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Getty Realty Corp. (GTY) declares $0.125/share quarterly dividend, in line with previous....

Getty Realty Corp. (GTY) declares $0.125/share quarterly dividend, in line with previous. Forward yield 2.85%. For shareholders of record Dec. 27. Payable Jan 10. Ex-div Dec. 24.
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  • 5598361
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    I run a BP station in Rhode Island owned by Getty realty. I have been leasing this location for 10 years now. The first six years dealing with GPMI were great. i cant say that about the last four years. GPMI changed there name to Green Valley Oil back in 2008 and re branded all of there stations from Getty to BP for what ever reason. Within a few months of the re branding our gas prices shot way up which killed our gas sales, my volume dropped 80%. Then the GPMI (Green Valley Oil) bankruptcy in 2011 caused us to run out of gas for two months until GTY found us a new distributor. And by the way the GPMI bankruptcy caused us to loose our security deposit ($25000). Now we are taken over by another distributor (7 months ago) and they came in two weeks ago saying that our rent is going up and we now will have to pay for property taxes. This is a 300% increase! How much worse is it going to get??
    13 Nov 2012, 12:32 AM Reply Like
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