Spirit Realty Capital (SRC) Declares $0.125 Quarterly Dividend; 6.4% Yield

Spirit Realty Capital (NYSE: SRC) declared a quarterly dividend of $0.125 per share, or $0.5 annualized.

The dividend will be payable on January 15, 2019, to stockholders of record on December 31, 2018, with an ex-dividend date of December 28, 2018.

The annual yield on the dividend is 6.4 percent.

"In conjunction with SMTA’s execution of the $165MM non-recourse loan, which served to de-risk their Shopko exposure, and recently announced dividends and stock repurchase plan, we believe SMTA has sufficient liquidity to honor their agreements with Spirit. In addition, we want to reiterate that Spirit does not own any Shopko stores," stated Jackson Hsieh, President and Chief Executive Officer of Spirit.

For a dividend history and other dividend-related data on Spirit Realty Capital (SRC) click here.

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