Store Capital raises quarterly cash dividend by 6.9%

Store Capital Corp. a real estate investment trust or REIT that invests in single tenant operational real estate, said Monday it is raising its quarterly cash dividend by 6.9% to 38.50 cents a share. The new dividend will be paid on Oct. 15 to shareholders of record as of close of business Sept. 30. Shares were slightly higher premarket and have gained 0.3% in the year to date, while the S&P 500 has gained 18.7%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

Store Capital raises quarterly cash dividend by 6.9%
Store Capital Corp. a real estate investment trust or REIT that invests in single tenant operational real estate, said Monday it is raising its quarterly cash dividend by 6.9% to 38.50 cents a share. The new dividend will be paid on Oct. 15 to shareholders of record as of close of business Sept. 30. Shares were slightly higher premarket and have gained 0.3% in the year to date, while the S&P 500 has gained 18.7%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.