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Last €7.23 EUR
Change Today +0.187 / 2.66%
Volume 0.0
50A On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 3:37 PM 08/28/15 All times are local (Market data is delayed by at least 15 minutes).

vereit inc (50A) Snapshot

Open
€7.20
Previous Close
€7.04
Day High
€7.35
Day Low
€7.17
52 Week High
09/8/14 - €10.62
52 Week Low
11/3/14 - €5.91
Market Cap
6.5B
Average Volume 10 Days
12.5
EPS TTM
--
Shares Outstanding
905.0M
EX-Date
09/28/15
P/E TM
--
Dividend
€0.55
Dividend Yield
5.36%
Current Stock Chart for VEREIT INC (50A)

vereit inc (50A) Related Businessweek News

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vereit inc (50A) Details

VEREIT, Inc. is a publicly owned real estate investment trust. It owns and acquires single tenant, freestanding commercial real estate that is net leased on a medium-term basis, primarily to investment grade credit rated and other creditworthy tenants. The company principally invests in retail and office properties. It was formerly known as American Realty Capital Properties, Inc. VEREIT, Inc. was founded in 2010 and is based in Phoenix, Arizona.

400 Employees
Last Reported Date: 03/30/15
Founded in 2010

vereit inc (50A) Top Compensated Officers

Chief Financial Officer, Executive Vice Presi...
Total Annual Compensation: $447.0K
President of Office & Industrial Group
Total Annual Compensation: $735.2K
Executive Vice President of Real Estate
Total Annual Compensation: $2.3M
Compensation as of Fiscal Year 2014.

vereit inc (50A) Key Developments

Vereit, Inc. Declares Quarterly Dividend for the Third and Fourth Quarters of 2015, Payable on October 15, 2015 and January 15, 2016 Respectively; Declares Monthly Series F Preferred Stock for the Months September 2015 Through December of 2015, Payable on September 15, 2015, October 15, 2015 and November 16, 2015 Respectively

On August 5, 2015, VEREIT, Inc.'s board of directors declared a quarterly dividend of $0.1375 per share for each of the third and fourth quarters of 2015, representing an annual distribution rate of $0.55 per share. The dividend will be paid on October 15, 2015 and January 15, 2016 to common stockholders of record as of September 30, 2015 and December 31, 2015, respectively. In addition, the company's board of directors declared a monthly dividend to holders of its 6.70% Series F Cumulative Redeemable Preferred Stock, par value $0.01 per share for September 2015 through December of 2015. The dividends will payable in respect of the period commencing August 15, 2015 to September 14, 2015 on September 15, 2015, in respect of the period commencing October 15, 2015 on November 14, 2015 on November 16, 2015 and in respect of the period commencing October 15, 2015 to November 14, 2015 on November 16, 2015. Holders of Series F Preferred Stock on September 1, 2015, on October 1, 2015 and on November 1, 2015 will be eligible to receive the August Series F Dividend, September Series F Dividend and the October 2015 Series F Dividend, respectively.

VEREIT, Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended June 30, 2015; Provides Earnings Guidance for the Year 2015

VEREIT, Inc. reported unaudited consolidated earnings results for the first quarter ended June 30, 2015. For the quarter, the company reported total revenues of $393,721,000 compared to $382,178,000 a year ago. Operating income was $2,174,000 compared to $31,682,000 a year ago. Loss before income and franchise taxes and loss on disposition of real estate and held for sale assets was $82,785,000 compared to $60,035,000 a year ago. Net loss attributable to the company was $106,522,000 or $0.14 per basic and diluted share compared to $54,720,000 or $0.10 per basic and diluted share a year ago. Normalized EBITDA was $309,306,000 compared to $291,664,000 a year ago. AFFO was $202,338,000 compared to $185,934,000 a year ago. AFFO per diluted share was $0.22 compared to $0.21 a year ago. The company expects its 2015 FFO to be in a range between $0.78 and $0.81 per share, which includes an approximate $0.01 per share reduction from Cole Capital. The company expects its 2015 AFFO to be in a range between $0.80 to $0.83 per share, which includes an approximate $0.01 contribution from Cole Capital. Net loss per basic and diluted share expects to be $0.35 to $0.31.

VEREIT, Inc.(NasdaqGS:ARCP) dropped from NASDAQ Composite Index

VEREIT, Inc. will be removed from Nasdaq Composite Index.

 

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Valuation 50A Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 4.5x
Price/Book 0.8x
Price/Cash Flow 46.7x
TEV/Sales NM Not Meaningful
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