American Realty Sets October Dividend
Single-tenant commercial property operator American Realty Capital Propertiesannounced today its monthly October dividend of $0.07583 per share, the same rate it's paid for the past three months after raising the payout 1%, from $0.075 per share.
The board of directors said the dividend is payable on Oct. 15 to the holders of record at the close of business on Oct. 8. The regular dividend payment equates to a $0.91-per-share annual dividend, yielding 7.3% based on the closing price today of American Realty Capital Properties' stock.
The article American Realty Sets October Dividend originally appeared on Fool.com.Fool contributor Rich Duprey has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.