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The Necessity Retail REIT, Inc. (RTLPP), a public non-traded REIT, specializes in investing in triple net lease properties with long-term leases from credit tenants. It focuses on acquiring and managing a diversified portfolio of service-oriented and traditional retail and distribution-related commercial real estate properties in the U.S. Recent achievements include completing approximately 686,000 square feet of new and renewal leases and hosting an Annual Meeting where Edward M. Weil, Jr. and Lisa Kabnick were reelected to the Board of Directors. RTL emphasizes enhanced corporate governance and internalization of management functions, particularly in preparation for the merger with Global Net Lease, Inc.
The Necessity Retail REIT (Nasdaq: RTL, RTLPO, RTLPP) has announced a quarterly dividend of $0.2125 per share of Class A common stock. This dividend will be paid on April 17, 2023, to stockholders of record as of April 13, 2023. The company focuses on acquiring and managing a diverse portfolio of retail and distribution-related real estate properties across the U.S., aiming to provide income for its investors.
The Necessity Retail REIT, Inc. (Nasdaq: RTL, RTLPO, RTLPP) announced quarterly dividends for its preferred stock on March 27, 2023. The company declared a dividend of $0.46875 per share on its 7.50% Series A Preferred Stock and $0.4609375 per share on its 7.375% Series C Preferred Stock. Both dividends are payable on April 17, 2023, to shareholders on record as of the close of business on April 6, 2023. This announcement emphasizes RTL's commitment to rewarding its investors through consistent dividend payments.
The Necessity Retail REIT (Nasdaq: RTL, RTLPO, RTLPP) announced the sale of four properties leased to Stop & Shop for $70 million, located in Massachusetts and Rhode Island. CEO Michael Weil emphasized the sale reflects their strategy to dispose of fully valued assets. The proceeds will be used to further reduce debt, supporting their leverage reduction initiative. The company aims to optimize its balance sheet while pursuing additional strategic sales. This disposition aligns with their goal of maintaining a diversified portfolio focused on necessity-based retail properties in the U.S.
The Necessity Retail REIT (Nasdaq: RTL, RTLPO, RTLPP) announced it will disclose its fourth quarter and full year financial results for 2022 on February 22, 2023, post-market hours. A conference call will follow on February 23, 2023, at 11:00 a.m. ET, featuring management commentary and a Q&A session with analysts and investors.
The REIT focuses on necessity-based retail properties across the U.S. with a diversified portfolio strategy. Forward-looking statements highlight potential risks, including COVID-19 impacts and geopolitical tensions affecting operations.
The Necessity Retail REIT, Inc. (Nasdaq: RTL/ RTLPO/ RTLPP) announced it will pay a quarterly dividend of $0.2125 per share on January 17, 2023, to shareholders recorded by January 13, 2023. This dividend reflects an annualized rate of $0.85 per share, continuing its commitment to returning value to investors. Payments will occur on the 15th of the month following each fiscal quarter’s end. The company remains focused on managing a portfolio of retail and distribution properties across the U.S.
The Necessity Retail REIT, Inc. (Nasdaq: RTL/ RTLPO / RTLPP) announced the closing of four property sales totaling $1.6 million and expects to finalize an additional $72.8 million in Q4 2022. By year-end, the company will have disposed of 27 properties for a total of $405.4 million. Furthermore, RTL signed over two million square feet of new and renewal leases in 2022, emphasizing its strategic growth. CEO Michael Weil highlighted the potential use of proceeds for debt repayment and anticipated further disposals in early 2023.
The Necessity Retail REIT, Inc. (Nasdaq: RTL/ RTLPP / RTLPO) announced it will continue quarterly dividends on its 7.50% Series A Cumulative Redeemable Perpetual Preferred Stock at an annualized rate of $1.875 per share. A dividend of $0.46875 per share is set for payment on January 17, 2023, to Series A Preferred Stock holders of record by January 6, 2023. This consistent dividend policy reflects RTL's commitment to shareholder returns.
The Necessity Retail REIT (Nasdaq: RTL, RTLPO, RTLPP) announced a quarterly dividend of $0.4609375 per share on its 7.375% Series C Cumulative Redeemable Perpetual Preferred Stock. This dividend, totaling $1.84375 annually, will be paid on January 17, 2023 to holders of record as of January 6, 2023. The company continues its commitment to shareholder returns amidst market uncertainties, including impacts from the COVID-19 pandemic and geopolitical tensions.
The Necessity Retail REIT (Nasdaq: RTL, RTLPO, RTLPP) announced its financial results for Q3 2022 will be released on November 2, 2022, post-market close. A conference call to discuss these results is scheduled for November 3, 2022, at 11:00 a.m. ET, which will include a Q&A session. RTL focuses on necessity-based retail properties across the U.S., aiming to provide insights into its investment strategy and business performance. More information can be found on their official website.
The Necessity Retail REIT announced a **quarterly dividend** of **$0.2125** per share of Class A common stock for Q4 2022, set for payment on **October 17, 2022**. Shareholders on record by **October 13, 2022** will receive the payment. This dividend reflects an annualized rate of **$0.85** per share. The REIT focuses on a diversified portfolio primarily consisting of service-oriented and traditional retail properties in the U.S.
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