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Generation Income Properties, Inc. Announces Cash Distribution

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Generation Income Properties, Inc. (OTCQB:GIPR) announced a quarterly cash distribution of $0.325 per share for shareholders of record as of March 15, 2021. This payment is anticipated to be disbursed on or around March 22, 2021. As a real estate investment trust, GIPR focuses on acquiring and managing freestanding, single-tenant commercial properties across major U.S. cities. Investors are advised to consider potential risks and uncertainties related to forward-looking statements in the press release.

Positive
  • Quarterly cash distribution of $0.325 per share to shareholders enhances shareholder value.
  • Focus on freestanding, single-tenant commercial properties positions GIPR in a stable investment segment.
Negative
  • Forward-looking statements highlight risks and uncertainties that could adversely affect business performance.
  • Potential volatility related to market conditions could impact future distributions and overall financial health.

TAMPA, FL / ACCESSWIRE / March 1, 2021 / Generation Income Properties, Inc. (OTCQB:GIPR) ("GIP" or the "Company") announced on March 01, 2021 that its Board of Directors authorized a $0.325 per share quarterly cash distribution for shareholders of record of the Company's common stock as of March 15, 2021. This distribution is expected to be paid on or around March 22, 2021.

About Generation Income Properties

Generation Income Properties, Inc., located in Tampa, Florida, is an internally managed real estate investment trust formed to acquire and own, directly and jointly, real estate investments focused primarily on freestanding, single-tenant commercial retail, office and industrial net lease properties located mostly in major United States cities. Additional information about Generation Income Properties, Inc. can be found at the Company's corporate website: www.gipreit.com.

Forward-Looking Statements:

This press release, whether or not expressly stated, may contain "forward-looking" statements as defined in the Private Securities Litigation Reform Act of 1995. It reflects the company's expectations regarding future events and economic performance and are forward-looking in nature and, accordingly, are subject to risks and uncertainties. Such forward-looking statements include risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such forward-looking statements which are, in some cases, beyond the Company's control which could have a material adverse effect on the company's business, GIPREIT.COM financial condition, and results of operations. Some of these risks and uncertainties are identified in the company's most recent Annual Report on Form 1-K and its other filings with the SEC, which are available at www.sec.gov. The occurrence of any of these risks and uncertainties could have a material adverse effect on the company's business, financial condition, and results of operations. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.

Contact: ir@gipreit.com

SOURCE: Generation Income Properties, Inc.



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FAQ

What is the cash distribution amount announced by GIPR?

GIPR announced a cash distribution of $0.325 per share.

When is the cash distribution for GIPR shareholders scheduled to be paid?

The cash distribution is expected to be paid on or around March 22, 2021.

What is the record date for the cash distribution declared by Generation Income Properties?

The record date for the cash distribution is March 15, 2021.

What type of properties does Generation Income Properties focus on?

GIPR primarily focuses on freestanding, single-tenant commercial retail, office, and industrial net lease properties.

What risks are associated with GIPR's forward-looking statements?

The forward-looking statements include risks and uncertainties that could materially affect GIPR's business and financial condition.

Generation Income Properties Inc.

NASDAQ:GIPR

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REIT - Diversified
Real Estate Investment Trusts
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United States of America
TAMPA