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Tuesday, January 04, 2022 12:42:12 PM
NEW YORK--(BUSINESS WIRE)--New York City REIT, Inc. (NYSE: NYC) (“NYC”) announced today that it intends to continue to pay dividends on its shares of Class A common stock at an annualized rate of $0.40 per share or $0.10 per share on a quarterly basis. NYC anticipates paying dividends authorized by its board of directors on its shares of common stock on a quarterly basis in arrears on the 15th day of the first month following the end of each fiscal quarter (unless otherwise specified) to common stock holders of record on the record date for such payment.
Accordingly, NYC declared a dividend of $0.10 per share on each share of NYC’s Class A common stock payable on January 18, 2022 to common stock holders of record at the close of business on January 13, 2022.
About New York City REIT, Inc.
New York City REIT, Inc. is a publicly traded REIT that owns a portfolio of high-quality commercial real estate located within the five boroughs of New York City. Additional information about NYC can be found on its website at www.newyorkcityreit.com.
https://www.businesswire.com/news/home/20220103005004/en/
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