Spirit Realty Capital, Inc. Announces Quarterly Cash Dividend for Common and Preferred Stock

Spirit Realty Capital, Inc. SRC ("Spirit" or the "Company"), a net-lease real estate investment trust (REIT) that invests in single-tenant, operationally essential real estate, today announced that its Board of Directors has declared a quarterly cash dividend of $0.625 per common share, representing an annualized rate of $2.50 per common share. Stockholders of record as of Friday, June 28, 2019 will receive the cash dividend on Monday, July 15, 2019.

The Board of Directors also declared a quarterly cash dividend of $0.3750 per share to holders of the Company's 6.00% Series A Cumulative Redeemable Preferred Stock. Preferred stockholders of record as of Friday, June 14, 2019 will receive the cash dividend on Friday, June 28, 2019.

Information pertaining to Spirit's dividends can be obtained through the investor relations section of the Company's website at www.spiritrealty.com. For account inquiries relating to Spirit's quarterly dividends, please contact Spirit's transfer agent, American Stock Transfer & Trust Company, LLC at (866) 703-9065.

ABOUT SPIRIT REALTY

Spirit Realty Capital, Inc. SRC is a net-lease real estate investment trust ("REIT") that primarily invests in single-tenant, operationally essential real estate assets, subject to long-term, net leases.

As of March 31, 2019, Spirit's diversified portfolio was comprised of 1,528 properties, including properties securing mortgage loans made by Spirit. Spirit's properties, with an aggregate gross leasable area of approximately 28.6 million square feet, are leased to approximately 256 tenants across 49 states and 32 industries

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