Four Corners Property Trust (FCPT) Raises Quarterly Dividend 13.4% to $0.275; 4.2% Yield
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FCPT Announces over 13% Increase to Fourth Quarter 2017 Dividend
November 10, 2017 1:09 PM ESTMILL VALLEY, Calif.--(BUSINESS WIRE)-- Four Corners Property Trust, Inc. (NYSE: FCPT) today announced that its Board of Directors declared a quarterly cash dividend of $0.275 per share (equivalent to $1.10 per share per annum) for the fourth quarter of 2017. This represents an over 13% increase from the prior quarter. The dividend is payable on January 12, 2018 to shareholders of record as of December 29, 2017.
Bill Lenehan, Chief Executive Officer, commented, This dividend increase is the first in the two years since our founding. It reflects our confidence in FCPTs portfolio and our ability to... More
