STORE Capital Declares First Quarter 2022 Dividend

Rhea-AI Summary

STORE Capital Corporation (NYSE: STOR) has announced a quarterly cash dividend of $0.385 per share for the first quarter ending March 31, 2022. This dividend will be payable on April 15, 2022, to stockholders of record by the close of business on March 31, 2022. As a leader in the net-lease real estate investment trust sector, STORE Capital emphasizes its focus on Single Tenant Operational Real Estate, boasting a diversified portfolio of over 2,850 properties across the United States.

Positive

• Quarterly cash dividend of $0.385 per share indicates financial stability.
• Over 2,850 property locations affirm a strong and diversified portfolio.
• Leadership position in net-lease REIT sector highlights company strength.

Negative

• None.

SCOTTSDALE, Ariz.--(BUSINESS WIRE)-- STORE Capital Corporation (NYSE: STOR), an internally managed net-lease real estate investment trust (REIT) that invests in Single Tenant Operational Real Estate, today announced that it has declared a regular quarterly cash dividend on its common stock of $0.385 per share for the first quarter ending March 31, 2022. The dividend will be paid on April 15, 2022 to STORE Capital stockholders of record as of the close of business on March 31, 2022.

About STORE Capital

STORE Capital Corporation is an internally managed net-lease real estate investment trust, or REIT, that is a leader in the acquisition, investment and management of Single Tenant Operational Real Estate, which is its target market and the inspiration for its name. STORE Capital is one of the largest and fastest growing net-lease REITs and owns a large, well-diversified portfolio that consists of investments in more than 2,850 property locations across the United States, substantially all of which are profit centers. Additional information about STORE Capital can be found on its website at www.storecapital.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220314005863/en/

Financial Profiles, Inc.

STORECapital@finprofiles.com

Investors or Media:

Moira Conlon, 310-622-8220

Megan McGrath, 310-622-8248

Source: STORE Capital Corporation

FAQ

What is the dividend amount declared by STORE Capital for Q1 2022?

STORE Capital declared a dividend of $0.385 per share for the first quarter ending March 31, 2022.

When will the STORE Capital dividend be paid?

The dividend will be paid on April 15, 2022.

What is the record date for STORE Capital's dividend?

The record date for the dividend is March 31, 2022.

How many properties does STORE Capital own?

STORE Capital owns over 2,850 property locations across the United States.