENT
Dividend sustainability questionable — consider alternative income stocks.
STRAND SCORE
42
/100
Strand Safety Score™ is proprietary to DividendFlow. Inputs: FCF, Debt/EBITDA, Net Income from SEC filings via FMP. Not financial advice. N/A for ETFs, pre-revenue companies, and tickers without income statements.
🌍 BDN Yield by Country & Account Type
Real after-tax yield depends on where you live and how you hold BDN.
Gross yield
11.55%
Tax rate
15.00%
After-tax yield
9.82%
Real yield (−CPI)
7.02%
Account/Country
Tax Rate
After-tax Yield
Real Yield
$10K Annual Income
🇺🇸 Roth IRA / 401k
0%
11.55%
8.75%
$1,155 / yr
🇺🇸 US Taxable (15%) ✓
15%
9.82%
7.02%
$982 / yr
🇺🇸 US Taxable (20%)
20%
9.24%
6.44%
$924 / yr
🇬🇧 UK ISA
0%
11.55%
8.75%
$1,155 / yr
🇬🇧 UK Taxable
8.75%
10.54%
7.74%
$1,054 / yr
🇨🇦 TFSA
0%
11.55%
8.75%
$1,155 / yr
🇨🇦 CA Taxable
25%
8.66%
5.86%
$866 / yr
🇦🇺 Super (pension)
15%
9.82%
7.02%
$982 / yr
🇦🇺 AU Taxable
30%
8.09%
5.29%
$809 / yr
🇩🇪 DE Taxable
26.375%
8.50%
5.70%
$850 / yr
🇫🇷 FR Taxable
30%
8.09%
5.29%
$809 / yr
Real yield = after-tax yield minus US CPI of 2.8%. 12-month CPI (US BLS via FMP economic-indicators). Click any row to select. US withholding tax (30%, reducible by treaty) applies to non-US residents holding US stocks in taxable accounts.
🎯 BDN Income Goal & Break-Even
Dividend Break-Even
18yr
Years for dividends to fully repay your BDN investment of $2.77/share (🇺🇸 US Taxable (15%) · 15.00% tax)
$10K invested · 10 Years
Dividends earned (DRIP)
$9.4K
Lost to inflation (2.8% CPI)
−$2.5K
Real purchasing power gain
$6.9K
12-month CPI (US BLS via FMP economic-indicators).
How much do I need to invest in BDN for:
Shares needed
88,236
Capital required
$244,414
Monthly income
$2,000
Based on current dividend of $0.32/share/yr · 🇺🇸 US Taxable (15%) · static projection (no growth assumed).
📅 BDN Dividend Payment Schedule
BDN pays quarterly — 4 times per year. Ex-div: 2026-10-08.
Jan
💰
Feb
Mar
Apr
💰
May
Jun
Jul
💰
Aug
Sep
Oct
💰
Nov
Dec
10 shares
$0.68 / payment
$2.72 / year after tax
100 shares
$6.80 / payment
$27.20 / year after tax
1,000 shares
$68.00 / payment
$272.00 / year after tax
📊 BDN vs Real Estate Benchmarks
How BDN compares to typical Real Estate averages.
Benchmark: Real Estate
Dividend Yield▲+6.35% vs sectorBetter
BDN
11.55%
avg
5.20%
5Y Dividend CAGR▼-10.90% vs sectorBelow avg
BDN
-6.80%
avg
4.10%
Payout Ratio▲-28.00% vs sectorBetter
BDN
50.00%
avg
78.00%
Benchmarks: S&P 500 sector averages (2024–2026). Sources: Morningstar, Bloomberg, NAREIT. 5Y CAGR for BDN sourced from FMP /financial-growth endpoint — real data, not estimates.
🏛️ BDN Insider Activity
▲ 1 Buys
When executives buy their own stock, it's a signal they believe in the dividend's sustainability.
