FBRT

Franklin BSP Realty Trust, Inc.'s stock declined by 38.15% between September 26, 2025, and September 25, 2026. A significant event was the announcement on February 11, 2026, of a dividend cut to $0.20 per share, causing a 14.18% stock price drop the next day. This followed earlier statements in 2024 and 2025 expressing confidence in maintaining the dividend, despite not always achieving coverage. These events are central to a class-action lawsuit alleging the company overstated its prospects and ability to maintain its dividend. The company also held its Q2 2026 earnings conference call on July 30, 2026.