VER News and Press, VEREIT Inc. From 02/24/21

Vereit (VER) rent collections continue to improve, collecting ~99% of rent for January.Collects 98% of rent for Q4, 95% for Q3 and 87% for Q2.The REIT increases its quarterly dividend by 20% to 46.2 cents per share.Still, its 2021 adjusted FFO per share guidance $3.20-$3.30 comes in soft vs. ...

VEREIT (VER) declares $0.462/share quarterly dividend, 20% increase from prior dividend of $0.385.Forward yield 4.82%Payable April 15; for shareholders of record March 31; ex-div March 30.Prior dividend of $0.385/share accounts for one-for-five reverse stock split.See VER Dividend Scorecard, ...

VEREIT (VER): Q4 FFO of $0.76 misses by $0.03.Revenue of $287.9M (-5.8% Y/Y) misses by $7.64M.On February 23, 2021, the Company's Board of Directors increased the quarterly dividend for the first quarter of 2021 from $0.385 per share to $0.462 per share representing an increase of 20%. The di...

VEREIT® Announces Fourth Quarter and Full Year 2020 Operating Results Announces 20% Dividend Increase While Maintaining Conservative Payout Ratio PR Newswire PHOENIX , Feb. 24, 2021 /PRNewswire/ -- VEREIT, Inc. (NYSE: VER) ("VEREIT" or the "Company")...

VEREIT (NYSE:VER) is scheduled to announce Q4 earnings results on Wednesday, February 24th, before market open.The consensus FFO Estimate is $0.79 vs. $0.16 in 4Q19 and the consensus Revenue Estimate is $295.54M (-3.2% Y/Y).Over the last 2 years, VER has beaten FFO estimates 75% of the t...

Land & Buildings Investment Management adds Camden Property Trust (CPT), Monmouth Real Estate Investment (MNR), and Public Storage (PSA), according to its latest 13F filing.Exits Americold Realty, EPR Properties (EPR), Redfin (RDFN), and Invitation Homes (INVH)Slashes Vereit (VER) stake t...

Broadstone Net Lease is in a fundamentally better shape than peers in most of the important parameters. Yet it trades at a significantly discounted FFO multiple. I see BNL appreciating as the market digests this new company. For further details see: Clean, Reliable Divid...

We're now at the halfway point of another newsworthy REIT earnings season. Results thus far have generally been better than expected as dividend cuts have given way to dividend boosts. Rents paid, dividends raised: 18 equity REITs have boosted their dividend this year, the majority of...

NTST has a very low cost of capital, providing the REIT with an attractive spread between WACC and acquisition cap rates. With hundreds of millions of dollars available to invest from a base portfolio of $570 million at the end of 2020, NTST is primed for double-digit AFFO growth for ...

U.S. equity markets rebounded from their worst week since October as stronger-than-expected corporate earnings reports and recent economic and coronavirus data suggested a sooner-than-feared return to normalcy. Delivering a "perfect week" with gains on all-five trading days, the S&...