Broadstone Net Lease (BNL) Dividend Coverage Ratio (2016 - 2024)
Broadstone Net Lease's (BNL) quarterly Dividend Coverage Ratio came in at 0.07 in Q1 2024, down 89.24% year-over-year from 0.67 in Q2 2023, and down 88.62% quarter-over-quarter from 0.63 in Q3 2023.
Analysis
Broadstone Net Lease (BNL) Dividend Coverage Ratio (2016 - 2024) Analysis & Trends
Broadstone Net Lease (BNL) has reported Dividend Coverage Ratio for 9 consecutive years, with 0.07 the latest figure, recorded in Q1 2024.
- On a quarterly basis, Dividend Coverage Ratio fell 89.24% year-over-year to 0.07 in Q1 2024; TTM through Mar 2024 was 0.0, a 100.74% decrease from a year earlier, with the FY2022 full-year figure at 0.54, down 9.07% from the prior year.
- Dividend Coverage Ratio was 0.07 for Q1 2024 at Broadstone Net Lease, down from 0.63 in the prior quarter.
- Over five years, Dividend Coverage Ratio peaked at 0.77 in Q2 2020 and troughed at 1.37 in Q2 2023.
- A 5-year average of 0.36 and a median of 0.51 in 2022 frame the typical range for Dividend Coverage Ratio.
- Across the five-year window, Dividend Coverage Ratio surged 233.17% in 2021 and plunged 338.53% in 2023, its largest moves.
- Over 5 years, Dividend Coverage Ratio stood at 0.34 in 2020, then surged by 58.11% to 0.54 in 2021, then decreased by 22.83% to 0.42 in 2022, then soared by 51.38% to 0.63 in 2023, then slumped by 88.62% to 0.07 in 2024.
- The last three Dividend Coverage Ratio figures came in at 0.07 (Q1 2024), 0.63 (Q3 2023), and 1.37 (Q2 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Realty Income | 57.95 Bn | 60.33 Bn | - | 0.45 |
| 2 | W. P. Carey | 16.03 Bn | 16.05 Bn | 441.59 Mn | 0.86 |
| 3 | Agree Realty | 9.03 Bn | 9.02 Bn | - | 0.54 |
| 4 | Nnn Reit | 8.57 Bn | 8.57 Bn | - | 0.86 |
| 5 | Essential Properties Realty Trust | 6.41 Bn | 6.46 Bn | - | 1.10 |
| 6 | Broadstone Net Lease | 3.99 Bn | 4.11 Bn | - | - |
| 7 | Four Corners Property Trust | 2.74 Bn | 2.74 Bn | 70.62 Mn | 0.54 |
| 8 | Netstreit | 2.04 Bn | 2.05 Bn | - | 0.29 |
| 9 | Getty Realty | 2.01 Bn | 2.01 Bn | 58.71 Mn | 0.70 |
| 10 | Global Net Lease | 1.92 Bn | 1.77 Bn | - | -0.18 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 0.07 |
| Sep 30, 2023 | 0.63 |
| Jun 30, 2023 | -1.37 |
| Mar 31, 2023 | 0.67 |
| Dec 31, 2022 | 0.42 |
| Sep 30, 2022 | 0.49 |
| Jun 30, 2022 | 0.57 |
| Mar 31, 2022 | 0.59 |
| Dec 31, 2021 | 0.54 |
| Sep 30, 2021 | 0.68 |
| Jun 30, 2021 | 0.54 |
| Mar 31, 2021 | 0.46 |
| Dec 31, 2020 | 0.34 |
| Sep 30, 2020 | 0.20 |
| Jun 30, 2020 | 0.77 |
| Mar 31, 2020 | 0.19 |
| Dec 31, 2019 | 0.12 |
| Sep 30, 2019 | 0.24 |
| Jun 30, 2019 | 0.29 |
| Mar 31, 2019 | 0.29 |