American Realty Capital Properties will hike its monthly dividend by 6.4 percent to $0.0833 per share. This follows a 4.4 percent dividend hike by the real estate investment trust (REIT) last year.
American Realty Capital Properties is a full-service real estate operating company which owns and manages a portfolio of single-tenant commercial properties (retail, restaurant, office and industrial) in the United States. The company's business model provides equity capital to creditworthy corporations in return for long-term leases on their properties. The company has paid a dividend to shareholders every year since 2011.