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 declared a quarterly cash dividend on November 8, 2019 of $0.625 per common share, representing an annualized rate of $2.50 per common share. Stockholders of record as of Tuesday, December 31, 2019 will receive the cash dividend on Wednesday, January 15, 2020.

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, December 13, 2019 will receive the cash dividend on Tuesday, December 31, 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 REIT that primarily invests in single-tenant, operationally essential real estate assets, subject to long-term net leases.

As of September 30, 2019, our diversified portfolio was comprised of 1,623 owned properties and 43 properties securing mortgage loans. Our owned properties, with an aggregate gross leasable area of approximately 30.3 million square feet, are leased to 260 tenants across 48 states and 31 industries.

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