Spirit Realty Capital, Inc. (SRC) Dividends
Dividend Yield and Dividend History Highlights
- As for free cash flow, SRC has greater average cash flow over the past 5.5 years than 9.12% US-listed dividend payers.
- Regarding free cash flow variation: SRC reports less variability in its cash flow than only 2.44% of dividend stocks in our set.
- SRC is producing more trailing twelve month cash flow than 4.47% of US dividend stocks.
- If you want to include this stock in your dividend portfolio, here are some dividend stocks that are NOT correlated with SRC that may be suitable potential portfolio mates: NGVC, MRTN, STAF, ATNI and KAR.
SRC Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $42.31 | $109.89 | 143.56% |
The Dividend Discount Model (DDM) is a valuation model that attempts to determine a fair share price for a stock, based on the dividend it provides in comparison to several company-specific metrics indicative of the riskiness of the stock and the financial health of the company. In the case of SRC, the dividend discount model StockNews created for the company implies a positive return of 143.56%. To help understand and contextualize the model's evaluation of SRC, investors may wish to consider are:
- Compared to other US stocks that pay a dividend, Spirit Realty Capital Inc produces a dividend yield 5.65% -- which falls in the top 11.3%.
- SRC's market cap of approximately $6 billion makes it a mid-sized market cap company; out of dividend issuers in this group, the investment opportunity based on the difference between its current share price and its forecasted DDM value is greater than 77.54% of them.
- Based on dividend growth rate, Spirit Realty Capital Inc has been increasing its dividends at a faster rate than only 17.53% of US-listed dividend-issuing stocks we observed.
SRC Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2023-12-27 | Dividend | $0.67 | -- |
| 2023-09-28 | Dividend | $0.67 | +1.06% |
| 2023-06-29 | Dividend | $0.66 | -- |
| 2023-03-30 | Dividend | $0.66 | -- |
| 2022-12-29 | Dividend | $0.66 | -- |
| 2022-09-29 | Dividend | $0.66 | +3.92% |
| 2022-06-29 | Dividend | $0.64 | -- |
| 2022-03-30 | Dividend | $0.64 | -- |
| 2021-12-30 | Dividend | $0.64 | -- |
| 2021-09-29 | Dividend | $0.64 | +2.08% |
| 2021-06-29 | Dividend | $0.63 | -- |
| 2021-03-30 | Dividend | $0.63 | -- |
| 2020-12-30 | Dividend | $0.63 | -- |
| 2020-09-29 | Dividend | $0.63 | -- |
| 2020-06-29 | Dividend | $0.63 | -- |
| 2020-03-30 | Dividend | $0.63 | -- |
| 2019-12-30 | Dividend | $0.63 | -- |
| 2019-09-27 | Dividend | $0.63 | -- |
| 2019-06-27 | Dividend | $0.63 | -- |
| 2019-03-28 | Dividend | $0.63 | -- |
| 2018-12-28 | Dividend | $0.63 | +384.62% |
| 2018-12-13 | Split | 1-5-for-1 Stock Split | N/A |
| 2018-09-27 | Dividend | $0.13 | -30.56% |
| 2018-06-28 | Dividend | $0.18 | -80.22% |
| 2018-06-01 | Dividend | $0.91 | +405.56% |
| 2018-03-28 | Dividend | $0.18 | -- |
| 2017-12-28 | Dividend | $0.18 | -- |
| 2017-09-28 | Dividend | $0.18 | -- |
| 2017-06-28 | Dividend | $0.18 | -- |
| 2017-03-29 | Dividend | $0.18 | -- |
| 2016-12-28 | Dividend | $0.18 | +2.86% |
| 2016-09-28 | Dividend | $0.18 | -- |
| 2016-06-28 | Dividend | $0.18 | -- |
| 2016-03-29 | Dividend | $0.18 | -- |
| 2015-12-29 | Dividend | $0.18 | +2.94% |
| 2015-09-28 | Dividend | $0.17 | -- |
| 2015-06-26 | Dividend | $0.17 | -- |
| 2015-03-27 | Dividend | $0.17 | -- |
| 2014-12-29 | Dividend | $0.17 | +2.22% |
| 2014-09-26 | Dividend | $0.17 | -- |
| 2014-06-26 | Dividend | $0.17 | -- |
| 2014-03-27 | Dividend | $0.17 | -- |
| 2013-12-27 | Dividend | $0.17 | +22.73% |
| 2013-09-26 | Dividend | $0.14 | +758.06% |
| 2013-07-18 | Split | 19-10-for-1 Stock Split | N/A |
| 2013-06-26 | Dividend | $0.31 | -- |
| 2013-03-27 | Dividend | $0.31 | -6.01% |
| 2012-12-27 | Dividend | $0.33 | -- |
SRC Dividends vs. Peers
SRC's dividend yield currently ranks #28 of 68 vs. its peers in the REITs - Diversified category.
Looking for More Information on SRC dividends?
Want to see what other sources are saying about Spirit Realty Capital Inc's dividends? Try the links below:Spirit Realty Capital Inc Common Stock (SRC) Dividend History | Nasdaq
Dividend History for Spirit Realty Capital Inc (SRC) - Dividend Investor
Spirit Realty Capital Inc (SRC) Dividend History - Seeking Alpha