STORE Capital Increases Quarterly Dividend to $0.35 per Share or 6.1% Over Prior Quarter
STORE Capital Corporation (STOR)
Last store capital corporation earnings: 2/20 06:45 am
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Source: Business Wire
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--STORE Capital Corporation (NYSE: STOR), an internally managed net-lease real estate investment trust (REIT) that invests in Single Tenant Operational Real Estate, today announced that it has declared a regular quarterly cash dividend on its common stock of $0.35 per share for the third quarter ending September 30, 2019. On an annualized basis, this dividend of $1.40 per common share represents an increase of $0.08 per share over the previous annualized dividend. The dividend will be paid on October 15, 2019 to STORE Capital stockholders of record as of the close of business on September 30, 2019.“This dividend increase reflects our Board’s continued confidence in the sustainability and growth of the company’s adjusted funds from operations,” said Christopher H. Volk, President and Chief Executive Officer of STORE Capital. “We are committed to delivering superior returns to our stockholders, including a well-protected dividend. This represents th
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