PHOENIX, Nov. 30, 2018 /PRNewswire/ -- VEREIT, Inc.
(NYSE: VER) announced that its Board of Directors declared 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"), for
January 2019 through March 2019 in respect of the periods included in
the table below. The corresponding record and payment dates for
each month's Series F Preferred Stock dividend are also shown in
the table below. 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.
Period
|
|
Record
Date
|
|
Payment
Date
|
December 15, 2018 –
January 14, 2019
|
|
January 1,
2019
|
|
January 15,
2019
|
January 15, 2019 –
February 14, 2019
|
|
February 1,
2019
|
|
February 15,
2019
|
February 15, 2019 –
March 14, 2019
|
|
March 1,
2019
|
|
March 15,
2019
|
About the Company
VEREIT is a full-service real estate
operating company which owns and manages one of the largest
portfolios of single-tenant commercial properties in the U.S. The
Company has a total asset book value of $14.1
billion including approximately 4,000 properties and 93.9
million square feet. VEREIT's business model provides equity
capital to creditworthy corporations in return for long-term leases
on their properties. VEREIT is a publicly traded Maryland corporation listed on the New York
Stock Exchange. Additional information about VEREIT can be found on
its website at www.VEREIT.com and through social media
platforms such as Twitter and LinkedIn.
Forward-Looking Statements
Information set forth
herein contains "forward-looking statements" (within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended), which
reflect VEREIT's expectations regarding future events and plans,
VEREIT's future financial condition, results of operations and
business including VEREIT's Series F Preferred Stock dividends and
VEREIT's ability to timely pay the dividends at the announced rate.
The forward-looking statements involve a number of assumptions,
risks, uncertainties and other factors that could cause actual
results to differ materially from those contained in the
forward-looking statements. Generally, the words "expects,"
"anticipates," "assumes," "targets," "goals," "projects,"
"intends," "plans," "believes," "seeks," "estimates," "may,"
"will," "should," "could," "continues" and variations of such words
and similar expressions identify forward-looking statements.
Factors that may affect future results are contained in VEREIT's
filings with the U.S. Securities and Exchange Commission (the
"SEC"), which are available at the SEC's website at www.sec.gov.
VEREIT disclaims any obligation to publicly update or revise any
forward-looking statements, whether as a result of changes in
underlying assumptions or factors, new information, future events
or otherwise, except as required by law.
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SOURCE VEREIT, Inc.