Core Viewpoint - Gaming and Leisure Properties, Inc. announced an aggregate distribution of $3.10 per share for the year 2025, with specific income tax allocations provided for federal tax purposes [1]. Distribution Details - The total distribution per share for 2025 is $3.10, broken down as follows: - March 14, 2025: $0.76 per share - June 13, 2025: $0.78 per share - September 12, 2025: $0.78 per share - December 5, 2025: $0.78 per share - The total qualified ordinary dividends amount to $3.001003 per share, with additional capital gains and nondividend distributions detailed [3]. Tax Information - The tax return for the year ended December 31, 2025, has not yet been filed, and the income tax allocation is based on the best available information as of the press release date [2]. - Shareholders are advised to consult their tax advisors regarding the specific federal, state, and local income tax treatment of the distributions [4]. Company Overview - Gaming and Leisure Properties is engaged in acquiring, financing, and owning real estate properties leased to gaming operators under triple-net lease arrangements, where tenants are responsible for all maintenance, insurance, taxes, and utilities related to the properties [5].

Core Insights - Four Corners Property Trust (FCPT) has made significant acquisitions, including a Tires Plus property for $1.7 million and an automotive service property for $5.8 million, both under triple-net leases [1][2][7] - The acquisitions are strategically located in high-traffic areas in Georgia and Texas, with cap rates of 7.4% and 6.8% respectively, which are expected to enhance FCPT's long-term cash flows [1][2][7] - These moves reflect FCPT's ongoing efforts to expand and diversify its portfolio, aiming to support future revenue growth [3][7] Company Overview - FCPT is a real estate investment trust (REIT) focused on acquiring high-quality, net-leased restaurant and retail properties, with a history of successful acquisitions [4] - Recent acquisitions include a Christian Brothers Automotive property for $4.3 million and another automotive service property for $5.3 million, indicating a consistent strategy of growth [4] Strategic Positioning - The recent purchases align with FCPT's strategy to build a resilient portfolio capable of withstanding various economic cycles [5] - However, the company may face challenges due to elevated interest rates, which could increase borrowing costs [5] - Over the past three months, FCPT's shares have decreased by 1.7%, compared to a 0.6% decline in the industry [5]