Spirit Realty Capital, Inc. Announces Quarterly Cash Dividend
OREANDA-NEWS. September 15, 2016. Spirit Realty Capital, Inc. (NYSE:SRC) (“Spirit” or the “Company”), a net lease real estate investment trust (REIT) that invests in single-tenant, operationally essential real estate, today announced that its Board of Directors has declared a quarterly cash dividend of \\$0.175 per common share, representing an annualized rate of \\$0.70 per common share. Shareholders of record as of September 30, 2016, will receive the \\$0.175 cash dividend on October 14, 2016.
Information pertaining to Spirit’s dividends can be obtained through the investor relations section of the Company’s website at www.spiritrealty.com. For account inquiries relating to Spirit’s quarterly dividends, please contact Spirit’s transfer agent, American Stock Transfer & Trust Company, LLC at (866) 703-9065.
About Spirit Realty Capital
Spirit Realty Capital, Inc. (NYSE:SRC) is a net lease real estate investment trust (REIT) that invests in and manages a portfolio primarily of single-tenant, operationally essential real estate assets throughout the United States. Single-tenant, operationally essential real estate generally refers to free-standing, commercial real estate facilities where Spirit’s tenants conduct business activities that are essential to the generation of their sales and profits.
As of June 30, 2016, Spirit’s undepreciated gross real estate investment portfolio was approximately \\$8.27 billion, representing investments in 2,654 properties, including 109 properties securing mortgage loans made by Spirit. Spirit’s properties are leased to approximately 443 tenants that represent 28 diverse industries across 49 states.