Dec. 27, 2012
American Realty Capital Properties, Inc.
(the "Company") (NASDAQ: ARCP) announced today that, pursuant to the prior authorization of its board of directors, the Company has declared an annual dividend of
per share to be paid monthly to stockholders of record at the close of business on the 8
day of each month, payable on the 15
day of such month. Accordingly, on
January 15, 2013
, the Company will pay a distribution of
per share to stockholders of record at the close of business on
January 8, 2013
In addition, as previously disclosed, the Company's board of directors authorized, and the Company declared, its fifth consecutive quarterly increase to its annual distribution. The annual distribution rate per share will be increased by
per annum, and will accrue commencing on
February 9, 2013
American Realty Capital Properties, Inc. is a publicly traded
corporation listed on The NASDAQ Capital Market that elected to qualify as a real estate investment trust with the year ended
December 31, 2011
, focused on owning and acquiring single tenant freestanding commercial properties subject to net leases with high credit quality tenants. Additional information about the Company can be found on the Company's website at
The statements in this press release that are not historical facts may be forward-looking statements. These forward- looking statements involve risks and uncertainties that could cause the outcome to be materially different.
SOURCE American Realty Capital Properties, Inc.