Franklin BSP Realty Trust, Inc. (NYSE:FBRT) ("FBRT" or the "Company") today announced its Board of Directors has declared a third quarter 2026 dividend of $0.20 per common share. The dividend is payable on or about October 13, 2026, to common stockholders of record as of September 30, 2026. The Board of Directors also declared a third quarter 2026 dividend on its convertible Series H Preferred Stock in an amount equal to the as-converted common dividend amount.

FBRT’s Board of Directors also declared a third quarter 2026 dividend of $0.46875 per share on its 7.50% Series E Cumulative Redeemable Preferred Stock (NYSE:FBRTPRE). This dividend is payable on October 15, 2026, to Series E preferred stockholders of record as of September 30, 2026.

Additionally, on September 10, 2026, the Board of Directors reauthorized the Company’s share repurchase program, providing $50.0 million of capacity for future share repurchases through December 31, 2026. From July 1, 2026 to September 9, 2026, the Company repurchased 6,118,287 shares of common stock pursuant to its share repurchase program at a net average price of $8.23 per share.