STORE Capital Corporation (NYSE:STOR) is a real estate investment trust that invests and manages STORE ("Single Tenant Operational Real Estate") properties. Its portfolio includes investments in approximately 1,330 property locations operated by over 300 customers across approximately 50 states.
If Warren Buffet invests in this company, I think I'm in good company :))
"Store Capital has investments in over 1,750 properties in 48 states, according to the company. AMC Entertainment, Applebee's and Ashley Furniture are among its 10 biggest customers, according to an investor presentation." (source: cnbc article)
This purchase will add $58 annual dividend income to my dividend stock portfolio
Basic info:
Market CAP: 4B EPS:$0.73 Dividend: $1.16 (4.89%)
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