secwatch.observer — SEC 8-K summary
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Issuer:     Broadstone Net Lease, Inc. (BNL)
CIK:        0001424182
Form:       8-K
Filed at:   2023-11-01T23:59:59+00:00
Accession:  0000950170-23-057474
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1424182/000095017023057474/0000950170-23-057474-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1424182/000095017023057474/bnl-20231101.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-057474

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