Tag: REIT
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Realty Income Corp (O) will acquire Spirit Realty Capital (SRC) in all stock transaction
Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company®, and Spirit Realty Capital, Inc. (Spirit, NYSE: SRC), announced today that the two companies have entered into a definitive merger agreement by which Realty Income will acquire Spirit in an all-stock transaction valued at an enterprise value of approximately $9.3 billion. The leverage-neutral transaction is…
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Brandywine Realty cuts dividend by 21%
Brandywine Realty Trust (NYSE:BDN) announced today that its Board of Trustees has declared a quarterly cash dividend of $0.15 per common share and OP Unit payable on October 18, 2023 to holders of record on October 4, 2023. The quarterly dividend is equivalent to an annual rate of $0.60 per share. “Our 2023 business plan…
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Realty Income raises dividend by 0.20%, its 122nd monthly increase
Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company®, today announced it has declared an increase in the company’s common stock monthly cash dividend to $0.2560 per share from $0.2555 per share. The dividend is payable on October 13, 2023, to stockholders of record as of October 2, 2023. This is the 122nd dividend increase since Realty Income’s…
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Make money from America’s self-storage addiction
It’s well known that Americans like to buy stuff. I know this first hand being an American with a wife that, I believe, single handedly pulled the United States out of the 2008/2009 Great Recession. Back when my kids were young and we lived in a modest 3 bedroom split-level in a Chicago suburb we…
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Arbor Realty Trust increases dividend by 2.4%
The Company announced today that its Board of Directors has declared a quarterly cash dividend of $0.43 per share of common stock for the quarter ended June 30, 2023. The dividend is payable on August 31, 2023 to common stockholders of record on August 15, 2023. The ex-dividend date is August 14, 2023. Arbor Realty Trust
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NNN REIT (NNN) hikes dividend by 2.7%, its 34th annual increase
The Board of Directors of NNN REIT, Inc. (NYSE: NNN), a real estateinvestment trust, today announced a quarterly dividend of 56.5 cents per share payable August 15, 2023 to shareholders of record as of July 31, 2023. The 2.7% increase in the quarterly dividend marks NNN’s 34th consecutive annual dividend increase. NNN is one of…