Getty Realty Corp. Announces Regular Quarterly Cash Dividend
Getty Realty Corp. (NYSE: GTY), a net lease REIT specializing in convenience and automotive retail real estate, has announced its regular quarterly dividend.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Getty Realty Corp. (NYSE: GTY), a net lease REIT specializing in convenience and automotive retail real estate, has announced its regular quarterly dividend. The company's Board of Directors has declared a cash dividend of $0.47 per common share, which will be payable on April 10, 2025, to shareholders of record as of March 27, 2025.
As of December 31, 2024, Getty's portfolio encompasses 1,118 freestanding properties spread across 42 states and Washington, D.C. The company focuses on acquiring, financing, and developing convenience, automotive, and other single-tenant retail properties under net lease arrangements.
Positive
- Maintains consistent quarterly dividend payment of $0.47 per share
- Large portfolio of 1,118 properties across 42 states indicates strong market presence
- Diversified geographical presence reduces market-specific risks
Negative
- None.
Details
News Market Reaction – GTY
The recorded move for GTY in the trading session of this news was -2.08%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
NEW YORK, Feb. 11, 2025 (GLOBE NEWSWIRE) -- Getty Realty Corp. (NYSE: GTY) (“Getty” or the “Company”), a net lease REIT focused on convenience and automotive retail real estate, 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 December 31, 2024, the Company’s portfolio included 1,118 freestanding properties located in 42 states across the United States and Washington, D.C.
| Contact: | Investor Relations |
| (646) 349-0598 | |
| ir@gettyrealty.com |
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.