Spirit Realty Capital (SRC) Raises Quarterly Dividend 2.3% to $0.17; 5.8% Yield

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Go back to Spirit Realty Capital (SRC) Raises Quarterly Dividend 2.3% to $0.17; 5.8% Yield

Spirit Realty Capital, Inc. Increases Quarterly Cash Dividend

December 15, 2014 8:00 AM EST

SCOTTSDALE, Ariz., Dec. 15, 2014 (GLOBE NEWSWIRE) -- Spirit Realty Capital, Inc. (NYSE: SRC) ("Spirit"), a real estate investment trust (REIT) that invests in single-tenant, operationally essential real estate, announced today that its Board of Directors has declared a quarterly cash dividend of $0.1700 per common share. The new dividend represents a 2.3% increase from the previous quarterly rate of $0.16625 per common share.

Common shareholders of record as of December 31, 2014, will receive the $0.1700 cash dividend on January 15, 2015. This dividend represents an annualized rate of $0.6800 per share.

Spirit anticipates issuing the tax treatment of its 2014 dividends by the end... More