Getty Realty Corp. Announces Regular Quarterly Cash Dividend

Rhea-AI Summary

Getty Realty Corp. (NYSE: GTY) has announced an increase in its regular quarterly cash dividend to $0.39 per common share. This dividend will be payable on January 7, 2021, to shareholders on record as of December 24, 2020. As of September 30, 2020, Getty Realty owns 896 properties and leases 58 properties, making it a leading publicly traded real estate investment trust focused on convenience store and gasoline station properties in the U.S.

Positive

• Quarterly cash dividend increased to $0.39 per share.
• Demonstrates confidence in financial stability and shareholder returns.

Negative

• None.

JERICHO, N.Y.--(BUSINESS WIRE)--Getty Realty Corp. (NYSE: GTY) announced today that its Board of Directors unanimously approved an increase in the company’s regular quarterly cash dividend to $0.39 per common share payable on January 7, 2021, to holders of record on December 24, 2020.

About Getty Realty Corp.

Getty Realty Corp. is the leading publicly traded real estate investment trust in the United States specializing in the ownership, leasing and financing of convenience store and gasoline station properties. As of September 30, 2020, the Company owned 896 properties and leased 58 properties from third-party landlords in 35 states across the United States and Washington, D.C.