MILL VALLEY, Calif.--(BUSINESS WIRE)--June 08, 2026--
Four Corners Property Trust, Inc. (NYSE: FCPT) today announced that its Board of Directors approved the commencement of monthly cash dividends starting in the third quarter of 2026. Aggregate monthly payments made in the third quarter are expected to be equivalent to current quarterly amounts.
FCPT's Board of Directors also declared its final quarterly cash dividend of $0.3665 per share (equivalent to $1.4660 per share per annum) for the second quarter of 2026. The dividend is payable on July 15, 2026, to shareholders of record as of June 30, 2026.
Following this payment, the Board of Directors declared the equivalent three-monthly cash dividends for the third quarter of 2026 in the amount of $0.1222 per share per month, payable in cash on the payment dates set forth in the following table to FCPT common stock shareholders of record as of the close of business on the record date.
Dividend Declared Amount Record Date Payment Date --------------- --------------- ------------------ ------------------ Final Quarterly $0.3665 June 30, 2026 July 15, 2026 --------------- --------------- ------------------ ------------------ Monthly $0.1222 July 31, 2026 August 17, 2026 --------------- --------------- ------------------ ------------------ Monthly $0.1222 August 31, 2026 September 15, 2026 --------------- --------------- ------------------ ------------------ Monthly $0.1222 September 30, 2026 October 15, 2026 --------------- --------------- ------------------ ------------------
Going forward, the Company's planned monthly dividend schedule, commencing with the dividend payable in August 2026, will have a record date on or around the last trading day of the month and payable on or around the fifteenth day of each month.
CEO Bill Lenehan said, "We are pleased to announce the commencement of a monthly dividend. We believe our fortress portfolio generates highly stable monthly rent, and this change better aligns our cash flow profile with shareholders' income preferences. This shift also reinforces our commitment to delivering consistent, reliable value to our shareholders."
About FCPT
FCPT, headquartered in Mill Valley, CA, is a real estate investment trust primarily engaged in the ownership, acquisition and leasing of restaurant and retail 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. Additional information about FCPT can be found on the website at www.fcpt.com.
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 FCPT'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 FCPT's public disclosure obligations, FCPT expressly disclaims any obligation to publicly release any updates or revisions to any forward-looking statements to reflect any change in FCPT'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 FCPT can give no assurance that its expectations or the events described will occur as described. For a further discussion of these and other factors that could cause FCPT's future results to differ materially from any forward-looking statements, see the section entitled "Risk Factors" in FCPT's most recent annual report on Form 10-K, and other risks described in documents subsequently filed by FCPT from time to time with the Securities and Exchange Commission.
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CONTACT: FCPT
Bill Lenehan, 415-965-8031
CEO
Patrick Wernig, 415-965-8038
CFO
(END) Dow Jones Newswires
June 08, 2026 16:05 ET (20:05 GMT)