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Spirit MTA REIT (SMTA.N)

SMTA.N on New York Stock Exchange

0.70USD
13 Dec 2019
Change (% chg)

$0.02 (+2.63%)
Prev Close
$0.68
Open
$0.67
Day's High
$0.70
Day's Low
$0.67
Volume
29,994
Avg. Vol
183,258
52-wk High
$9.07
52-wk Low
$0.65

Latest Key Developments (Source: Significant Developments)

Spirit MTA Says Jackson Hsieh Has Stepped Down From Board Of Trustees
Tuesday, 1 Oct 2019 

Sept 30 (Reuters) - Spirit MTA REIT ::SPIRIT MTA REIT SAYS JACKSON HSIEH STEPPED DOWN FROM BOARD OF TRUSTEES OF CO AND HIS POSITION AS CHAIRMAN OF BOARD OF TRUSTEES OF CO - SEC FILING.  Full Article

Spirit Realty Capital Inc Comments On Recent Announcement By Spirit MTA REIT
Monday, 3 Jun 2019 

June 3 (Reuters) - Spirit Realty Capital Inc ::SPIRIT REALTY CAPITAL, INC. COMMENTS ON RECENT ANNOUNCEMENT BY SPIRIT MTA REIT.SPIRIT REALTY CAPITAL-IN CONJUNCTION WITH COMPLETION OF PROPOSED DEAL SPIRIT HAS AGREED TO TERMINATE EXISTING ASSET MANAGEMENT AGREEMENT WITH SMTA.SPIRIT REALTY CAPITAL-ASSUMING A CLOSE OF DEAL AT END OF Q3 OF 2019, SPIRIT EXPECTS TO RECEIVE TERMINATION FEE OF APPROXIMATELY $48 MILLION.  Full Article

Hospitality Properties Trust To Acquire Net Lease Portfolio For $2.4 Billion
Monday, 3 Jun 2019 

June 3 (Reuters) - Hospitality Properties Trust ::HOSPITALITY PROPERTIES TRUST TO ACQUIRE NET LEASE PORTFOLIO FOR $2.4 BILLION.HOSPITALITY PROPERTIES TRUST - DEAL EXPECTED TO BE ACCRETIVE TO ANNUALIZED NORMALIZED FFO PER SHARE IN 2020.HOSPITALITY PROPERTIES TRUST - ACQUISITION EXCLUDES SMTA'S ASSETS LEASED TO CERTAIN BANKRUPT TENANTS.HOSPITALITY PROPERTIES TRUST - HPT DOES NOT PLAN TO ISSUE COMMON SHARES IN CONNECTION WITH THIS TRANSACTION..HOSPITALITY PROPERTIES TRUST - HPT EXPECTS ACQUISITION WILL RESULT IN STRONGER PROPERTY LEVEL RENT COVERAGE FOR ITS CONSOLIDATED PORTFOLIO.HOSPITALITY PROPERTIES TRUST - HPT SECURED COMMITMENTS FROM LENDERS FOR AN UP TO $2.0 BILLION UNSECURED TERM LOAN FACILITY.HOSPITALITY PROPERTIES TRUST - IN ADDITION TO PURCHASE PRICE, CO AGREED TO PAY PREPAYMENT PENALTIES TO EXTINGUISH EXISTING MORTGAGE DEBT ON PORTFOLIO.HOSPITALITY PROPERTIES TRUST-INTENDS TO SELL ABOUT $500 MILLION OF ACQUIRED ASSETS AND ABOUT $300 MILLION OF HOTEL AND OTHER ASSETS FOLLOWING DEAL CLOSE.  Full Article

Spirit MTA REIT Announces Special Dividend For Common Stock
Thursday, 7 Mar 2019 

March 6 (Reuters) - Spirit MTA REIT ::SPIRIT MTA REIT ANNOUNCES SPECIAL DIVIDEND FOR COMMON STOCK.SPIRIT MTA REIT - DECLARED A SPECIAL CASH DIVIDEND OF $0.33 PER COMMON SHARE..  Full Article

