---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-057474"
form_type: "8-K"
ticker: "BNL"
cik: "0001424182"
company_name: "Broadstone Net Lease, Inc."
filed_at: "2023-11-01T23:59:59+00:00"
generated_at: "2026-06-09T02:18:58.179381+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Broadstone Net Lease Q3 net income $52.1M, AFFO $0.36/share, dividend raised to $0.285

## Summary
- Q3 net income $52.1M ($0.26 diluted EPS); AFFO $70.0M ($0.36/share), up from $0.35 in prior quarter.
- Revenue $109.5M vs $103.5M a year ago; portfolio 99.4% leased with 99.9% rent collection.
- Quarterly dividend increased to $0.285/share from $0.28, payable Jan 12, 2024 to holders of record Dec 29.
- FY 2023 AFFO guidance reaffirmed at $1.40-$1.42/share; investment guidance revised down to up to $250M.
- Net Debt to Annualized Adjusted EBITDAre ratio of 4.9x; $925.9M available on revolver; no maturities until 2026.

## SEC filing metadata
- accession: 0000950170-23-057474
- form_type: 8-K
- ticker: BNL
- cik: 0001424182
- company_name: Broadstone Net Lease, Inc.
- filed_at: 2023-11-01T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1424182/000095017023057474/0000950170-23-057474-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1424182/000095017023057474/bnl-20231101.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-057474
- JSON: https://secwatch.observer/filing/0000950170-23-057474.json
- Plain text: https://secwatch.observer/filing/0000950170-23-057474.txt

## Key facts
- Earnings Releases
  Broadstone Net Lease, Inc. updated its the quarter ended September 30, 2023 guidance (reaffirmed).
  - Period: the quarter ended September 30, 2023
  - Guidance: reaffirmed
  - Result: reported results
  source text: On November 1, 2023, Broadstone Net Lease, Inc. (the “Company”) issued a press release announcing its financial results for the quarter ended September 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1424182/000095017023057474/0000950170-23-057474-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.