SRC
SPIRIT REALTY CAPITAL, INC.
Delisted
SRC was delisted on the 22nd of January, 2024.
About: Spirit Realty Capital Inc is a real estate investment trust primarily involved in leasing properties throughout the U.S. Spirit Realty's core business is acquiring real estate through sale-leaseback transactions in which a tenant will sell their property to Spirit and then lease that same property back from Spirit through a prearranged, long-term agreement. Spirit generates nearly all of its revenue in the form of rental income derived from leasing assets in its real estate portfolio. The vast majority of this portfolio is composed of retail properties. General merchandise companies, casual dining chains, and quick service restaurant chains represent significant amounts of Spirit's rental income. The company's real estate assets are fairly evenly distributed throughout the U.S.
Employees: 89
Financial journalist opinion
Neutral
Business Wire
6 months ago
CORRECTING and REPLACING Professors from Georgia Tech and University of Michigan to be Honored for Excellence in Semiconductor Research
RALEIGH, N.C.--(BUSINESS WIRE)-- #connectinginnovators--SRC and SIA announce winners of 2024 University Research Awards, Prof. Suman Datta (Ga Tech) and Prof. Michael Flynn (Univ. Michigan).
Neutral
Business Wire
6 months ago
Professors from Georgia Tech and University of Michigan to be Honored for Excellence in Semiconductor Research
RALEIGH, N.C.--(BUSINESS WIRE)-- #connectinginnovators--SRC and SIA announce winners of 2024 University Research Awards, Prof. Suman Datta (Ga Tech) and Prof. Michael Flynn (Univ. Michigan).
Positive
Seeking Alpha
7 months ago
Realty Income: Acquisition Of Spirit Realty Boosts Growth Prospects
Since our last analysis, Realty Income has delivered a 17.2% return and completed its merger with Spirit Realty Capital. As the interest rate environment transitions to a rate-cutting cycle, the company's growth prospects are on the rise. DCF analysis shows conservative growth estimates, factoring in historical growth rates and recent mergers, with AFFO providing a clear view of sustainable earnings.
Positive
Seeking Alpha
1 year ago
These 8 Income Investments Pay Me Every Month
I am a fan of monthly dividends, because they provide income stability and slightly increase the speed of compounding. I highlight eight monthly dividend payers that I consider to be high-quality investments with sustainable payouts. Monthly dividends are great, but not at the expense of the quality of assets, management, and balance sheet. Those factors are more important.
Neutral
PRNewsWire
1 year ago
Realty Income Announces 2023 Dividend Tax Allocation for Realty Income Corporation and Spirit Realty Capital, Inc.
SAN DIEGO , Jan. 26, 2024 /PRNewswire/ -- Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company®, today announced the final calculation of the dividend tax status for its 2023 common stock dividends. Additionally, Realty Income announced today the final calculation of the dividend tax status for Spirit Realty Capital, Inc.'s (Spirit, formerly NYSE: SRC) 2023 common stock dividends and 6.00% Series A Cumulative Redeemable Preferred Stock (Series A Preferred Stock, formerly NYSE: SRC.PRA) dividends.
Neutral
PRNewsWire
1 year ago
Realty Income Closes Merger with Spirit Realty Capital
SAN DIEGO , Jan. 23, 2024 /PRNewswire/ -- Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company®, has closed on the previously announced merger with Spirit Realty Capital, Inc. ("Spirit", NYSE: SRC) in an all-stock transaction. The common stock of the combined company will trade under the symbol "O" on the New York Stock Exchange, beginning today.
Positive
Seeking Alpha
1 year ago
Realty Income Balloons With Spirit Realty Takeover
Spirit Realty Capital shareholders have approved the merger deal. The deal is expected to be positive for Realty Income and will result in sizable AFFO per share accretion. The merger will diversify Realty Income's portfolio and lower rent concentration for top industries and clients.
Neutral
PRNewsWire
1 year ago
Spirit Realty Capital Shareholders Approve Realty Income Merger
SAN DIEGO and DALLAS , Jan. 19, 2024 /PRNewswire/ -- Realty Income Corporation (NYSE: O) ("Realty Income"), The Monthly Dividend Company®, and Spirit Realty Capital, Inc. (NYSE: SRC) ("Spirit"), today announced that Spirit stockholders approved all of the proposals necessary for the closing of the previously announced merger pursuant to which Realty Income will acquire Spirit. No approval of Realty Income shareholders is required in connection with the merger.
Neutral
Business Wire
1 year ago
Spirit Realty Capital Shareholders Approve Realty Income Merger
SAN DIEGO & DALLAS--(BUSINESS WIRE)--Spirit Realty Capital Shareholders Approve Realty Income Merger.
Neutral
PRNewsWire
1 year ago
e.l.f. Beauty Set to Join S&P MidCap 400; Peabody Energy to Join S&P SmallCap 600
NEW YORK, Jan. 17, 2024 /PRNewswire/ -- e.l.f. Beauty Inc. (NYSE: ELF) will replace Spirit Realty Capital Inc. (NYSE: SRC) in the S&P MidCap 400, and Peabody Energy Corp. (NYSE:BTU) will replace e.l.f. Beauty in the S&P SmallCap 600 effective prior to the opening of trading on Tuesday, January 23. S&P 500 constituent Realty Income Corp. (NYSE: O) is acquiring Spirit Realty Capital in a transaction expected to be completed on or about that date pending final conditions.
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