NEW
YORK, March 27, 2023 /PRNewswire/ -- The
Necessity Retail REIT, Inc. (Nasdaq: RTL/ RTLPP / RTLPO) ("RTL")
announced today that it declared quarterly dividends on its
outstanding preferred stock. Specifically, RTL declared a dividend
of $0.46875 per share on its 7.50%
Series A Cumulative Redeemable Perpetual Preferred Stock (the
"Series A Preferred Stock") payable on April
17, 2023, to holders of record at the close of business on
April 6, 2023. In addition, RTL
declared a dividend of $0.4609375 per
share on its 7.375% Series C Cumulative Redeemable Perpetual
Preferred Stock (the "Series C Preferred Stock") payable on
April 17, 2023, to holders of record
at the close of business on April 6,
2023.
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, (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, and (iii) inflationary conditions and higher interest rate
environments, 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, 2022 filed on
February 23, 2023, and all other
filings with the SEC 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 to
do so by law.
Contacts:
Investor
Relations
ir@rtlreit.com
(866) 902-0063
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SOURCE The Necessity Retail REIT, Inc.