American Realty Capital Properties Announces Monthly Common Stock and Series F Preferred Stock Dividends for June 2014

http://photos.prnewswire.com/prnvar/20120529/NY15147LOGO

NEW YORK, May 22, 2014  —  American Realty Capital Properties, Inc. (“ARCP”) (NASDAQ: ARCP) announced today that, pursuant to the prior authorization of its board of directors, ARCP has declared an annualized common stock dividend of $1.00 per share to be paid monthly to holders of common stock of record at the close of business on the 8th day of each month, payable on the 15th day of such month (or the respective business days immediately preceding such dates). Accordingly, on June 13, 2014, ARCP will pay a distribution of $0.0833333 per share to holders of common stock of record at the close of business on June 6, 2014.

Additionally, ARCP 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 May 15, 2014 through June 14, 2014, on June 16, 2014. Holders of Series F Preferred Stock on June 1, 2014 will be eligible to receive such dividend. 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.

Leave a Reply

Your email address will not be published. Required fields are marked *

twenty − 5 =