MILL VALLEY, Calif.--(BUSINESS WIRE)--
Four Corners Property Trust, Inc. (“Four Corners” or the “Company”,
NYSE: FCPT) today announced that its Board of Directors had declared a
quarterly cash dividend of $0.2425 per share (equivalent to $0.97 per
annum) for the second quarter of 2016. The dividend is payable on July
15, 2016 to stockholders of record as of June 30, 2016.
About Four Corners:
Four Corners, headquartered in Mill Valley, CA, is an independent
company primarily engaged in the acquisition and leasing of restaurant
properties. Four Corners seeks to grow its portfolio by acquiring
additional real estate to lease, on a triple net basis, for use in the
restaurant and related food services industry.
Cautionary Note Regarding Forward-Looking
Statements:
This press release contains forward-looking statements within the
meaning of the federal securities laws. Forward-looking statements
include all statements that are not historical statements of fact and
those regarding the Company’s intent, belief or expectations, including,
but not limited to, statements regarding: operating and financial
performance; and expectations regarding the making of distributions and
the payment of dividends. Words such as “anticipate(s),” “expect(s),”
“intend(s),” “plan(s),” “believe(s),” “may,” “will,” “would,” “could,”
“should,” “seek(s)” and similar expressions, or the negative of these
terms, are intended to identify such forward-looking statements.
Forward-looking statements speak only as of the date on which such
statements are made and, except in the normal course of the Company’s
public disclosure obligations, the Company expressly disclaims any
obligation to publicly release any updates or revisions to any
forward-looking statements to reflect any change in the Company’s
expectations or any change in events, conditions or circumstances on
which any statement is based. Forward-looking statements are based on
management’s current expectations and beliefs and the Company can give
no assurance that its expectations or the events described will occur as
described. Forward-looking statements are subject to a number of risks
and uncertainties that could cause actual results to differ materially
from those set forth in or implied by such forward-looking statements.
Factors that could have a material adverse effect on the Company’s
operations and future prospects or that could cause actual results to
differ materially from the Company’s expectations are included in the
sections entitled “Business,” “Risk Factors” and “Management’s
Discussion and Analysis of Financial Condition and Results of
Operations” of the Company’s Annual Report on Form 10-K filed with the
Securities and Exchange Commission on March 21, 2016.
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Four Corners Property Trust, Inc.
Bill Lenehan, 415-965-8031
CEO
Gerry
Morgan, 415-965-8032
CFO
Source: Four Corners Property Trust, Inc.