WYOMISSING, Pa., Feb. 23, 2021 (Globe NEWSWIRE) — Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) (the “Corporation”) announced today that at its conference yesterday, the Firm’s Board of Administrators declared the to start with quarter 2021 income dividend of $.65 per share of its prevalent stock (this dividend payment reflects the effect of the typical inventory issuance of 9.2 million shares for the duration of the fourth quarter 2020 and 8. million shares linked to inventory dividend payments during 2020). The dividend is payable on March 23, 2021 to shareholders of document on March 9, 2021.
Though the Enterprise intends to pay back normal quarterly hard 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 Attributes
GLPI is engaged in the enterprise of acquiring, financing, and owning actual estate home to be leased to gaming operators in triple-net lease arrangements, pursuant to which the tenant is liable for all facility servicing, insurance policies expected in link with the leased properties and the business enterprise carried out on the leased properties, taxes levied on or with respect to the leased attributes and all utilities and other products and services necessary or ideal for the leased properties and the business conducted on the leased properties.
Forward-On the lookout Statements
This press launch features “ahead-on the lookout statements” in the indicating of Portion 27A of the Securities Act of 1933, as amended, and Area 21E of the Securities Exchange Act of 1934, as amended, which include our expectations pertaining to upcoming dividend payments. Forward-seeking statements can be identified by the use of ahead-hunting terminology such as “expects,” “thinks,” “estimates,” “intends,” “may well,” “will,” “really should” or “anticipates” or the unfavorable or other variation of these or similar words, or by conversations of upcoming functions, approaches or risks and uncertainties. This sort of ahead wanting statements are inherently subject to threats, uncertainties and assumptions about GLPI and its subsidiaries, which include hazards linked to the adhering to: the result of pandemics such as COVID-19 on GLPI as a end result of the effect of this kind of pandemics on the business enterprise operations of GLPI’s tenants and their continued potential to pay out hire in a timely manner or at all GLPI’s capability to efficiently consummate the declared transactions with Bally’s and Penn, which includes the ability of the get-togethers to fulfill the many situations to closing, such as receipt of all required regulatory approvals, or other delays or impediments to finishing the proposed transactions the availability of and the capacity to establish acceptable and beautiful acquisition and enhancement alternatives and the skill to acquire and lease those qualities on favorable conditions the means to receive, or delays in acquiring, the regulatory approvals demanded to very own and/or operate its homes, or other delays or impediments to completing acquisitions or tasks GLPI’s potential to maintain its standing as a REIT our ability to access capital by way of financial debt and fairness markets in amounts and at prices and prices suitable to GLPI the effect of our substantial indebtedness on our future functions alterations in the U.S. tax legislation and other state, federal or community legislation, whether or not distinct to REITs or to the gaming or lodging industries and other things explained in GLPI’s Once-a-year Report on Kind 10-K for the 12 months finished December 31, 2020, Quarterly Reports on Type 10-Q and Present Stories on Kind 8-K, each and every as filed with the Securities and Exchange Fee. All subsequent published and oral forward-on the lookout statements attributable to GLPI or persons acting on GLPI’s behalf are expressly qualified in their entirety by the cautionary statements included in this push launch. GLPI undertakes no obligation to publicly update or revise any ahead-hunting statements contained or integrated by reference herein, whether as a result of new details, potential activities or usually, apart from as demanded by regulation. In mild of these pitfalls, uncertainties and assumptions, the forward-wanting occasions talked over in this push launch may well not manifest as presented or at all.
|Get hold of:|
|Gaming and Leisure Attributes, Inc.||Investor Relations|
|Matthew Demchyk, Chief Investment Officer||Joseph Jaffoni, Richard Land, James Leahy at JCIR|
|[email protected]||[email protected]|