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American Realty Capital Properties Announces Monthly Distribution for December 2012
By: PR Newswire
Nov. 27, 2012 03:30 PM
NEW YORK, Nov. 27, 2012 /PRNewswire/ -- American Realty Capital Properties, Inc. (the "Company") (NASDAQ: ARCP) announced today that, pursuant to the prior authorization of its board of directors, the Company has declared its fourth consecutive quarterly increase to its annual distribution from $0.890 to $0.895 per share per annum to be paid monthly to stockholders of record at the close of business on the 8th day of each month, payable on the 15th day of such month. Accordingly, the Company's December 2012 dividend will be paid on December 15, 2012, to stockholders of record at the close of business on December 8, 2012, in an amount equal to $0.07458 per share.
American Realty Capital Properties, Inc. is a publicly traded Maryland corporation listed on The NASDAQ Capital Market that elected to qualify as a real estate investment trust with the year ended December 31, 2011, focused on owning and acquiring single tenant freestanding commercial properties subject to net leases with high credit quality tenants. Additional information about the Company can be found on the Company's website at www.americanrealtycapitalproperties.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.
SOURCE American Realty Capital Properties, Inc.
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