Streetbeat News

FCPT

Four Corners Property Trust, Inc.

https://www.fcpt.com

Industry

REIT - Retail

FCPT, headquartered in Mill Valley, CA, is a real estate investment trust primarily engaged in the acquisition and leasing of restaurant properties. The Company seeks to grow its portfolio by acquiring additional real estate to lease, on a net basis, for use in the restaurant and retail industries.

Open

29.38

Mkt cap

2.8B

Volume

138K

High

29.54

P/E Ratio

27.44

52-wk high

30.93

Low

29.11

Div yield

0.05

52-wk low

22.38

Four Corners Property Trust (FCPT) has expanded its portfolio by acquiring properties of Raising Cane's, Dollar General, and Jiffy Lube for a total of $6.6 million.

Portfolio Pulse from

November 20, 2024 | 4:30 pm

Four Corners Property Trust (FCPT) has acquired three properties, including Raising Cane's, Dollar General, and Jiffy Lube, for $6.6 million. These properties are located in Texas and Florida and are under long-term, triple net leases.

Portfolio Pulse from

November 19, 2024 | 11:30 pm

Four Corners Property Trust, Inc. (FCPT) has announced a 2.9% increase in its quarterly cash dividend for the fourth quarter of 2024, amounting to $0.3550 per share. The dividend will be payable on January 15, 2025, to shareholders of record as of December 31, 2024.

Portfolio Pulse from

November 11, 2024 | 11:00 pm

Four Corners Property Trust (FCPT) has acquired a Miller's Ale House property in Georgia for $3.8 million. The property is under a long-term net lease with 11 years remaining, and the transaction was priced at a 7.2% cap rate.