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Ex-Dividend Reminder: STORE Capital, VICI Properties and First Industrial Realty Trust

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Looking at the universe of stocks we cover at Dividend Channel , on 12/28/18, STORE Capital Corp (Symbol: STOR), VICI Properties Inc (Symbol: VICI), and First Industrial Realty Trust Inc (Symbol: FR) will all trade ex-dividend for their respective upcoming dividends. STORE Capital Corp will pay its quarterly dividend of $0.33 on 1/15/19, VICI Properties Inc will pay its quarterly dividend of $0.2875 on 1/10/19, and First Industrial Realty Trust Inc will pay its quarterly dividend of $0.2175 on 1/22/19. As a percentage of STOR's recent stock price of $28.24, this dividend works out to approximately 1.17%, so look for shares of STORE Capital Corp to trade 1.17% lower - all else being equal - when STOR shares open for trading on 12/28/18. Similarly, investors should look for VICI to open 1.59% lower in price and for FR to open 0.78% lower, all else being equal.

Below are dividend history charts for STOR, VICI, and FR, showing historical dividends prior to the most recent ones declared.

STORE Capital Corp (Symbol: STOR) :

STOR+Dividend+History+Chart

VICI Properties Inc (Symbol: VICI) :

VICI+Dividend+History+Chart

First Industrial Realty Trust Inc (Symbol: FR) :

FR+Dividend+History+Chart

In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 4.67% for STORE Capital Corp, 6.35% for VICI Properties Inc, and 3.13% for First Industrial Realty Trust Inc.

In Wednesday trading, STORE Capital Corp shares are currently up about 1.4%, VICI Properties Inc shares are up about 0.6%, and First Industrial Realty Trust Inc shares are up about 0.8% on the day.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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