NEW YORK, Jan. 3, 2022 /PRNewswire/ -- American
Finance Trust, Inc. (Nasdaq: AFIN/ AFINP / AFINO) ("AFIN")
announced today that it intends to continue to pay dividends on its
shares of Class A common stock at an annualized rate of
$0.85 per share or $0.2125 per share on a quarterly basis. AFIN
anticipates paying dividends authorized by its board of directors
on its shares of Class A common stock on a quarterly basis in
arrears on the 15th day of the first month following the end of
each fiscal quarter (unless otherwise specified) to Class A common
stock holders of record on the record date for such payment.
Accordingly, AFIN declared a dividend of $0.2125 per share of Class A common stock payable
on January 18, 2022 to Class A common
stock holders of record at the close of business on January 13, 2022.
About American Finance Trust, Inc.
American Finance Trust, Inc. (Nasdaq: AFIN) is a publicly traded
real estate investment trust listed on the Nasdaq focused on
acquiring and managing a diversified portfolio of primarily
service-oriented and traditional retail and distribution related
commercial real estate properties in the U.S. Additional
information about AFIN can be found on its website at
The statements in this press release that are not historical
facts may be forward-looking statements. These forward-looking
statements involve risks and uncertainties that could cause the
outcome to be materially different. In addition, words such as
"anticipates," "believes," "expects," "estimates," "projects,"
"plans," "intends," "may," "would" and similar expressions are
intended to identify forward-looking statements, although not all
forward-looking statements contain these identifying words. These
forward-looking statements are subject to risks, uncertainties and
other factors, many of which are outside of AFIN's control, which
could cause actual results to differ materially from the results
contemplated by the forward-looking statements. These risks and
uncertainties include the potential adverse effects of the ongoing
global COVID-19 pandemic, including actions taken to contain or
treat COVID-19, on AFIN, AFIN's tenants and the global economy and
financial markets and that the information about rent collections
may not be indicative of any future period, as well as those set
forth in the Risk Factors section of AFIN's most recent Annual
Report on Form 10-K for the year ended December 31, 2020 filed on February 25, 2021, and all other filings with the
SEC after that date, as such risks, uncertainties and other
important factors may be updated from time to time in AFIN's
subsequent reports. Further, forward-looking statements speak only
as of the date they are made, and AFIN undertakes no obligation to
update or revise any forward-looking statement to reflect changed
assumptions, the occurrence of unanticipated events or changes to
future operating results over time, unless required by law.
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SOURCE American Finance Trust, Inc.