Spirit Realty Capital (SRC) Raises Quarterly Dividend 1% to $0.6696; 6.8% Yield

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Spirit Realty Capital, Inc. Announces Increase in Common Stock Quarterly Dividend from $0.6630 per Share to $0.6696 per Share

August 10, 2023 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, announced today that its Board of Directors declared an increase in the Companys quarterly common stock cash dividend on August 9, 2023 from $0.6630 per share to $0.6696 per share, an increase of 1%, representing a new annualized rate of $2.6784 per share. Stockholders of record as of Friday, September 29, 2023 will receive the cash dividend on Friday, October 13, 2023.

The Board of Directors also declared a quarterly cash dividend of... More