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Spirit Realty Capital, Inc. Announces Quarterly Cash Dividend for Common and Preferred Stock

March 3, 2020 GMT

DALLAS--(BUSINESS WIRE)--Mar 3, 2020--

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, today announced that its Board of Directors declared a quarterly cash dividend on February 27, 2020 of $0.625 per common share, representing an annualized rate of $2.50 per common share. Stockholders of record as of Tuesday, March 31, 2020 will receive the cash dividend on Wednesday, April 15, 2020.

The Board of Directors also declared a quarterly cash dividend of $0.3750 per share to holders of the Company’s 6.00% Series A Cumulative Redeemable Preferred Stock. Preferred stockholders of record as of Friday, March 13, 2020 will receive the cash dividend on Tuesday, March 31, 2020.

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

Spirit Realty Capital, Inc. (NYSE: SRC) is a premier net-lease REIT that primarily invests in single-tenant, operationally essential real estate assets, subject to long-term leases.

As of December 31, 2019, our diversified portfolio was comprised of 1,752 owned properties and 43 properties securing mortgage loans. Our owned properties, with an aggregate gross leasable area of 34.1 million square feet, are leased to 291 tenants across 48 states and 28 retail industries.

View source version on businesswire.com:https://www.businesswire.com/news/home/20200303006054/en/

CONTACT: Pierre Revol

(972) 476-1403

InvestorRelations@spiritrealty.com

KEYWORD: UNITED STATES NORTH AMERICA TEXAS

INDUSTRY KEYWORD: RESIDENTIAL BUILDING & REAL ESTATE COMMERCIAL BUILDING & REAL ESTATE CONSTRUCTION & PROPERTY REIT

SOURCE: Spirit Realty Capital, Inc.

Copyright Business Wire 2020.

PUB: 03/03/2020 05:05 PM/DISC: 03/03/2020 05:05 PM

http://www.businesswire.com/news/home/20200303006054/en