Getty Realty (GTY)
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Getty Realty Corp. Announces Management Transition
Globenewswire· 2026-01-20 21:05
Core Viewpoint - Getty Realty Corp. announces the retirement of Mark J. Olear and the promotion of Robert J. Ryan to Chief Investment Officer, indicating a leadership transition within the company as it continues to focus on its net lease REIT strategy in convenience and automotive retail real estate [2][3]. Group 1: Leadership Changes - Mark J. Olear will retire effective February 27, 2026, after a successful career in real estate spanning over 40 years, during which he transformed Getty's portfolio [2][3]. - Robert J. Ryan, previously Senior Vice President of Acquisitions, has been promoted to Chief Investment Officer, reflecting his significant contributions to Getty's real estate investment activities since joining in March 2016 [2][3][4]. Group 2: Company Overview - Getty Realty Corp. is a publicly traded net lease REIT specializing in the acquisition, financing, and development of convenience, automotive, and other single-tenant retail real estate [5]. - As of December 31, 2025, the company's portfolio included 1,174 freestanding properties located in 44 states across the United States and Washington, D.C. [5].
Getty Realty Corp. Announces 2025 Dividend Tax Treatment
Globenewswire· 2026-01-15 21:05
NEW YORK, Jan. 15, 2026 (GLOBE NEWSWIRE) -- Getty Realty Corp. (NYSE: GTY) (“Getty” or the “Company”), a net lease REIT focused on convenience and automotive retail real estate, announced today the allocations of the Company’s 2025 dividend distributions on its common stock (CUSIP #374297109). The allocations as they will be reported on Form 1099-DIV are as follows: OrdinaryIncome CapitalGains RecordDate<td style="vertical-align: middle; text-align: left; padding-left: 10.0px; border-right: solid blac ...
4 Top Dividend Stocks Yielding More Than 4% to Buy Hand Over Fist This Year
Yahoo Finance· 2026-01-14 19:22
Core Insights - The article emphasizes the importance of multiple criteria when selecting dividend stocks, including dividend growth and history, as well as potential catalysts for price appreciation [1]. Group 1: Dividend Stocks Identified - Four stocks with great potential for investors in 2026 are Chevron (NYSE: CVX), Sonoco Products (NYSE: SON), Getty Realty (NYSE: GTY), and Target (NYSE: TGT) [2]. Group 2: Chevron - Chevron has a forward dividend yield of 4.22% and has increased its dividend for 38 consecutive years, nearing the status of a Dividend King [4]. - Despite the ongoing oil price slump, Chevron's dividend growth is expected to continue, supported by potential catalysts such as an acquisition of Lukoil's international business [5]. Group 3: Sonoco Products - Sonoco Products has raised its dividend for 43 consecutive years, with a current forward dividend yield of 4.46%. Although the dividend increased by only 1.9% last year, strong price appreciation is anticipated this year [6]. - Sonoco's shares trade for less than 8 times its forward earnings, compared to peers like Amcor, which trade at forward P/E ratios of 10-12, indicating potential for valuation improvement [7]. Group 4: Getty Realty - Getty Realty is a specialty REIT with a forward yield of 6.7%, recognized for its high dividend yield and consistent dividend growth for over a decade [10]. Group 5: Target - Target remains a strong turnaround play for dividend-focused investors, even after recent price surges [9].
