STORE Capital Increases Quarterly Dividend 2.9%; Provides Acquisition Guidance for Second Half of 2020

Author's Avatar
Sep 15, 2020
Article's Main Image

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 $0.36 per share for the third quarter ending September 30, 2020. This represents an annualized dividend of $1.44 per share, a 2.9% increase from the prior rate. The dividend will be paid on October 15, 2020 to STORE Capital stockholders of record as of the close of business on September 30, 2020.