Key Highlights

  • Brixmor's $0.3075 quarterly dividend, equivalent to $1.23 per annum, has an October 2, 2026 ex-dividend date and is payable October 15.
  • Second-quarter Nareit FFO was $0.58 per diluted share versus $0.56, and first-half Nareit FFO was $1.16 versus $1.11.
  • GAAP net income attributable to common stockholders was $0.24 per diluted share versus $0.28 in the second quarter of 2025.
  • Guidance for 2026 Nareit FFO was updated to $2.35 to $2.37 per diluted share from $2.34 to $2.37.

Overview

Brixmor Property Group Inc.'s (NYSE:BRX) $0.3075 quarterly dividend yields 4.41% and sits beside second-quarter Nareit FFO of $0.58 per diluted share and GAAP net income of $0.24 per diluted share. The rate has been $0.3075 for the January, April, July and October 2026 payments, compared with $0.2875 for each 2025 payment.

Dividend Program and Shareholder Returns

Brixmor's Board declared a quarterly cash dividend of $0.3075 per common share on July 27, 2026, equivalent to $1.23 per annum. It is payable October 15 to stockholders of record on October 2.

The April 2026 declaration of $0.3075 was payable July 15 to holders of record July 2. The February 2026 declaration of $0.3075 was payable April 15 to holders of record April 2.

About the Company

Brixmor Property Group is a real estate investment trust that owns and operates open-air shopping centers. Its second-quarter release highlights small shop occupancy, redevelopment activity and a signed-but-not-yet-commenced rent pipeline as drivers of its operating results.

Financial Performance Behind the Payout

Brixmor reported second-quarter net income attributable to common stockholders of $0.24 per diluted share versus $0.28. For the six months, it was $0.65 per diluted share versus $0.50.

Reported Nareit FFO was $178.6 million, or $0.58 per diluted share, versus $0.56 a year earlier. First-half Nareit FFO was $1.16 per diluted share versus $1.11. Items that impact FFO comparability totaled $(0.00) per share in each period shown.

Record Small Shop Occupancy and Capital Recycling

The company described record small shop occupancy and a record signed-but-not-yet-commenced rent pipeline for the quarter. It completed $164.3 million of acquisitions and $15.1 million of dispositions.

Brixmor updated its 2026 same property NOI growth guidance to 5.00% to 5.75% from 4.75% to 5.50%.

Outlook

Brixmor updated 2026 Nareit FFO guidance to $2.35 to $2.37 per diluted share and same property NOI growth guidance to 5.00% to 5.75%. Small shop leasing, the signed-but-not-yet-commenced rent pipeline and acquisition and disposition activity are the items management cited in its commentary.