Getty Realty Corp. (NYSE-GTY) (the “Company”) announced today that its Board of Directors unanimously approved a quarterly cash dividend of $0.125 per common share payable on July 12, 2012 to shareholders of record on June 28, 2012.
The Board of Directors decided to re-initiate quarterly dividends based on the initial progress the Company has made in repositioning of the properties previously leased to Getty Petroleum Marketing, Inc.
Getty Realty Corp. is the largest publicly traded real estate investment
trust in the United States specializing in ownership, leasing and
financing of retail motor fuel and convenience store properties and
petroleum distribution terminals. The Company owns and leases
approximately 1,150 properties nationwide.
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