American Realty Capital Properties Inc declares $0.07833 dividend

American Realty Capital Properties Inc (ARCP) declares $0.07833/share monthly dividend, in line with prior.

Forward yield 7.37%

Payable Jan 15; for shareholders of record Jan 8; ex-div Jan 6.

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Comments (1)
  • 6869451
    , contributor
    Comments (49) | Send Message
    More importantly,


    "Furthermore, as previously announced, ARCP's board of directors has authorized an increase from $0.940 per share per annum to $1.00 per share per annum, contingent upon, and effective with, the close of ARCP's acquisition of Cole Real Estate Investments, Inc. ("Cole"), which is expected to occur promptly following ARCP's and Cole's special meetings of stockholders to approve matters related to the transaction, each to be held on January 23, 2014. Such closing is contingent upon the receipt of stockholder approval from ARCP's and Cole's stockholders and the satisfaction of the conditions of the merger agreement relating to ARCP's pending merger with Cole."


    This is a 6.4% raise.
    27 Dec 2013, 10:36 AM Reply Like
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