Spirit Realty Capital Inc (New)(NYSE:SRC) Declares Dividend of $0.1750.

Spirit Realty Capital Inc (New) (NYSE:SRC) had declared a cash dividend of $0.1750 on Jun 15, 2016. The shares will quote ex-dividend on Jun 28, 2016 and the record date has been fixed for Jun 30, 2016. On Jun 15, 2016 share price, the yield comes out to be 5.8382%. The dividend payable date has been fixed on Jul 15, 2016.

In a different note, On Apr 27, 2016, UBS said it Upgrades its rating on Spirit Realty Capital Inc (New). In the research note, the firm Raises the price-target to $11.50 per share. The shares have been rated ‘Buy’ by the firm.

Spirit Realty Capital Inc (New) (SRC) made into the market gainers list on Tuesdays trading session with the shares advancing 1.09% or 0.13 points. Due to strong positive momentum, the stock ended at $12.06, which is also near the day’s high of $12.09. The stock began the session at $12.02 and the volume stood at 27,16,753 shares. The 52-week high of the shares is $12.09 and the 52 week low is $8.89. The company has a current market capitalization of $5,785 M and it has 47,96,55,830 shares in outstanding.

Spirit Realty Capital Inc (New)(SRC) last announced its earnings results on May 4, 2016 for Fiscal Year 2016 and Q1.Company reported revenue of $168.36M. Analysts had an estimated revenue of $162.51M. Earnings per share were $0.22. Analysts had estimated an EPS of $0.21.

Several Insider Transactions has been reported to the SEC. On Jun 1, 2016, Thomas H Jr Nolan (Chief Executive Officer) sold 15,000 shares at $11.48 per share price.Also, On Sep 17, 2015, Gregg A Seibert (CIO and EVP – Acquisitions) purchased 4,300 shares at $9.26 per share price.On Sep 2, 2015, Phillip D Jr Joseph (CFO) purchased 3,553 shares at $9.40 per share price, according to the Form-4 filing with the securities and exchange commission.

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