Four Corners Property Trust, Inc. (FCPT) News
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FCPT News Highlights
- For FCPT, its 30 day story count is now at 8.
- Over the past 9 days, FCPT's stories per day has been in a clear downtrend, falling by about 0.50 per 2 days.
Latest FCPT News From Around the Web
Below are the latest news stories about FOUR CORNERS PROPERTY TRUST INC that investors may wish to consider to help them evaluate FCPT as an investment opportunity.
MILL VALLEY, Calif., November 10, 2023--Four Corners Property Trust, Inc. (NYSE: FCPT) today announced that its Board of Directors declared a quarterly cash dividend of $0.3450 per share (equivalent to $1.38 per share per annum) for the fourth quarter of 2023. This represents a 1.5% increase from the prior quarter. The dividend is payable on January 12, 2024 to shareholders of record as of December 29, 2023.
MILL VALLEY, Calif., November 08, 2023--Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties ("FCPT" or the "Company"), is pleased to announce the acquisition of a Taco Bell property for $2.2 million. The property is located in a strong retail corridor in Oklahoma and is franchisee-operated under a triple net lease to K-MAC Enterprises, LLC with approximately five ye
On November 6, 2023, William Lenehan, President and CEO of Four Corners Property Trust Inc (NYSE:FCPT), purchased 9,000 shares of the company, signaling a strong vote of confidence in the firm's prospects.
Four Corners Property Trust, Inc. (NYSE:FCPT) Q3 2023 Earnings Call Transcript November 2, 2023 Operator: Hello and welcome to the FCPT Third Quarter 2023 Financial Results Conference Call. My name is Lauren, and I will be the operator for today’s call. There will be an opportunity for questions at the end of the presentation. [Operator […]
Q3 2023 Four Corners Property Trust Inc Earnings Call
Four Corners Property (FCPT) delivered FFO and revenue surprises of -2.33% and 0.23%, respectively, for the quarter ended September 2023. Do the numbers hold clues to what lies ahead for the stock?
FCPT's Q3 Earnings Highlight Strong Rental Revenue Growth and Stable Occupancy Rates
MILL VALLEY, Calif., November 01, 2023--Four Corners Property Trust, Inc. ("FCPT" or the "Company", NYSE: FCPT) today announced financial results for the three months and nine months ended September 30, 2023.
MILL VALLEY, Calif., October 12, 2023--Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties ("FCPT" or the "Company"), is pleased to announce the acquisition of an Oak Street Health property for $2.4 million. The property is located in a highly trafficked corridor in Arkansas and is corporate-operated under a long-term, net lease. The transaction was priced at a cap
To improve balance sheets, there has been a scramble lately among various real estate investment trusts (REITs) to sell off properties that are either at risk of poor future performance or have already been struggling financially. REITs may also sell properties with smaller cap rates to acquire new ones with higher cap rates. Take a look at one diversified REIT, with a history of aggressive acquisitions that is now selling off some of its higher-risk properties at an opportune time. Four Corners