Spirit Realty Capital, Inc. Reports 2014 Dividend Tax Allocation

SCOTTSDALE, Ariz., Jan. 26, 2015 (GLOBE NEWSWIRE) -- Spirit Realty Capital, Inc. (NYSE:SRC) ("Spirit"), a real estate investment trust (REIT) that invests in single-tenant, operationally essential real estate, announced today the calculation of the tax status of its 2014 common stock dividends (CUSIP #84860W102). The following is an allocation of the 2014 dividends for United States federal income tax purposes:

Per Share
Tax Year
Tax Year
2014 Return
Capital %
12/31/13 01/15/14 $0.16625 $0.088058 $0.078192 100.0%
03/31/14 04/15/14 $0.16625 None $0.16625 100.0%
06/30/14 07/15/14 $0.16625 None $0.16625 100.0%
09/30/14 10/13/14 $0.16625 None $0.16625 100.0%
Total: $0.66500 $0.576942 100.0%

As noted above, $0.078192 of the common stock dividend of $0.16625 per share paid on January 15, 2014, with a record date of December 31, 2013, has been allocated to the 2014 tax year. The common stock dividend of $0.17 per share that was paid on January 15, 2015, with a record date of December 31, 2014, will be allocated to the 2015 tax year.

Shareholders are encouraged to consult with their tax advisors as to their specific tax treatment related to Spirit Realty Capital, Inc. common stock dividends.

Additional dividend information can be obtained through the investor relations section of Spirit's website at www.spiritrealty.com. For account inquiries related to your Spirit dividends, please contact Spirit's transfer agent, American Stock Transfer & Company, LLC at (866) 703-9065.

About Spirit Realty Capital

Spirit Realty Capital (NYSE:SRC) is a real estate investment trust (REIT) that invests primarily in single-tenant operationally essential real estate, which refers to generally free-standing, commercial real estate facilities where tenants conduct retail, service or distribution activities that are essential to the generation of their sales and profits. Spirit Realty Capital has an estimated enterprise value of $8.3 billion comprising a diverse portfolio of 2,408 properties across 49 states as of September 30, 2014. Initially formed in 2003, the Company completed its initial public offering in September 2012. More information about Spirit Realty Capital can be found at www.spiritrealty.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other federal securities laws. These forward-looking statements can be identified by the use of words such as "expects," "plans," "estimates," "projects," "intends," "believes," "guidance," and similar expressions that do not relate to historical matters. These forward-looking statements are subject to known and unknown risks and uncertainties that can cause actual results to differ materially from those currently anticipated, due to a number of factors which include, but are not limited to, Spirit's continued ability to source new investments, risks associated with using debt to fund Spirit's business activities (including refinancing and interest rate risks, changes in interest rates and/or credit spreads and changes in the real estate markets), unknown liabilities acquired in connection with acquired properties, portfolios of properties, or interests in real-estate related entities, general risks affecting the real estate industry (including, without limitation, the market value of our properties, the inability to enter into or renew leases at favorable rates, portfolio occupancy varying from our expectations, dependence on tenants' financial condition and operating performance, and competition from other developers, owners and operators of real estate), risks associated with our failure to maintain our status as a REIT under the Internal Revenue Code of 1986, as amended, and additional risks discussed in Spirit's filings with the Securities and Exchange Commission from time to time, including Spirit's Annual Report on Form 10-K for the year ended December 31, 2013 and in the prospectus supplements relating to securities offerings recently completed by Spirit. Spirit expressly disclaims any responsibility to update or revise forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

CONTACT: Mary Jensen Vice President, Investor Relations (480) 315-6604 mjensen@spiritrealty.com

Source:Spirit Realty Capital