VER - Dividend announcements

SAN DIEGO, Jan. 28, 2022 /PRNewswire/ -- Realty Income Corporation ((Realty Income, NYSE:O), The Monthly Dividend Company®, today announced the final calculation of the dividend tax status for its 2021 common stock dividends. Also, Realty Income announced today the final calculation of the dividend tax status for VEREIT, Inc.'s ((VEREIT, NYSE:VER) 2021 common stock dividends and 6.70% Seres F Cumulative Redeemable Preferred Stock ((Series F Preferred Stock, NYSE:VER) dividends. A portion of the common stock dividend is considered a non-taxable distribution for both Realty Income and VEREIT. The respective tax attributes of the dividends paid per share are outlined below:

SAN DIEGO and PHOENIX, Nov. 1, 2021 /PRNewswire/ -- Realty Income Corporation ((Realty Income, NYSE:O), The Monthly Dividend Company®, and VEREIT, Inc. (NYSE:VER) ("VEREIT") today announced the completion of their previously announced merger. The common stock of the combined company will trade under the symbol "O" on the NYSE, beginning today. The closing follows the satisfaction of all conditions to the closing of the merger, including receipt of approval of the transaction by Realty Income and VEREIT stockholders, which stockholder approvals were obtained on August 12, 2021. Under the terms of the merger agreement, VEREIT stockholders were entitled to receive, for each share of VEREIT comm

PHOENIX, Oct. 29, 2021 /PRNewswire/ -- VEREIT, Inc. (NYSE:VER) ("VEREIT" or the "Company") announced today its operating results for the three months ending September 30, 2021. The Company anticipates closing its previously announced merger with Realty Income Corporation on November 1, 2021. Third Quarter 2021 Financial and Operating Highlights Net income of $61.6 million and net income per diluted share of $0.25 Achieved $0.83 AFFO per diluted share, representing a 7.8% increase compared to the same quarter in 2020 Rent collection of 99.1% Compared to last quarter, Total debt

SAN DIEGO and PHOENIX, Oct. 22, 2021 /PRNewswire/ -- Realty Income Corporation ((Realty Income, NYSE:O), The Monthly Dividend Company®, and VEREIT, Inc. (NYSE:VER) ("VEREIT") today announced that they anticipate closing their previously announced merger on November 1, 2021. In addition, the Registration Statement on Form 10 associated with the previously announced plan to spin-off substantially all the office assets from Realty Income and VEREIT, filed under the newly created company Orion Office REIT Inc. (NYSE:ONL) ("Orion"), is effective as of today, October 22, 2021. Realty Income has declared November 2, 2021 as the record date for the spin-off and November 12, 2021 as the distribution

PHOENIX, Oct. 14, 2021 /PRNewswire/ -- VEREIT, Inc. (NYSE:VER) ("VEREIT" or the "Company") announced today its Board of Directors has declared a cash dividend of $0.154 per common share for the month of October, which represents one-third of its prior quarterly dividend.  This dividend will be payable on November 15, 2021 to shareholders of record on November 2, 2021 (the "Record Date"), only if the merger with Realty Income Corporation has not closed prior to the Record Date.  VEREIT expects to continue declaring dividends on a monthly basis until the closing of the merger with Realty Income Corporation.

SAN DIEGO and PHOENIX, Aug. 12, 2021 /PRNewswire/ -- Realty Income Corporation (NYSE:O) ("Realty Income"), The Monthly Dividend Company®, and VEREIT, Inc. (NYSE:VER) ("VEREIT") today announced that Realty Income stockholders and VEREIT stockholders approved all of the proposals necessary for the closing of the previously announced merger pursuant to which Realty Income will acquire VEREIT. At the special meeting of Realty Income stockholders held today, approximately 98.9% of the votes cast were voted in favor of the issuance of new shares of Realty Income common stock to VERE

PHOENIX, Aug. 5, 2021 /PRNewswire/ -- VEREIT, Inc. (NYSE:VER) ("VEREIT" or the "Company") announced today its operating results for the three months ending June 30, 2021. Second Quarter 2021 Financial and Operating Highlights Net income of $77.9 million and net income per diluted share of $0.31 Achieved $0.81 AFFO per diluted share, representing an 8.0% increase compared to the same quarter in 2020 Rent collection of 99.4% Compared to last quarter, the following items remained essentially flat: Total debt - as reported at $5.6 billion; Adjusted Principal Outstanding at $5.8 bi

PHOENIX, May 6, 2021 /PRNewswire/ -- VEREIT, Inc. (NYSE:VER) ("VEREIT" or the "Company") announced today its operating results for the three months ending March 31, 2021.  First Quarter 2021 Financial and Operating Highlights Net income of $120.7 million and net income per diluted share of $0.50 Achieved $0.80 AFFO per diluted share Rent collection of 99% Compared to last quarter, Total debt - as reported decreased from $5.9 billion to $5.6 billion; Adjusted Principal Outstanding decreased from $6.1 billion to $5.8 billion; Net Debt decreased from $5.6 billion to $5.5 billion;

SAN DIEGO and PHOENIX, April 29, 2021 /PRNewswire/ -- Realty Income Corporation (NYSE:O) ("Realty Income"), The Monthly Dividend Company®, and VEREIT, Inc. (NYSE:VER) ("VEREIT") today announced that the two companies have entered into a definitive merger agreement by which Realty Income will acquire VEREIT in an all-stock transaction, creating a combined company with an enterprise value of approximately $50 billion. Under the terms of the agreement, VEREIT shareholders will receive 0.705 shares of Realty Income stock for every share of VEREIT stock they own. Immediately follo

PHOENIX, Dec. 17, 2020 /PRNewswire/ -- VEREIT, Inc. (NYSE: VER) ("VEREIT" or the "Company"), a full-service real estate operating company which owns and manages one of the largest portfolios of single-tenant commercial properties in the U.S., announced today that the Company has completed its previously announced one-for-five reverse stock split of its outstanding shares of common stock. Pursuant to the reverse stock split, every five shares of VEREIT's issued and outstanding shares of common stock, $0.01 par value per share, were converted into one share of common stock, $0.01 par value per share. Fractional shares resulting from the reverse stock split will be paid in cash based on the

PHOENIX, Dec. 16, 2020 /PRNewswire/ -- VEREIT, Inc. (NYSE: VER) ("VEREIT" or the "Company"), a full-service real estate operating company which owns and manages one of the largest portfolios of single-tenant commercial properties in the U.S., announced today that it intends to redeem 4,000,000 shares of its 6.70% Series F Cumulative Redeemable Preferred Stock ("Series F Preferred Stock"), representing approximately 21.20% of its approximately 18.9 million shares of Series F Preferred Stock outstanding, on January 15, 2021 (the "Redemption Date"). This redemption is in addition to VEREIT's expected Q4 2020 to Q1 2021 property acquisition pipeline of $150 million to $300 million.  The Comp