Welcome to our dedicated page for Spirit Rlty Cap news (Ticker: SRC), a resource for investors and traders seeking the latest updates and insights on Spirit Rlty Cap stock.
Spirit Realty Capital Inc (NYSE: SRC) is a leading triple net lease REIT with a diversified portfolio spanning retail, industrial, and specialty properties nationwide. This page serves as your central hub for official company announcements, financial updates, and strategic developments.
Investors and analysts will find curated press releases covering quarterly earnings, portfolio acquisitions, and leadership initiatives. Our collection emphasizes SRC's data-driven approach to commercial real estate and its focus on long-term tenant relationships through triple net lease structures.
Key updates include property portfolio expansions, capital market activity, and operational milestones. All content is verified through primary sources to ensure accuracy and compliance with financial disclosure standards.
Bookmark this page for direct access to SRC's latest verified news. Combine these updates with market analysis tools for comprehensive investment research.
Spirit Realty Capital (NYSE: SRC) has secured a new, unsecured term loan facility totaling
Spirit Realty Capital announced a quarterly cash dividend of $0.663 per common share, with an annualized rate of $2.652, payable on January 13, 2023. Shareholders of record by December 30, 2022 will receive this dividend. Additionally, a quarterly cash dividend of $0.3750 per share will be paid to holders of the 6.00% Series A Preferred Stock on December 30, 2022. As of September 30, 2022, Spirit's portfolio included 2,118 properties, achieving 99.8% occupancy across 49 states.
Spirit Realty Capital, Inc. (NYSE: SRC) reported strong financial results for Q3 2022, with a net income of $0.54 per share, up from $0.32 year-over-year. The company increased its quarterly common stock dividend by 3.9% to $0.663 per share. Spirit invested $268.4 million in acquisitions and capital expenditures, achieving a cash capitalization rate of 6.86%. Additionally, gross proceeds from property dispositions totaled $74.3 million, with a disposition capitalization rate of 5.70%. The company maintains a robust occupancy rate of 99.8% and strong liquidity of $1.3 billion.
Spirit Realty Capital, Inc. (NYSE: SRC) announced its third quarter financial results will be released after market close on November 8, 2022. A conference call is scheduled for November 9 at 9:30 AM ET for discussions on earnings and operational performance. The company, specializing in net-lease real estate, boasted a portfolio of 2,078 properties, approximately 99.8% occupied as of June 30, 2022, across 49 states. Spirit continues to focus on single-tenant, operationally essential real estate, ensuring stable income streams.
Spirit Realty Capital (NYSE: SRC) has announced the closing of a new $800 million unsecured term loan facility. The loan consists of a $300 million tranche maturing on August 22, 2025, and a $500 million tranche maturing on August 20, 2027. An accordion feature allows for an increase of up to $200 million, capping the total at $1 billion. The average interest rate for the loan is fixed at 3.50%, achieved through prior interest swap agreements. This financing aims to bolster Spirit's balance sheet and support growth initiatives.
Spirit Realty Capital (NYSE: SRC) has announced an increase in its quarterly cash dividend from $0.638 to $0.663 per share, a 3.9% rise, effective from October 14, 2022. This translates to an annualized dividend rate of $2.652 per share. Record shareholders as of September 30, 2022 will benefit from this increase. Additionally, the Company declared a quarterly cash dividend of $0.3750 per share for its Series A Preferred Stock, payable on September 30, 2022.
Spirit Realty Capital, Inc. (NYSE: SRC) reported its Q2 2022 results with a net income per share of $0.60, a decline from $0.74 YoY. FFO per share decreased to $0.92 from $1.00, and AFFO per share rose slightly to $0.90 from $0.86. The company invested $416.6 million in acquisitions and generated $103.3 million from property dispositions. As of June 30, 2022, Spirit maintained a strong occupancy rate of 99.8% and corporate liquidity of $594.3 million. The Board declared a quarterly dividend of $0.638 per share. Guidance for 2022 remains unchanged with an AFFO projection of $3.52 to $3.58.
Spirit Realty Capital, Inc. (NYSE: SRC) will release its financial and operating results for Q2 2022 after market close on August 3, 2022. A conference call is scheduled for August 4, 2022, at 9:30 AM ET. Spirit primarily invests in single-tenant, operationally essential properties, boasting a portfolio of 2,039 properties with a 99.8% occupancy rate, leased to 334 tenants across 35 industries as of March 31, 2022. The company emphasizes its focus on long-term leases and operational efficiency.
Spirit Realty Capital, Inc. (NYSE: SRC) declared a quarterly cash dividend of $0.6380 per common share on May 18, 2022, with an annualized rate of $2.552. Stockholders as of June 30, 2022 will receive the dividend on July 15, 2022. Additionally, a cash dividend of $0.3750 per share was declared for its 6.00% Series A Preferred Stock, payable to record holders by June 30, 2022. The company's portfolio as of March 31, 2022, included 2,039 properties, achieving 99.8% occupancy.
Spirit Realty Capital (NYSE: SRC) reported strong Q1 2022 results, achieving net income of $0.42 per share, a significant turnaround from a net loss of $(0.04) per share. The company generated FFO and AFFO per share of $0.95 and $0.88, respectively. Spirit invested $511.4 million in acquisitions, closing 29 transactions with an average lease term of 13.3 years. The firm secured a $1.2 billion revolving credit facility and issued 6.6 million shares for $299.8 million. With strong occupancy at 99.8%, Spirit declared a quarterly cash dividend of $0.638 per share. Fiscal 2022 AFFO guidance remains at $3.52 to $3.58.
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