American Finance Trust Announces Common Stock Dividend for First Quarter 2021
American Finance Trust announced a dividend of $0.2125 per share of Class A common stock, payable on January 15, 2021, to shareholders on record as of January 11, 2021. The company intends to maintain an annualized dividend rate of $0.85 per share, distributed quarterly. This consistent dividend policy reflects AFIN's commitment to returning value to shareholders while navigating potential risks associated with the ongoing global COVID-19 pandemic, which may impact financial performance.
- AFIN maintains a quarterly dividend of $0.2125 per share.
- Commitment to an annualized dividend rate of $0.85 per share.
- Potential adverse effects from the ongoing COVID-19 pandemic.
- Risks associated with the company's tenants and the broader economy.
NEW YORK, Jan. 1, 2021 /PRNewswire/ -- American Finance Trust, Inc. (Nasdaq: AFIN/ AFINP / AFINO) ("AFIN") announced today that it intends to continue to pay dividends on its shares of Class A common stock at an annualized rate of
Accordingly, AFIN declared a dividend of
About American Finance Trust, Inc.
American Finance Trust, Inc. (Nasdaq: AFIN) is a publicly traded real estate investment trust listed on the Nasdaq focused on acquiring and managing a diversified portfolio of primarily service-oriented and traditional retail and distribution related commercial real estate properties in the U.S. Additional information about AFIN can be found on its website at www.americanfinancetrust.com.
Important Notice
The statements in this press release that are not historical facts may be forward-looking statements. These forward-looking statements involve risks and uncertainties that could cause the outcome to be materially different. In addition, words such as "may," "will," "seeks," "anticipates," "believes," "estimates," "expects," "plans," "intends," "should" or similar expressions indicate a forward-looking statement, although not all forward-looking statements include these words. These forward-looking statements are subject to risks, uncertainties and other factors, many of which are outside of AFIN's control, which could cause actual results to differ materially from the results contemplated by the forward-looking statements. These risks and uncertainties include the potential adverse effects of the ongoing global COVID-19 pandemic, including actions taken to contain or treat COVID-19, on AFIN, AFIN's tenants and the global economy and financial markets and that the information about rent collections may not be indicative of any future period, as well as those set forth in the Risk Factors section of AFIN's most recent Annual Report on Form 10-K for the year ended December 31, 2019 filed on February 27, 2020, AFIN's most recent Quarterly Reports on Form 10-Q for the quarters ended March 31, 2020, June 30, 2020, and September 30, 2020, filed on May 7, 2020, August 6, 2020, and November 5, 2020, respectively, and all other filings filed with the Securities and Exchange Commission after that date. Further, forward-looking statements speak only as of the date they are made, and AFIN undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results over time, unless required by law.
Contacts:
Investor Relations
investorrelations@americanfinancetrust.com
(866) 902-0063
View original content to download multimedia:http://www.prnewswire.com/news-releases/american-finance-trust-announces-common-stock-dividend-for-first-quarter-2021-301196220.html
SOURCE American Finance Trust, Inc.
FAQ
What is the dividend amount for AFIN?
When will the AFIN dividend be paid?
What is the record date for the AFIN dividend?
How often does AFIN pay dividends?
What is the annualized dividend rate for AFIN?