Spirit MTA REIT Says Does Not Expect To Get Additional Shopko Rent
Wednesday, 16 Jan 2019 

Jan 16 (Reuters) - Spirit MTA REIT ::SPIRIT MTA REIT - SMTA DOES NOT EXPECT TO GET ADDITIONAL SHOPKO RENT AND WILL SEEK RECOVERY OF THE $34.4 MILLION ABL NOTE OUTSTANDING - SEC FILING.SPIRIT MTA REIT - SMTA HAS OPTION UNDER NON-RECOURSE LOAN AGREEMENT TO RELINQUISH THE SHOPKO ASSETS TO LENDER IN EXCHANGE FOR DEBT EXTINGUISHMENT.SPIRIT MTA REIT - CO'S STRATEGY AT SPINOFF INCLUDES 36 MONTH PERIOD TO SELL SHOPKO AND NON-CORE ASSETS.  Full Article

Spirit MTA REIT Accelerates Strategic Plan
Wednesday, 16 Jan 2019 

Jan 16 (Reuters) - Spirit MTA REIT ::SPIRIT MTA REIT ACCELERATES STRATEGIC PLAN.SPIRIT MTA REIT - BOARD OF TRUSTEES TO EXPLORE STRATEGIC ALTERNATIVES.SPIRIT MTA REIT - STRATEGIC ALTERNATIVES TO BE CONSIDERED MAY INCLUDE A SALE OF COMPANY OR MASTER TRUST 2014, A MERGER OR OTHER POTENTIAL ALTERNATIVES.SPIRIT MTA REIT - BOARD OF TRUSTEES ALSO INTENDS TO CONTINUE PAYING DIVIDENDS EQUAL TO 100% OF CAD.SPIRIT MTA REIT - SMTA HOLDS A SECURED LOAN PREVIOUSLY MADE TO SHOPKO STORES IN AMOUNT OF APPROXIMATELY $34.4 MILLION.SPIRIT MTA REIT - SECURED LOAN HAS BEEN ACCELERATED DUE TO CHAPTER 11 FILING BY SHOPKO STORES..  Full Article

Spirit MTA REIT Announces Special Dividend And $50 Mln Stock Buyback
Thursday, 6 Dec 2018 

Dec 5 (Reuters) - Spirit MTA REIT ::SPIRIT MTA REIT ANNOUNCES QUARTERLY CASH DIVIDEND AND SPECIAL DIVIDEND FOR COMMON STOCK AND AUTHORIZATION OF $50 MILLION STOCK REPURCHASE PROGRAM.SPIRIT MTA REIT - BOARD DECLARED A SPECIAL CASH DIVIDEND OF $1.00 PER COMMON SHARE.  Full Article

Spirit MTA REIT Qtrly Net Loss Of $0.18 Per Share
Friday, 9 Nov 2018 

Nov 9 (Reuters) - Spirit MTA REIT ::ANNOUNCES THIRD QUARTER 2018 FINANCIAL AND OPERATING RESULTS.Q3 ADJUSTED FFO PER SHARE $0.52.QTRLY NET LOSS OF $0.18 PER SHARE.QTRLY FFO OF $0.43 PER SHARE.  Full Article

Spirit MTA REIT Q3 FFO Per Share $0.43
Friday, 9 Nov 2018 

Nov 9 (Reuters) - Spirit MTA REIT ::Q3 FFO PER SHARE $0.43.Q3 ADJUSTED FFO PER SHARE $0.52.QTRLY TOTAL REVENUES $62.4 MILLION VERSUS $59.2 MILLION.  Full Article

Spirit MTA REIT Q2 Adjusted FFO Per Share $0.60
Thursday, 9 Aug 2018 

Aug 9 (Reuters) - Spirit MTA REIT ::ANNOUNCES SECOND QUARTER 2018 FINANCIAL AND OPERATING RESULTS.Q2 ADJUSTED FFO PER SHARE $0.60.Q2 FFO PER SHARE $0.40.  Full Article

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