VEREIT (VER) is having a Dividend Yield of 6.36% with the Annual cash Dividend per share of $0.55. The last quarter cash dividend per share pay out was $0.14. VEREIT has a 5 year average dividend yield of 7.14% and the stock has a Indicated annual dividend of $0.55. VEREIT (VER) has the most recent dividend payout ratio of 0.69 with a 5-year average payout ratio of 0.91. The 5 year historical dividend growth of VEREIT (VER) is at the rate of -12.87% while the R-Squared dividend growth is 0.59. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.
VEREIT Inc. (NYSE:VER) rose 1.16% or 0.1 points on Thursday and made its way into the gainers of the day. After trading began at $8.65 the stock was seen hitting $8.81 as a peak level and $8.63 as the lowest level. The stock ended up at $8.75. The daily volume was measured at 9,276,095 shares. The 52-week high of the share price is $11.09 and the 52-week low is $7.35. The company has a market cap of $8,524 million. Shares of VEREIT, Inc. rose by 1.04% in the last five trading days and 0.34% for the last 4 weeks. VEREIT, Inc. is up 6.29% in the last 3-month period. Year-to-Date the stock performance stands at 3.43%.
Currently the company Insiders own 0.09% of VEREIT Inc. shares according to the proxy statements. Institutional Investors own 82.54% of VEREIT Inc. shares. Company has reported several Insider transactions to the SEC, on Jun 9, 2016, Thomas W Roberts (officer ) sold 100,000 shares at 9.82 per share price.On Feb 11, 2016, William G Stanley (director) sold 54,967 shares at 16.17 per share price.On Dec 16, 2015, Paul H Mcdowell (officer ) purchased 6,000 shares at 7.93 per share price.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Vereit Inc was Upgraded by JMP Securities to Mkt Outperform on Jan 9, 2017.
Vereit Inc Last issued its quarterly earnings results on Nov 2, 2016. The company reported $0.20 EPS for the quarter, beating the analyst consensus estimate by $ 0.02. Analyst had a consensus of $0.18. The company had revenue of $362.90 million for the quarter, compared to analysts expectations of $311.67 million. The companys revenue was down -5.7 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.21 EPS.
VEREIT, Inc. is a real estate operating company. The Company owns and manages a diversified portfolio of retail, restaurant, office and industrial real estate assets. VEREIT, Inc., formerly known as American Realty Capital Properties Inc., is based in Phoenix, United States.