Getty Realty Corp. Announces Increased Quarterly Cash Dividend
Rhea-AI Summary
Getty Realty Corp. (NYSE: GTY) has announced an increase in its quarterly cash dividend. The Board of Directors declared a dividend of $0.47 per common share, representing a 4.4% increase over the previous quarter. This dividend will be payable on January 9, 2025, to shareholders of record as of December 26, 2024.
Getty Realty Corp. is a publicly traded, net lease REIT that specializes in acquiring, financing, and developing convenience, automotive, and other single-tenant retail real estate. As of June 30, 2024, the company's portfolio comprised 1,124 freestanding properties across 42 states in the United States and Washington, D.C.
Positive
- Increased quarterly dividend by 4.4% to $0.47 per share
- Portfolio of 1,124 freestanding properties across 42 states and Washington, D.C.
Negative
- None.
News Market Reaction – GTY
In the trading session that priced this news, GTY gained 0.22%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
NEW YORK, Oct. 22, 2024 (GLOBE NEWSWIRE) -- Getty Realty Corp. (NYSE: GTY) announced today that its Board of Directors declared a cash dividend of
About Getty Realty Corp.
Getty Realty Corp. is a publicly traded, net lease REIT specializing in the acquisition, financing and development of convenience, automotive and other single tenant retail real estate. As of June 30, 2024, the Company’s portfolio included 1,124 freestanding properties located in 42 states across the United States and Washington, D.C.
| Contact: | Brian Dickman |
| Chief Financial Officer | |
| (646) 349-6000 | |
| Investor Relations | |
| (646) 349-0598 | |
| ir@gettyrealty.com |
