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Store Capital raises quarterly cash dividend by 6.9%

Store Capital Corp. STOR, -2.41% a real estate investment trust or REIT that invests in single tenant operational real estate, said Monday it is raising its quarterly cash dividend by 6.9% to 38.50 cents a share. The new dividend will be paid on Oct. 15 to shareholders of record as of close of business Sept. 30. Shares were slightly higher premarket and have gained 0.3% in the year to date, while the S&P 500 SPX, -0.77% has gained 18.7%.

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