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Four Corners Property Trust Inc. (FCPT) logo

Four Corners Property Trust Inc.

S&P 500

FCPT/Real Estate · REIT - Retail/NYSE

Dividend Yield

5.92%

$1.44 · Annual Dividend

Stock Price$25.02P/E22.1MCap2.7BLast update: Jun 26, 2026 at 06:56

Dividend Safety Rating

62/ 100Safe

FCPT's dividend appears safe and well-supported. Strengths include a 98.0 debt-to-equity & 62.6% operating margin. Areas of concern: 75.2% cfo payout ratio & 0.6x current ratio. As a REIT, its payout is measured against FFO (funds from operations) rather than net income, since large non-cash depreciation makes the earnings payout ratio misleading.

Based on 14 of 15 metrics

Strengths

  • Debt-to-Equity: 98.0Conservative debt level relative to equity.
  • Operating Margin: 62.6%Healthy operating margin provides a wide buffer.
  • Gross Margin: 85.6%High gross margin signals strong pricing power.

Risks

  • Current Ratio: 0.6xLimited short-term liquidity to meet obligations.
  • 5-Year Dividend CAGR: -1.4%Dividend growth has been weak or negative.
  • CFO Payout Ratio: 75.2%Operating cash flow leaves little room for the payout.

Payout & Coverage

Caution
86.0%Caution
78.9%Caution
75.2%Warning

Balance Sheet

Caution

Profitability

Safe
7.5%Warning
62.6%Very Safe
85.6%Very Safe
Very StableVery Safe

Dividend Track Record

Safe
10+ yrsVery Safe
NoneVery Safe
GrowingVery Safe

About Four Corners Property Trust Inc.

Four Corners Property Trust Inc. is a real estate investment trust (REIT) specializing in the acquisition and leasing of restaurant properties. Its primary function is to invest in high-quality establishments with long-term, net-leased agreements, ensuring steady income streams and portfolio growth. The trust focuses on properties across various dining sectors, including fast-casual, full-service, and quick-service restaurants, providing diverse investment exposure within the food and beverage industry. Notably, Four Corners Property Trust Inc. enhances its market presence by targeting properties occupied by well-established national brands and chains, thus reducing tenant risk and ensuring reliability in revenue. Occupying an essential niche in the commercial real estate market, the company plays a significant role in facilitating restaurant operations and growth through strategic property management and financing. Its commitment to acquiring prime real estate assets contributes to robust portfolio performance, reinforcing its relevance in the REIT sector.

Dividend Overview

Dividend Yield

5.92%

Annual Dividend

$1.44

Frequency

Quarterly

Payout Ratio

130.00%

FCF Payout Ratio

78.87%

52-Week Range

$22.78 - $27.48

Dividend History (2016–2025)

FCPT annual dividend per share and yield history

Earnings & Profitability

FCPT earnings per share and net profit margin

Key Dates

Next Ex-Dividend Date

June 30, 2026

Next Payment Date

October 15, 2026

Dividend Growth

3-Year Dividend CAGR

2.30%

5-Year Dividend CAGR

-1.41%

10-Year Dividend CAGR

N/A

3-Year Total Growth

7.07%

5-Year Total Growth

-6.86%

10-Year Total Growth

N/A

Income Calculator

FCPT Dividend Calculator

Total Investment

$2,502.00

Annual Income

$144.40

Quarterly Income

$36.10

Monthly Income

$12.03

Frequently Asked Questions

What is FCPT's current dividend yield?
Four Corners Property Trust Inc. (FCPT) currently has a dividend yield of 5.92%, based on a stock price of $25.02 and an annual dividend of $1.44.
When is FCPT's next dividend payment date?
FCPT's next ex-dividend date is 2026-06-30 and the next payment date is 2026-10-15. You must own the stock before the ex-dividend date to receive the upcoming payment.
How much does FCPT pay in dividends per year?
Four Corners Property Trust Inc. paid $1.43 per share in annual dividends in 2025. The dividends are paid quarterly.
Has FCPT been increasing its dividend?
Four Corners Property Trust Inc. has grown its dividend at a 5-year CAGR of -1.41%.
Is FCPT's dividend safe?
Four Corners Property Trust Inc. has a payout ratio of 130.00%. Its free cash flow payout ratio is 78.87%. The payout ratio is above 100%, which may indicate the company is paying more in dividends than it earns. This could be unsustainable long-term.
How is FCPT's Dividend Safety Rating calculated?
The Dividend Safety Rating evaluates Four Corners Property Trust Inc.'s dividend sustainability across four categories: Payout & Coverage (30%), Balance Sheet (20%), Profitability (20%), and Dividend Track Record (30%). Each metric is rated from "Very Safe" to "Danger" based on industry-standard thresholds, with sector-specific adjustments for real estate companies. The overall score ranges from 0 to 100.

Want to understand how we rate dividend safety? Read our full methodology

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This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.

Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.

Market data provided by Twelve Data.