Gaming and Leisure Properties, Inc. Declares Fourth Quarter 2024 Cash Dividend of $0.76 per Share
25 Novembro 2024 - 6:15PM
Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) (the “Company”),
announced today that the Company’s Board of Directors has declared
the fourth quarter 2024 cash dividend of $0.76 per share of its
common stock. The dividend is payable on December 20, 2024 to
shareholders of record on December 6, 2024. The fourth quarter 2023
cash dividend was $0.73 per share of the Company’s common stock.
While the Company intends to pay regular
quarterly cash dividends for the foreseeable future, all subsequent
dividends will be reviewed quarterly and declared by the Board of
Directors at its discretion.
About Gaming
and Leisure
PropertiesGLPI is engaged in the business of
acquiring, financing, and owning real estate property to be leased
to gaming operators in triple-net lease arrangements, pursuant to
which the tenant is responsible for all facility maintenance,
insurance required in connection with the leased properties and the
business conducted on the leased properties, taxes levied on or
with respect to the leased properties and all utilities and other
services necessary or appropriate for the leased properties and the
business conducted on the leased properties.
Forward-Looking
StatementsThis press release includes
“forward-looking statements” within the meaning of Section 27A of
the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended, including our
expectations regarding the payment of future cash dividends.
Forward-looking statements can be identified by the use of
forward-looking terminology such as “expects,” “believes,”
“estimates,” “intends,” “may,” “will,” “should” or “anticipates” or
the negative or other variation of these or similar words, or by
discussions of future events, strategies or risks and
uncertainties. Such forward-looking statements are inherently
subject to risks, uncertainties and assumptions about GLPI and its
subsidiaries, including risks related to the following: the
potential negative impact of inflation on our tenants' operations;
the availability of and the ability to identify suitable and
attractive acquisition and development opportunities and the
ability to acquire and lease those properties on favorable terms;
the ability to receive, or delays in obtaining, the regulatory
approvals required to own and/or operate its properties, or other
delays or impediments to completing acquisitions or projects; the
effect of pandemics, such as COVID-19, on GLPI as a result of the
impact such pandemics may have on the business operations of GLPI’s
tenants and their continued ability to pay rent in a timely manner
or at all; GLPI's ability to maintain its status as a REIT; our
ability to access capital through debt and equity markets in
amounts and at rates and costs acceptable to GLPI; the impact of
our substantial indebtedness on our future operations; changes in
the U.S. tax law and other state, federal or local laws, whether or
not specific to REITs or to the gaming or lodging industries; and
other factors described in GLPI’s Annual Report on Form 10-K for
the year ended December 31, 2023, Quarterly Reports on Form 10-Q
and current Reports on Form 8-K, each as filed with the Securities
and Exchange Commission. All subsequent written and oral
forward-looking statements attributable to GLPI or persons acting
on GLPI’s behalf are expressly qualified in their entirety by the
cautionary statements included in this press release. GLPI
undertakes no obligation to publicly update or revise any
forward-looking statements contained or incorporated by reference
herein, whether as a result of new information, future events or
otherwise, except as required by law. In light of these risks,
uncertainties and assumptions, the forward-looking events discussed
in this press release may not occur as presented or at all.
Contact |
Gaming and
Leisure Properties,
Inc.Matthew Demchyk, Chief Investment
Officer610/401-2900investorinquiries@glpropinc.com |
Investor RelationsJoseph Jaffoni,
Richard Land, James Leahy at JCIR212/835-8500glpi@jcir.com |
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