Four Corners Property Trust (FCPT) Given News Impact Score of 0.11
Media headlines about Four Corners Property Trust (NYSE:FCPT) have been trending somewhat positive recently, Accern reports. The research group identifies negative and positive news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Four Corners Property Trust earned a coverage optimism score of 0.11 on Accern’s scale. Accern also assigned headlines about the financial services provider an impact score of 47.0713720403297 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Four Corners Property Trust (FCPT) traded down $0.15 during mid-day trading on Thursday, reaching $22.28. 98,803 shares of the company’s stock were exchanged, compared to its average volume of 263,058. Four Corners Property Trust has a 12 month low of $20.82 and a 12 month high of $26.96. The stock has a market cap of $1,377.52, a P/E ratio of 15.82 and a beta of -0.24.
The business also recently announced a quarterly dividend, which was paid on Friday, January 12th. Shareholders of record on Friday, December 29th were given a $0.275 dividend. This is an increase from Four Corners Property Trust’s previous quarterly dividend of $0.24. The ex-dividend date of this dividend was Thursday, December 28th. This represents a $1.10 dividend on an annualized basis and a yield of 4.94%. Four Corners Property Trust’s dividend payout ratio is presently 78.01%.
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About Four Corners Property Trust
Four Corners Property Trust, Inc is a self-administered company and real estate investment trust (REIT), which owns, acquires and leases properties for use in the restaurant and food service related industries. The Company operates through two segments: real estate operations and restaurant operations.
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