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Spirit Realty Capital (Spirit Realty Capital) Forward Dividend Yield % : 6.33% (As of Apr. 25, 2024)


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What is Spirit Realty Capital Forward Dividend Yield %?

As of today (2024-04-25), the Forward Annual Dividend Yield of Spirit Realty Capital is 6.33%.

As of today (2024-04-25), the Trailing Annual Dividend Yield of Spirit Realty Capital is 6.30%.

SRC's Forward Dividend Yield % is not ranked
in the REITs industry.
Industry Median: 7.37 vs SRC: 6.33

Spirit Realty Capital's Dividends per Share for the three months ended in Sep. 2023 was $0.67.

During the past 12 months, Spirit Realty Capital's average Dividends Per Share Growth Rate was 3.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 1.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -6.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 2.70% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Spirit Realty Capital was 57.70% per year. The lowest was -11.40% per year. And the median was -1.25% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Spirit Realty Capital's Forward Dividend Yield %

For the REIT - Diversified subindustry, Spirit Realty Capital's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Spirit Realty Capital's Forward Dividend Yield % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Spirit Realty Capital's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Spirit Realty Capital's Forward Dividend Yield % falls into.



Spirit Realty Capital Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Spirit Realty Capital Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.6702023-12-272023-12-282024-01-12Cash DividendquarterlyUSD:USD 1.000000
USD 0.6702023-09-282023-09-292023-10-13Cash DividendquarterlyUSD:USD 1.000000
USD 0.6632023-06-292023-06-302023-07-14Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Spirit Realty Capital's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=2.68/42.31
=6.33 %

Current Share Price is $42.31.
Spirit Realty Capital's Dividends per Share for the forward twelve months is calculated as $0.67 * 4 = $2.68.

Spirit Realty Capital's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=2.003/42.31
=4.73 %

Current Share Price is $42.31.
Spirit Realty Capital's Dividends per Share for the trailing twelve months (TTM) ended in Today is $2.003.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Spirit Realty Capital  (NYSE:SRC) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Spirit Realty Capital Forward Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Spirit Realty Capital's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Spirit Realty Capital (Spirit Realty Capital) Business Description

Traded in Other Exchanges
Address
2727 North Harwood Street, Suite 300, Spirit Realty Capital, Dallas, TX, USA, 75201
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.
Executives
Michelle M Frymire director C/O SPIRIT REALTY CAPITAL, INC., 2727 N. HARWOOD STREET, SUITE 300, DALLAS TX 75201
Richard I Gilchrist director 5950 SHERRY LANE, SUITE 700, DALLAS TX 75225
Rochelle Thomas officer: EVP, General Counsel C/O SPIRIT REALTY CAPITAL, INC., 2727 N HARWOOD STREET, SUITE 300, DALLAS TX 75201
Jay Young officer: EVP, General Counsel 5501 LBJ FREEWAY, 5TH FLOOR, DALLAS TX 75240
Thomas J Sullivan director C/O SPIRIT REALTY CAPITAL INC., 2727 N. HARWOOD STREET, SUITE 300, DALLAS TX 75201
Kristian M Gathright director 10 S THIRD ST, RICHMOND VA 23219
Diana Laing director THE MACERICH COMPANY, 401 WILSHIRE BVLD., STE. 700, SANTA MONICA CA 90401
Elizabeth F Frank director ONE AMC WAY, 11500 ASH STREET, LEAWOOD KS 66211
Kenneth Heimlich officer: EVP, Asset Management 2727 N. HARWOOD ST., STE. 300, DALLAS TX 75201
Jackson Hsieh director, officer: CEO and President 2727 N HARWOOD STREET, SUITE 300, DALLAS TX 75201
Michael C. Hughes officer: EVP, CFO 545 E. JOHN CARPENTER FWY., SUITE 1300, IRVING TX 75062
Prakash J Parag officer: SVP, Chief Accounting Officer 2727 N HARWOOD STREET, SUITE 300, DALLAS X1 75201
Thomas D Senkbeil director
Sheli Z Rosenberg director C/O EQUITY GROUP INVESTMENTS, L.L.C., TWO NORTH RIVERSIDE PLAZA, SUITE 600, CHICAGO IL 60606
Todd A Dunn director 14631 NORTH SCOTTSDALE RD., SUITE 200, SCOTTSDALE AZ 85254