NEW
YORK, Oct. 3, 2022 /PRNewswire/ -- The Necessity
Retail REIT, Inc. (Nasdaq: RTL/ RTLPP / RTLPO) ("RTL") announced
today that it intends to continue to pay dividends on its shares of
Class A common stock at an annualized rate of $0.85 per share or $0.2125 per share on a quarterly basis. RTL
anticipates paying dividends authorized by its board of directors
on its shares of Class A common stock on a quarterly basis in
arrears on the 15th day of the first month following the end of
each fiscal quarter (or, if not a business day, the next succeeding
business day) to Class A common stock holders of record on the
record date for such payment.
Accordingly, RTL declared a dividend of $0.2125 per share of Class A common stock payable
on October 17, 2022 to common stock
holders of record at the close of business on October 13, 2022.
About The Necessity Retail REIT Where America
Shops
The Necessity Retail REIT, Inc. (Nasdaq: RTL) is a publicly
traded real estate investment trust listed on the Nasdaq focused on
acquiring and managing a diversified portfolio of primarily
service-oriented and traditional retail and distribution related
commercial real estate properties in the U.S. Additional
information about RTL can be found on its website at
www.necessityretailreit.com.
Important Notice
The statements in this press release that are not historical
facts may be forward-looking statements. These forward-looking
statements involve risks and uncertainties that could cause the
outcome to be materially different. The words such as "may,"
"will," "seeks," "anticipates," "believes," "expects," "estimates,"
"projects," "plans," "intends," "should" and similar
expressions are intended to identify forward-looking statements,
although not all forward-looking statements contain these
identifying words. These forward-looking statements are subject to
a number of risks, uncertainties and other factors, many of which
are outside of RTL's control, which could cause actual results to
differ materially from the results contemplated by the
forward-looking statements. These risks and uncertainties include
the potential adverse effects of (i) the ongoing global
COVID-19 pandemic, including actions taken to contain or treat
COVID-19, and (ii) the geopolitical instability due to the ongoing
military conflict between Russia
and Ukraine, including related
sanctions and other penalties imposed by the U.S. and European
Union, and the related impact on RTL, RTL's tenants and the global
economy and financial markets, as well as those set forth in the
Risk Factors section of RTL's most recent Annual Report on Form
10-K for the year ended December 31,
2021 filed on February 24,
2022, and all other filings with the Securities and Exchange
Commission after that date, as such risks, uncertainties and other
important factors may be updated from time to time in RTL's
subsequent reports. Further, forward-looking statements speak only
as of the date they are made, and RTL undertakes no obligation to
update or revise any forward-looking statement to reflect changed
assumptions, the occurrence of unanticipated events or changes to
future operating results over time, unless required by law.
Contacts:
Investor
Relations
ir@rtlreit.com
(866) 902-0063
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SOURCE The Necessity Retail REIT, Inc.