Spirit Realty Capital (SRC) Declares $0.18 Quarterly Dividend; 9.4% Yield

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Spirit Realty Capital, Inc. Announces Quarterly Cash Dividend for Common and Preferred Stock

June 5, 2018 7:00 AM EDT

DALLAS, June 5, 2018 /PRNewswire/ -- 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 $0.18 per common share, representing an annualized rate of $0.72 per common share.... More

Spirit Realty Capital Announces Completion of Spin-Off of SMTA REIT

June 1, 2018 7:00 AM EDT

DALLAS, June 1, 2018 /PRNewswire/ -- Spirit Realty Capital, Inc. (NYSE: SRC) ("Spirit" or the "Company") announced today that the previously announced spin-off of Spirit MTA REIT has been completed. Shares of Spirit MTA REIT will begin regular trading today on the New York Stock Exchange under the ticker "SMTA". SRC common stockholders of record on May 18, 2018 received one share of SMTA common stock for every 10 shares of SRC common stock.

"We are very pleased to have completed this important transaction that we believe will benefit all Spirit shareholders.  I... More