Strong Financial Performance
Getty Realty reported a 10% year-over-year growth in annualized base rent and a 5.1% increase in quarterly AFFO per share. The company also increased its 2025 AFFO per share guidance to a range of $2.42 to $2.43.
Successful Investment Activity
Invested more than $235 million year-to-date, exceeding the full year activity in 2024. This includes notable expansion in the drive-thru QSR segment and diversifying the tenant base with 10 new tenants in 2025.
High Occupancy and Long Lease Terms
The leased portfolio had an occupancy rate of 99.8% with a weighted average lease term of 9.9 years.
Dividend Increase
The Board approved a 3.2% increase in the quarterly dividend to $0.485 per share, marking the 12th consecutive year of dividend growth.