FCPT Announces Q3 Dividend, Boosting Shareholder Confidence
FCPT Declares Its Third Quarter 2024 Dividend
Four Corners Property Trust, Inc. (NYSE: FCPT), a prominent player in the real estate investment sector, has announced a quarterly cash dividend of $0.3450 per share. This dividend, which translates to $1.38 per share annually, reflects the company’s commitment to maintaining shareholder value.
Dividend Payment Details
The announced dividend is slated for payment on October 15, 2024, and is intended for shareholders who are on record as of September 30, 2024. This proactive financial strategy is indicative of FCPT’s robust operational performance and its dedication to providing attractive returns to its investors.
Financial Impact on Shareholders
For investors, receiving a reliable dividend can be a significant part of their total income from an investment. This recent declaration emphasizes FCPT's ongoing efforts to sustain and enhance shareholder returns through consistent dividend payouts. With this announcement, FCPT demonstrates strong financial management and a commitment to long-term growth.
Overview of FCPT's Operations
Headquartered in Mill Valley, California, FCPT specializes in the acquisition and leasing of properties within the restaurant and retail sectors. Their strategy focuses on expanding their portfolio through smart acquisitions, which positions them as a strong competitor in the real estate investment trust (REIT) market.
Growth Strategy
FCPT continuously seeks opportunities for expansion to meet the evolving demands of the market. This includes a careful assessment of potential properties that align with their operational goals. Their focus not only drives revenue but also adds to the value they provide shareholders.
Commitment to Transparency
As part of a publicly traded company, FCPT recognizes the importance of transparency in its operations. They provide regular updates about their financial performance and strategic direction, reinforcing the trust investors place in them. This commitment is evident in the detailed disclosure practices that FCPT upholds.
Future Outlook
The future appears bright for FCPT as they continue to capitalize on opportunities within the restaurant and retail property market. Their strategic initiatives aim to boost not only their asset base but also their capacity to deliver dividends regularly. This proactive approach is what keeps shareholders engaged and optimistic about their investments.
Frequently Asked Questions
What is the declared dividend amount by FCPT?
FCPT has declared a quarterly cash dividend of $0.3450 per share.
When will the dividend be paid out?
The dividend will be paid on October 15, 2024.
Who will receive the dividend?
Shareholders on record as of September 30, 2024, will receive the dividend.
What type of properties does FCPT manage?
FCPT focuses on owning, acquiring, and leasing properties in the restaurant and retail sectors.
How does FCPT ensure shareholder confidence?
FCPT maintains transparency and provides regular updates to shareholders, reinforcing its commitment to delivering value.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
Disclaimer: The content of this article is solely for general informational purposes only; it does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice; the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. The author's interpretation of publicly available data shapes the opinions presented here; as a result, they should not be taken as advice to purchase, sell, or hold any securities mentioned or any other investments. The author does not guarantee the accuracy, completeness, or timeliness of any material, providing it "as is." Information and market conditions may change; past performance is not indicative of future outcomes. If any of the material offered here is inaccurate, please contact us for corrections.
Related Articles
- Microsoft Expands Shareholder Value with New Buyback Plan
- IDEX Biometrics ASA Announces Exciting Repair Offering Plans
- Indivior PLC Shareholders Urged to Act Before Deadline
- TLGY Acquisition Corp Announces Merger Extension Plans
- Equity Bancshares Declares Quarterly Cash Dividend for Shareholders
- Kilroy Realty Announces Dividend Plans for Shareholders
- Coinbase Shareholders Advised on Legal Action Concerning Fraud
- OneStream to Discuss Financial Outcome for Q3 Fiscal 2024
- Agilysys Shareholders Endorse New Equity Plan and Directors
- Progressive Care Inc. Shareholders Approve Major Merger Move
Recent Articles
- Rhythm Pharmaceuticals Enhances Workforce with New Awards
- Micron Technology Faces Headwinds as Analysts Warn
- Intel and AWS Forge New Path in AI Chip Development Together
- Bicara Therapeutics Completes Impressive $362 Million IPO Success
- Community Health Systems Strengthens Care Options in Arizona
- Vigil Neuroscience's Upcoming Presentation at Healthcare Conference
- Core & Main Enhances Infrastructure Solutions with New Acquisition
- Soleno Therapeutics Announces Conference Presentation Plans
- Investigation into Rentokil Initial plc Amid Profit Warning
- Engaging Investor Insights: Oportun Prepares for Sidoti Conference
- Dyne Therapeutics Faces Investigation Amid Leadership Changes
- 89bio Welcomes Teresa Perney, Ph.D. as New Regulatory Officer
- Investigation Launched into Transocean Ltd. Amidst Stock Drop
- MBX Biosciences Completes Successful Public Offering Boost
- Aviat Networks Faces Investigation – What Investors Should Know
- TFI International Announces Exciting New Quarterly Dividend
- Enerpac Tool Group Plans Q4 Earnings Release and Discussion
- Spire Global, Inc. Investors - Join the Class Action Today!
- Fulcrum Therapeutics Faces Investigation After Trial Results
- Financial Institutions, Inc. Shifts Focus, Winds Down BaaS Services
- Taro Pharmaceutical Industries Faces Class Action Lawsuit
- Breakthrough in Mental Health: SciSparc and Clearmind Partnership
- Clearmind Medicine's International Patent for Ibogaine Therapy
- Lincoln Financial Unveils Brand Refresh Highlighting Heritage
- Picton Mahoney Announces September Distribution Details for ETFs
- OFS Credit Company Reveals Preliminary Net Asset Value Insights
- Discover New Luxury Townhomes at Chambray, Charlotte's Gem
- Investigation Launched for Flux Power Holdings, Inc. Investors
- Acadia Healthcare Faces Investigation Over Patient Practices
- MicroStrategy Moves Forward with Full Redemption of Senior Notes
- InvenTrust Properties Corp. Declares Increased Cash Dividend for Q3
- FHLB Dallas Boosts Small Business Program Funding to $4.27M
- MicroStrategy's Innovative $700 Million Offering and Its Implications
- BlackRock TCP Capital Corp. Welcomes New Leadership Team
- Jordan Chiles Fights for Justice in Swiss Supreme Court Appeal
- Excelerate Energy's Vision: A Commitment to Sustainability Progress
- Exploring Fifth Third Bancorp's 6% Dividend Increase and Future Prospects
- Tower Health Enhances Financial Stability with New Exchange Offer
- Exploring Trimble's Recent Performance and Future Potential
- Cosmetica Laboratories Set to Unveil New Collection in NY
- U.S. EV Market Struggles While China Surges Ahead
- Investigation Alert: Insights into Caleres, Inc.'s Recent Challenges
- GitLab Inc. Investors Can Join Class Action for Loss Recovery
- C3.ai Faces Investor Investigation Amid Disappointing Earnings
- White Cap Expands Its Footprint Through Jobsite Supply Acquisition
- Con Edison to Present Its Clean Energy Vision on October 8
- ZoomInfo Technologies Class Action: Know Your Rights Today
- High Tide's Record Revenue Highlights Growth and Success
- I-Mab Showcases Givastomig's Promising Clinical Trial Results
- skinbetter science® Celebrates National Retinoid Week for Skin Health