Spirit Realty Capital (SRC) Declares $0.625 Quarterly Dividend; 8.1% Yield

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Go back to Spirit Realty Capital (SRC) Declares $0.625 Quarterly Dividend; 8.1% Yield

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

May 27, 2020 4:05 PM EDT

DALLAS--(BUSINESS WIRE)-- 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 declared a quarterly cash dividend on May 22, 2020 of $0.625 per common share, representing an annualized rate of $2.50 per common share. Stockholders of record as of Tuesday, June 30, 2020 will receive the cash dividend on Wednesday, July 15, 2020.

The Board of Directors also declared a quarterly cash dividend of $0.3750 per share to holders of the Companys 6.00% Series A Cumulative Redeemable Preferred Stock.... More