Four Corners Property Trust (FCPT) Raises Quarterly Dividend 4.5% to $0.2875; 4.2% Yield

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FCPT Announces a 4.5% Increase to Fourth Quarter 2018 Dividend

November 28, 2018 4:05 PM EST

MILL VALLEY, Calif.--(BUSINESS WIRE)-- Four Corners Property Trust, Inc. (NYSE: FCPT) today announced that its Board of Directors declared a quarterly cash dividend of $0.2875 per share (equivalent to $1.15 per share per annum) for the fourth quarter of 2018. This represents a 4.5% increase from the prior quarter. The dividend is payable on January 14, 2019 to shareholders of record as of January 4, 2019.

About FCPT

FCPT, headquartered in Mill Valley, CA, is a real estate investment trust primarily engaged in the acquisition and leasing of restaurant properties.... More