Spirit Realty Capital (SRC) Declares $0.625 Quarterly Dividend; 7% Yield

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

August 31, 2020 4:05 PM EDT

DALLAS--(BUSINESS WIRE)-- Spirit Realty Capital, Inc. (NYSE: SRC) (Spirit or the Company) announced today that its Board of Directors declared a quarterly cash dividend on August 25, 2020 of $0.625 per common share, representing an annualized rate of $2.50 per common share. Stockholders of record as of Wednesday, September 30, 2020 will receive the cash dividend on Thursday, October 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. Preferred stockholders of record as of Tuesday, September 15, 2020 will receive the cash dividend on Wednesday, September 30,... More