{"id":403375,"date":"2020-12-21T06:03:37","date_gmt":"2020-12-21T11:03:37","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=403375"},"modified":"2020-12-21T06:03:37","modified_gmt":"2020-12-21T11:03:37","slug":"american-finance-trust-announces-series-a-preferred-stock-dividend-4","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/american-finance-trust-announces-series-a-preferred-stock-dividend-4\/","title":{"rendered":"American Finance Trust Announces Series A Preferred Stock Dividend"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">NEW YORK<\/span>, <span class=\"xn-chron\">Dec. 21, 2020<\/span> \/PRNewswire\/ &#8212; American Finance Trust, Inc. (Nasdaq: AFIN\/ AFINP \/ AFINO) (&#8220;AFIN&#8221;) announced today that it intends to continue to pay dividends on a quarterly basis on its 7.50% Series A Cumulative Redeemable Perpetual Preferred Stock (the &#8220;Series A Preferred Stock&#8221;) at an annualized rate of <span class=\"xn-money\">$1.875<\/span> per share or <span class=\"xn-money\">$0.46875<\/span> per share on a quarterly basis. Dividends on the Series A Preferred Stock are payable in arrears to Series A Preferred Stock holders of record at the close of business on the applicable record date and payable on the 15th day of the first month of each fiscal quarter (or, if not a business day, the next succeeding business day).<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/404813\/American_Finance_Trust_Logo.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/404813\/American_Finance_Trust_Logo.jpg\" title=\"American Finance Trust, Inc. logo\" alt=\"American Finance Trust, Inc. logo\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>Accordingly, AFIN declared a dividend of <span class=\"xn-money\">$0.46875<\/span> per share of Series A Preferred Stock payable on January\u00a015, 2021 to Series A Preferred Stock holders of record at the close of business on January\u00a05, 2021.<\/p>\n<p>\n        <b>About American Finance Trust, Inc.<\/b>\n      <\/p>\n<p>American Finance Trust, Inc. (Nasdaq: AFIN) is a publicly traded real estate investment trust listed on the Nasdaq focused on acquiring and managing a diversified portfolio of primarily service-oriented and traditional retail and distribution related commercial real estate properties in the U.S. Additional information about AFIN can be found on its website at <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3018272-1&amp;h=962814041&amp;u=http%3A%2F%2Fwww.americanfinancetrust.com%2F&amp;a=www.americanfinancetrust.com\" rel=\"nofollow noopener noreferrer\">www.americanfinancetrust.com<\/a>. <\/p>\n<p>\n        <b>Important Notice<\/b>\n      <\/p>\n<p>The statements in this press release that are not historical facts may be forward-looking statements. These forward-looking statements involve risks and uncertainties that could cause the outcome to be materially different. In addition, words such as &#8220;may,&#8221; &#8220;will,&#8221; &#8220;seeks,&#8221; &#8220;anticipates,&#8221; &#8220;believes,&#8221; &#8220;estimates,&#8221; &#8220;expects,&#8221; &#8220;plans,&#8221; &#8220;intends,&#8221; &#8220;should&#8221; or similar expressions indicate a forward-looking statement, although not all forward-looking statements include these words. These forward-looking statements are subject to risks, uncertainties and other factors, many of which are outside of AFIN&#8217;s control, which could cause actual results to differ materially from the results contemplated by the forward-looking statements. These risks and uncertainties include the potential adverse effects of the ongoing global COVID-19 pandemic, including actions taken to contain or treat COVID-19, on AFIN, AFIN&#8217;s tenants and the global economy and financial markets and that the information about rent collections may not be indicative of any future period, as well as those set forth in the Risk Factors section of AFIN&#8217;s most recent Annual Report on Form 10-K for the year ended <span class=\"xn-chron\">December 31, 2019<\/span> filed on <span class=\"xn-chron\">February 27, 2020<\/span>, AFIN&#8217;s most recent Quarterly Reports on Form 10-Q for the quarters ended <span class=\"xn-chron\">March 31, 2020<\/span>, <span class=\"xn-chron\">June 30, 2020<\/span>, and <span class=\"xn-chron\">September 30, 2020<\/span>, filed on <span class=\"xn-chron\">May 7, 2020<\/span>, <span class=\"xn-chron\">August 6, 2020<\/span>, and <span class=\"xn-chron\">November 5, 2020<\/span>, respectively, and all other filings filed with the Securities and Exchange Commission after that date. Further, forward-looking statements speak only as of the date they are made, and AFIN undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results over time, unless required by law.