Getty Realty Keeps Dividend Steady
Convenience store and gas station operator REIT Getty Realty (NYSE: GTY) announced today its third-quarter dividend of $0.20 per share, the same rate it's paid for the past two quarters after raising the payout 60% from $0.125 per share.
The board of directors said the quarterly dividend is payable on October 10 to holders of record at the close of business on September 26. The regular dividend payment equates to a $0.80-per-share annual dividend, yielding 4% based on the closing price today of Getty Realty's stock.
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