SCOTTSDALE, Ariz., June 15, 2015 (GLOBE NEWSWIRE) -- Spirit Realty Capital, Inc. (NYSE:SRC) ("Spirit" or the "Company"), a premier net lease real estate investment trust (REIT) that invests in single-tenant, operationally essential real estate, today announced that its Board of Directors has declared a quarterly cash dividend of $0.1700 per common share, which represents an annualized rate of $0.6800 per common share. Shareholders of record as of June 30, 2015, will receive the $0.1700 cash dividend on July 15, 2015.
Information pertaining to Spirit's dividends can be obtained through the investor relations section of the Company's website at www.spiritrealty.com. For account inquiries relating to Spirit's quarterly dividends, please contact Spirit's transfer agent, American Stock Transfer & Trust Company, LLC at (866) 703-9065.
About Spirit Realty Capital
Spirit Realty Capital, Inc. (NYSE:SRC) is a premier net lease real estate investment trust (REIT) that invests and manages single-tenant operationally essential real estate, which generally refers to free-standing, commercial real estate facilities where high-quality, middle-market tenants conduct retail, service or distribution activities that are essential to their sales and profits. As of March 31, 2015, our diverse asset portfolio was comprised of 2,547 assets, which are leased to 474 tenants operating in 27 different industries that span across 49 states, as well as the U.S. Virgin Islands. 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 and Cautionary 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 other 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 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 other additional risks discussed in Spirit's most recent filings with the Securities and Exchange Commission, including its Annual Report on Form 10‐K. 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 Investorrelations@spiritrealty.com
Source:Spirit Realty Capital