PHOENIX, June 19, 2015 /PRNewswire/ -- American
Realty Capital Properties, Inc. ("ARCP") (NASDAQ: ARCP) announced
today that, pursuant to the authorization of its board of
directors, it will pay a monthly dividend to holders of its 6.70%
Series F Cumulative Redeemable Preferred Stock, par value
$0.01 per share ("Series F Preferred
Stock"), in respect of the period commencing June 15, 2015 through July
14, 2015 on July 15, 2015 (the
"July Series F Dividend") and in respect of the period commencing
July 15, 2015 through August 14, 2015 on August
17, 2015 (the "August Series F Dividend"). Holders of Series
F Preferred Stock on July 1, 2015 and
on August 1, 2015 will be eligible to
receive the July Series F Dividend and the August 2015 Series F Dividend,
respectively. The dividend for the Series F Preferred Stock
accrues daily on a 360-day annual basis equal to an annualized
dividend rate of $1.675 per share, or
$0.1395833 per 30-day month.
About ARCP
ARCP is a leading, self-managed commercial real estate
investment trust ("REIT") focused on investing in single tenant
freestanding commercial properties subject to net leases with high
credit quality tenants. ARCP owns approximately 4,650 properties
totaling 102 million square feet of leasable space in 49 states, as
well as Washington D.C.,
Puerto Rico and Canada. Additionally, ARCP acquires and
manages assets on behalf of the Cole Capital® non-traded
REITs. ARCP is a publicly traded Maryland corporation listed on The NASDAQ
Global Select Market. Additional information about ARCP can be
found on its website at www.arcpreit.com. ARCP may disseminate
important information regarding it and its operations, including
financial information, through social media platforms such as
Twitter, Facebook and LinkedIn.
Forward-Looking Statements
Information set forth herein (including information included or
incorporated by reference herein) may contain "forward-looking
statements" (as defined in Section 21E of the Securities Exchange
Act of 1934, as amended), which reflect ARCP's expectations
regarding future events. The forward-looking statements involve a
number of risks, uncertainties and other factors which could cause
actual results to differ materially from those contained in the
forward-looking statements, including ARCP's ability to pay its
Series F Preferred Stock dividend timely and at the announced rate.
Additional factors that may affect future results are contained in
ARCP's filings with the U.S. Securities and Exchange Commission
(the "SEC"), which are available at the SEC's website at
www.sec.gov. ARCP disclaims any obligation to update and revise
statements contained in these materials based on new information or
otherwise.
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SOURCE American Realty Capital Properties, Inc.