Four Corners Property Trust increases dividend by 6.1 percent in 2020 Dividendhike.com | Dividend News and Statistics for US Equities

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Business	yield	Hike yrs	5 yr CAGR	freq.	paid since
Four Corners Property Trust	ticker	dps (an.)	2024 hike	2023 hike	2022 hike
Four Corners Property Trust	FCPT	N/A	N/A	N/A	N/A
N/A	N/A	N/A	N/A	N/A	N/A

Four Corners Property Trust hikes dividend by 6.1%

Monday 11 November 2019

Four Corners Property Trust (FCPT) will raise its quarterly dividend by 6.1 percent to $0.3050 per share in 2020. This follows a 4.5 percent dividend hike announced by the REIT last year.

The next dividend is payable on January 15, 2020 to shareholders of record as of January 3, 2020.

A new annualized dividend rate of $1.22 per share yields 4.4% at a stock price of $27.80.

Four Corners Property Trust, Inc., headquartered in Mill Valley, CA, is a real estate investment trust primarily engaged in the acquisition and leasing of restaurant properties. FCPT will seek to grow its portfolio by acquiring additional real estate to lease, on a net basis, for use in the restaurant and related food services industry.

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