Spirit Realty Capital 6.0% Series A Cumulative Redeemable Preferred Stock
By: Tim McPartland,
Date Issued 9/26/2017
Shares Issued 6,000,000 Over-allotment Shares 900,000
S&P Rating BB Moodys Rating Ba1
Security Ticker Symbol SRC-A OTC Temporary Ticker SPRYP
Market Traded ON NYSE
Dividend Payment Paid on the last day of March, June, September and December beginning on 12/31/2017
Quarterly Dividend .375 Annual Dividend 1.50
Securities may be redeemed, at the issuers option, as early as 10/3/2022 at a call price of $25 plus accrued dividends.
Dividend Payment Will NOT BE Qualified Distributions. Preferred stock dividends of REITS are not eligible for the qualified tax rate.
Maturity Date None
Company Investor Relations Page for Spirit Realty Capital
Click here to find the offering Prospectus and Final Pricing Document
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