Getty Realty Corp. Announces Increased Quarterly Cash Dividend

Rhea-AI Summary

Getty Realty Corp. (NYSE: GTY) announced a cash dividend of $0.41 per common share, marking a 5.1% increase over the previous quarter. This dividend will be payable on January 6, 2022, to shareholders on record as of December 23, 2021.

The company, a net lease REIT, specializes in convenience and automotive retail real estate, owning 951 properties and leasing 54 properties in 35 states and Washington, D.C.

Positive

• Cash dividend increased by 5.1%, indicating strong financial health.
• Shareholders will receive a total of $0.41 per share, enhancing income.

Negative

• None.

NEW YORK--(BUSINESS WIRE)-- Getty Realty Corp. (NYSE: GTY) announced today that its Board of Directors declared a cash dividend of $0.41 per common share, an increase of 5.1% over the previous quarterly dividend. The dividend is payable on January 6, 2022 to holders of record on December 23, 2021.

About Getty Realty Corp.

Getty Realty Corp. is a publicly traded, net lease REIT specializing in the acquisition, financing and development of convenience, automotive and other single tenant retail real estate. As of June 30, 2021, the Company owned 951 properties and leased 54 properties from third-party landlords in 35 states across the United States and Washington, D.C.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211026006276/en/

Brian Dickman

Chief Financial Officer

(646) 349-6000

Investor Relations

(646) 349-0598

ir@gettyrealty.com

Source: Getty Realty Corp.

FAQ

When is the dividend payment date for GTY?

The dividend payment date for Getty Realty Corp. (GTY) is January 6, 2022.

What is the amount of the recently declared dividend for GTY?

The recently declared cash dividend for Getty Realty Corp. (GTY) is $0.41 per common share.

What percentage increase was made to the GTY dividend?

The dividend increased by 5.1% over the previous quarterly dividend.

Who are the shareholders of record for the GTY dividend?

The shareholders of record for the GTY dividend are those on record as of December 23, 2021.