American Finance Trust announced it will decrease its monthly dividend of regular common share stock to $0.0708333 per share monthly, or $0.2125 per share quarterly. In decreasing its dividend from $1.10 to $0.85 per share annually, the REI cited the uncertain and rapidly changing environment caused by the COVID-19 virus.
American Finance Trust Lowers Monthly Dividend
Diversified REIT Cites Uncertainty Caused by Virus for 23% Decrease
RELATED ARTICLES
This news story is available exclusively to CoStar subscribers.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalized Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In