1 More REIT To Sell And 1 REIT To Buy
Seeking Alpha· 2026-01-12 13:50
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Getty Realty Corp. Provides 2025 Business Update
Globenewswire· 2026-01-08 13:00
Investment Activity - In 2025, the company invested approximately $269 million at a 7.9% initial cash yield, acquiring 26 drive-thru quick service restaurants, 25 convenience stores, 12 express tunnel car washes, and 10 auto service centers [3] - For the quarter ended December 31, 2025, the company invested about $135 million at a 7.9% initial cash yield, including 15 convenience stores, six auto service centers, and two express tunnel car washes [3] - As of December 31, 2025, the company had a committed investment pipeline of over $75 million for the development and acquisition of 28 convenience and automotive retail assets, expected to be funded over the next 3-12 months [4] Capital Markets Activity - In November 2025, the company closed a private placement of $250 million of senior unsecured notes at a fixed rate of 5.76%, maturing on January 22, 2036, with proceeds to repay amounts under its $450 million unsecured revolving credit facility [5] - During the quarter ended December 31, 2025, the company settled approximately 2.1 million shares of common stock for net proceeds of about $59 million and entered into new forward sale agreements for approximately 0.4 million shares, anticipated to raise about $13 million [6] 2026 Earnings Guidance - The company established its initial 2026 AFFO guidance at a range of $2.48 to $2.50 per diluted share, based on completed transaction activity and the notes issuance, but excluding prospective acquisitions and capital markets activities [8]
Passive Income Gold Mine: Own This Many Getty Realty Shares for $20,000 Yearly
Yahoo Finance· 2026-01-06 14:50
Key Points Getty Realty specializes in owning and leasing gas stations, convenience stores, and other automotive-related real estate. The REIT has a forward dividend yield of 6.92%. Getty Realty executed 12 consecutive annual dividend increases and has an average annual dividend growth rate of approximately 4% over the past five years. 10 stocks we like better than Getty Realty › For investors seeking steady income from their portfolios, high-quality, high-yield dividend stocks can be just the t ...
Getty Realty: Way Too Cheap With 7% Yield (NYSE:GTY)
Seeking Alpha· 2026-01-02 20:36
Group 1 - The article emphasizes the current favorable environment for high-yielding stocks, highlighting the abundance of investment opportunities available [2] - iREIT+HOYA Capital focuses on income-producing asset classes, aiming to provide sustainable portfolio income, diversification, and inflation hedging [1][2] - The investment group offers research on various asset classes including REITs, ETFs, closed-end funds, preferred stocks, and dividend champions, targeting dividend yields up to 10% [2] Group 2 - The article mentions that the investment group helps investors achieve dependable monthly income and portfolio diversification [2] - It is noted that the author has a beneficial long position in the shares of GTY, indicating a personal investment interest [3] - The content is presented for informational purposes, and readers are encouraged to conduct their own due diligence before making investment decisions [4]
Getty Realty: Way Too Cheap With 7% Yield
Seeking Alpha· 2026-01-02 20:36
Group 1 - The article emphasizes the current favorable environment for high-yielding stocks, highlighting the abundance of investment opportunities available [2] - iREIT+HOYA Capital focuses on income-producing asset classes, aiming to provide sustainable portfolio income, diversification, and inflation hedging [1][2] - The investment group targets dividend yields up to 10% and offers research on various asset classes including REITs, ETFs, closed-end funds, and preferred stocks [2] Group 2 - The article mentions that the investment group helps investors achieve dependable monthly income and portfolio diversification [2] - It is noted that the investment approach is defensive in nature, with a medium- to long-term investment horizon [2]
Getty Realty Corp. To Report Fourth Quarter 2025 Financial Results
Globenewswire· 2025-12-23 13:00
NEW YORK, Dec. 23, 2025 (GLOBE NEWSWIRE) -- Getty Realty Corp. (NYSE: GTY), a net lease REIT focused on convenience and automotive retail real estate, will release its financial results for the fourth quarter ended December 31, 2025 after the market closes on Wednesday, February 11, 2026. Getty Realty Corp. will host a conference call and webcast on Thursday, February 12, 2026, at 8:30 a.m. ET. To participate in the call, please dial 1-877-423-9813, or 1-201-689-8573 for international participants, ten minu ...
Getty Realty Corp. Announces 2025 Getty Gives Activity
Globenewswire· 2025-12-22 13:00
Core Insights - Getty Realty Corp. announced the results of its 2025 Getty Gives campaign, emphasizing its commitment to responsible corporate citizenship [1] Group 1: Getty Gives Campaign - Getty Gives is a formal program that supports meaningful causes for employees and their communities, including corporate donations, matching employee contributions, and additional paid time off for volunteering [2] - In 2025, Getty Realty participated in an event with Rethink Food, transforming surplus food into meals for underserved communities, delivering over 40,000 meals per week at no cost [3] - The company made corporate donations of $10,000 to various organizations and matched nearly $6,500 in employee contributions to over 20 charitable organizations [4] Group 2: Company Overview - Getty Realty Corp. is a publicly traded net lease REIT focused on convenience, automotive, and single-tenant retail real estate, with a portfolio of 1,160 properties across 44 states and Washington, D.C. as of September 30, 2025 [5]