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