Insider
Title
Type
Date
Shares
Price
Total Value
SWEENEY GERARD H
director, officer: President and CEO
Buy
2026-09-14
33,900
$2.96
$100.3K
SWEENEY GERARD H
director, officer: President and CEO
F-InKind
2026-07-06
1,749
$3.17
$5.5K
DIGGS JAMES C
director
A-Award
2026-05-28
37,582
—
—
DesRoches Reginald
director
A-Award
2026-05-28
37,582
—
—
HAVERSTICK H RICHARD JR
director
A-Award
2026-05-28
37,582
—
—
Lau Joan
director
A-Award
2026-05-28
37,582
—
—
PIZZI CHARLES P
director
A-Award
2026-05-28
37,582
—
—
Neuman Shawn
officer: General Counsel & Secretary
F-InKind
2026-04-15
21,114
$2.76
$58.3K
WIRTH TOM
officer: Executive Vice President & CFO
F-InKind
2026-04-15
35,681
$2.76
$98.5K
PALAZZO DANIEL A
officer: SVP & Chief Accounting Officer
F-InKind
2026-04-15
2,405
$2.76
$6.6K
Insider transactions sourced from SEC Form 4 filings via Financial Modeling Prep. See disclaimer.
🎯
Analyst Price Target
Wall Street consensus
Current Price
$2.77
Analyst Target
$3.00
Upside / Downside
+8.3%
Range
$3.00 – $3.00
💡 If BDN reaches the analyst target of $3.00, investors buying today at $2.77 would see an effective yield of 10.67% on shares purchased at target price — vs 11.55% at current price.
Analyst consensus price target via FMP. Not a guarantee of future performance. Past analyst accuracy varies.
Next Earnings Report: 2026-10-21EPS estimate: $-0.17
🔬
Financial Health Scores
Altman Z-Score
-0.72
🔴 Distress Zone — elevated dividend cut risk
Safe: >3.0 · Grey: 1.81–3.0 · Distress: <1.81
Piotroski F-Score
3/9
🔴 Weak fundamentals — dividend safety concern
Strong: 7–9 · Moderate: 4–6 · Weak: 0–3
Altman Z-Score predicts bankruptcy risk. Piotroski F-Score measures financial strength across 9 criteria. High scores → lower dividend cut risk. Data via FMP financial statements.
🟢
Net Insider Sentiment: Bullish1 buys · 0 sells · last 90 days
Net: +$100.3K
Insiders are net buyers — historically a positive signal for dividend sustainability. Last purchase: 2026-09-14
🌍
Geographic Revenue Breakdown
Where BDN earns its money
Austin Texas63%
Other37%
💡 International revenue may have additional withholding tax implications for non-US investors. Check your country's tax treaty with the US before investing.
Revenue breakdown from latest annual report via FMP. Percentages may not sum to 100% due to rounding.
📊 About This Data
Dividend yields, payout ratios, and financial metrics are sourced from Financial Modeling Prep (FMP) and cross-referenced with SEC EDGAR filings. Data is cached and updated every 24 hours via our nightly refresh. DRIP projections are forward-looking estimates, not guarantees.
Educational purposes only. Not financial advice. DividendFlow is not a registered investment advisor. Projections generated by the BDN dividend calculator are estimates based on historical data and user inputs. Actual future returns, stock prices, and dividend payments will vary. Dividends can be cut or suspended at any time. All investments carry risk, including the loss of principal. Please consult a qualified financial professional before making any investment decisions. Full disclaimer →
1-year price trend
📊BDN Live Context
Brandywine Realty Trust (BDN) is currently trading at $2.77, 30% below its 52-week high. The current dividend yield is 11.55% based on an annual payout of $0.32 per share.
Brandywine Realty Trust (BDN) is a real estate stock currently trading at $2.77 with a dividend yield of 11.55%. The company pays an annual dividend of $0.32 per share. The payout ratio of 50% suggests the dividend is well-covered by earnings. Over the past 5 years, BDN has grown its dividend at a compound annual rate of 6.8%.
⚠️ Key Risks
Above-average yield (11.55%) may signal elevated risk — verify sustainability.
Auto-generated from live market data. For educational purposes only — not financial advice.
📚 For educational purposes only. Not financial advice. Data sourced from Financial Modeling Prep (FMP) and SEC EDGAR. Results are estimates — actual returns will vary. Full disclaimer →
How investors use the BDN dividend calculator
Illustrative examples of common use cases, written by the DividendFlow team — not customer reviews.
💡Example scenario 1
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💡Example scenario 2
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💡Example scenario 3
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💡Example scenario 4
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💡Example scenario 5
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For educational purposes only. Not financial advice.
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