The Necessity Retail REIT Announces Common Stock Dividend for Second Quarter 2022
The Necessity Retail REIT, Inc. (Nasdaq: RTL, RTLPO, RTLPP) has declared a quarterly dividend of $0.2125 per share on its Class A common stock, totaling $0.85 annually. This dividend will be payable on April 18, 2022 to shareholders on record by April 11, 2022. The dividends are intended to be paid quarterly in arrears, showcasing the company's commitment to return value to shareholders. The statement also provided a reminder of potential risks associated with forward-looking statements concerning the company’s performance amid ongoing market uncertainties.
- Quarterly dividend of $0.2125 per share enhances shareholder value.
- Annualized dividend rate is $0.85, reflecting company confidence.
- Risks associated with COVID-19 pandemic could adversely affect performance.
- Forward-looking statements may not guarantee outcomes.
NEW YORK, April 1, 2022 /PRNewswire/ -- The Necessity Retail REIT, Inc. (Nasdaq: RTL/ RTLPP / RTLPO) ("RTL") announced today that it intends to continue to pay dividends on its shares of Class A common stock at an annualized rate of
Accordingly, RTL declared a dividend of
The Necessity Retail REIT, Inc. (Nasdaq: RTL) 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 RTL can be found on its website at www.necessityretailreit.com.
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 "anticipates," "believes," "expects," "estimates," "projects," "plans," "intends," "may," "would" and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. These forward-looking statements are subject to risks, uncertainties and other factors, many of which are outside of RTL'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 RTL, RTL'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 RTL's most recent Annual Report on Form 10-K for the year ended December 31, 2021 filed on February 24, 2022, and all other filings with the SEC after that date, as such risks, uncertainties and other important factors may be updated from time to time in RTL's subsequent reports. Further, forward-looking statements speak only as of the date they are made, and RTL undertakes no obligation to update or revise any forward-looking statement to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results over time, unless required by law.
Contacts:
Investor Relations
ir@rtlreit.com
(866) 902-0063
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SOURCE The Necessity Retail REIT, Inc.
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