Rhea-AI Summary
STORE Capital Corporation (NYSE: STOR) reported strong Q3 2021 results with total revenues of $199.1 million, up 13.6% year-over-year, and net income of $75.9 million ($0.28 per share). The company announced a quarterly cash dividend of $0.385, marking a 6.9% increase. AFFO reached $140.3 million ($0.52 per share), and the firm raised its 2021 AFFO guidance to $1.98-$2.00, while introducing 2022 guidance of $2.15-$2.20. STORE Capital's total investments for the quarter were $411.7 million across 75 properties. The real estate portfolio grew to $10.3 billion, with occupancy at 99.4%.
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