Dividend PolicyThe company increased the quarterly dividend 1.8% to $0.285 per share, yielding 6.6% annually.
Financial PerformanceThe company reported FFO numbers of $0.44, which represents a ~19% increase year-over-year, and is two cents higher than consensus estimates and four cents higher than analyst estimates.
Operational PerformanceThe company increased their weighted average remaining lease term to 9.0 years and reported occupancy of 99.0%, up from 98.0% quarter-over-quarter.