Getty Realty Maintains Dividend at $0.20
Real estate investment trust Getty Realty will pay a second-quarter dividend of $0.20 per share, the same rate it paid last quarter after it increased it 60% from $0.125 per share, the company announced yesterday.
The board of directors said the quarterly dividend is payable on July 11 to the holders of record at the close of business on June 27. Getty has paid a dividend quarterly since 2001.
The regular dividend payment equates to a $0.80-per-share annual dividend yielding 3.6% based on the closing price of Getty Realty's stock on May 14.
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