<\/p>\n<p>\n        <b>Contacts:<br \/><\/b>Investor Relations\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <br \/><a target=\"_blank\" href=\"mailto:investorrelations@americanfinancetrust.com\" rel=\"nofollow noopener noreferrer\">investorrelations@americanfinancetrust.com<\/a>\u00a0<br \/>(866) 902-0063<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=NY29396&amp;sd=2020-12-21\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/american-finance-trust-announces-series-a-preferred-stock-dividend-301196209.html\">http:\/\/www.prnewswire.com\/news-releases\/american-finance-trust-announces-series-a-preferred-stock-dividend-301196209.html<\/a><\/p>\n<p>SOURCE  American Finance Trust, Inc.<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=NY29396&amp;Transmission_Id=202012210600PR_NEWS_USPR_____NY29396&amp;DateId=20201221\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire NEW YORK, Dec. 21, 2020 \/PRNewswire\/ &#8212; American Finance Trust, Inc. (Nasdaq: AFIN\/ AFINP \/ AFINO) (&#8220;AFIN&#8221;) announced today that it intends to continue to pay dividends on a quarterly basis on its 7.50% Series A Cumulative Redeemable Perpetual Preferred Stock (the &#8220;Series A Preferred Stock&#8221;) at an annualized rate of $1.875 per share or $0.46875 per share on a quarterly basis. Dividends on the Series A Preferred Stock are payable in arrears to Series A Preferred Stock holders of record at the close of business on the applicable record date and payable on the 15th day of the first month of each fiscal quarter (or, if not a business day, the next succeeding business day). Accordingly, AFIN &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/american-finance-trust-announces-series-a-preferred-stock-dividend-4\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;American Finance Trust Announces Series A Preferred Stock Dividend&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-403375","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>American Finance Trust Announces Series A Preferred Stock Dividend - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/american-finance-trust-announces-series-a-preferred-stock-dividend-4\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"American Finance Trust Announces Series A Preferred Stock Dividend - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire NEW YORK, Dec. 21, 2020 \/PRNewswire\/ &#8212; American Finance Trust, Inc. (Nasdaq: AFIN\/ AFINP \/ AFINO) (&#8220;AFIN&#8221;) announced today that it intends to continue to pay dividends on a quarterly basis on its 7.50% Series A Cumulative Redeemable Perpetual Preferred Stock (the &#8220;Series A Preferred Stock&#8221;) at an annualized rate of $1.875 per share or $0.46875 per share on a quarterly basis. Dividends on the Series A Preferred Stock are payable in arrears to Series A Preferred Stock holders of record at the close of business on the applicable record date and payable on the 15th day of the first month of each fiscal quarter (or, if not a business day, the next succeeding business day). 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(Nasdaq: AFIN\/ AFINP \/ AFINO) (&#8220;AFIN&#8221;) announced today that it intends to continue to pay dividends on a quarterly basis on its 7.50% Series A Cumulative Redeemable Perpetual Preferred Stock (the &#8220;Series A Preferred Stock&#8221;) at an annualized rate of $1.875 per share or $0.46875 per share on a quarterly basis. Dividends on the Series A Preferred Stock are payable in arrears to Series A Preferred Stock holders of record at the close of business on the applicable record date and payable on the 15th day of the first month of each fiscal quarter (or, if not a business day, the next succeeding business day). Accordingly, AFIN &hellip; Continue reading \"American Finance Trust Announces Series A Preferred Stock Dividend\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/american-finance-trust-announces-series-a-preferred-stock-dividend-4\/","og_site_name":"Market Newsdesk","article_published_time":"2020-12-21T11:03:37+00:00","og_image":[{"url":"https:\/\/mma.prnewswire.com\/media\/404813\/American_Finance_Trust_Logo.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/american-finance-trust-announces-series-a-preferred-stock-dividend-4\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/american-finance-trust-announces-series-a-preferred-stock-dividend-4\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"American Finance Trust Announces Series A Preferred Stock Dividend","datePublished":"2020-12-21T11:03:37+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/american-finance-trust-announces-series-a-preferred-stock-dividend-4\/"},"wordCount":495,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/american-finance-trust-announces-series-a-preferred-stock-dividend-4\/#primaryimage"},"thumbnailUrl":"https:\/\/mma.prnewswire.com\/media\/404813\/American_Finance_Trust_Logo.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/american-finance-trust-announces-series-a-preferred-stock-dividend-4\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/american-finance-trust-announces-series-a-preferred-stock-dividend-4\/","name":"American Finance Trust Announces Series A Preferred Stock Dividend - 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