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 successfully closed a $1.2 billion multicurrency unsecured revolving credit facility, increasing its prior $800 million facility. This amended facility matures in March 2026 with an option to extend to March 2027. The interest rate is set between 72.5 to 140 basis points over the adjusted SOFR rate. The facility may also include ESG-linked pricing reductions based on achieving specific targets. Fifteen lenders participated, including JP Morgan Chase and Wells Fargo Securities.
Spirit Realty Capital (NYSE: SRC) will release its first quarter financial results after the market closes on May 3, 2022. An earnings conference call is scheduled for May 4 at 9:30 a.m. ET, available via phone and webcast. As of December 31, 2021, Spirit's portfolio included 2,003 properties across 49 states, nearly fully occupied at 99.8%. The company focuses on net-lease real estate, primarily single-tenant operationally essential assets.
Spirit Realty Capital, Inc. (NYSE: SRC) has released its inaugural Environmental, Social and Governance (ESG) Report for 2021, showcasing its commitment to sustainability and responsible practices. The report aligns with Sustainability Accounting Standards Board and Task Force on Climate-related Financial Disclosures. Key highlights include the addition of two female directors to the Board, a focus on diversity and inclusion, and over
Spirit Realty Capital, Inc. (NYSE: SRC) announced a quarterly cash dividend of $0.6380 per common share, set to be paid on April 14, 2022, to stockholders of record by March 31, 2022. This translates to an annualized rate of $2.552 per share. Additionally, a cash dividend of $0.3750 per share for the 6.00% Series A Cumulative Redeemable Preferred Stock will be distributed on March 31, 2022. Spirit Realty primarily invests in single-tenant, operationally essential real estate, maintaining a portfolio that was 99.8% occupied as of December 31, 2021.
Spirit Realty Capital (NYSE: SRC) reported strong fourth-quarter results for 2021, with net income per diluted share rising to $0.34 from $0.24 in 2020. The company achieved FFO per share of $0.88 and AFFO per share of $0.85, both reflecting significant growth. Spirit invested $487.9 million in acquisitions, enhancing its portfolio with 92 new properties. A quarterly dividend of $0.638 per common share was declared, payable January 14, 2022. The company maintains 2022 guidance with expected AFFO of $3.52 to $3.58.
Spirit Realty Capital (NYSE: SRC) announced the tax status of its 2021 dividends for common and preferred stock. The common stock dividends totaled
Spirit Realty Capital (NYSE: SRC) has announced the promotion of Rochelle Thomas to Executive Vice President, General Counsel, and Secretary. Thomas, previously Senior Vice President and Deputy General Counsel, now joins the Executive Leadership Team and Investment Committee, reporting to President and CEO Jackson Hsieh. Her experience includes advising on legal, corporate, and ESG matters, and she is recognized for her leadership in Spirit's Diversity Council. She takes over from Jay Young, who was appointed Chief Administrative Officer and Chief Legal Officer.
Spirit Realty Capital (NYSE: SRC) announced the pricing of an underwritten public offering of 8,200,000 shares of common stock at $47.60 per share.
The offering is tied to a forward sale agreement, with joint lead managers Morgan Stanley and BofA Securities. An option allows underwriters to purchase 1,230,000 additional shares within 30 days. Proceeds from future settlements are earmarked for property acquisitions and corporate purposes, including debt repayment.
Spirit Realty Capital (NYSE: SRC) announced a public offering of 6,500,000 shares of common stock, with a possible increase to 7,475,000 shares if the underwriters exercise their option. The offering will be managed by Morgan Stanley and BofA Securities. Proceeds will support property acquisitions and general corporate purposes. The company does not initially receive proceeds from shares sold by forward purchasers. The offering is conducted under an effective shelf registration statement with the SEC.
Spirit Realty Capital, Inc. (NYSE: SRC) will release its fourth quarter financial and operating results for the period ending December 31, 2021, after market close on February 14, 2022. An earnings conference call is scheduled for February 15, 2022, at 9:30 a.m. Eastern Time. As of September 30, 2021, Spirit owned 1,915 properties across 48 states, totaling 46.7 million square feet and leased to 312 tenants in over 35 industries. The company focuses on net-lease real estate investments.
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