Four Corners Property Trust, Inc. announced that its Board of Directors approved the commencement of monthly cash dividends starting in the third quarter of 2026. The aggregate monthly payments made in the third quarter are expected to be equivalent to current quarterly amounts. This shift aims to align the company's cash flow profile with shareholders' income preferences.

The Board declared a final quarterly cash dividend of $0.3665 per share for the second quarter of 2026. This dividend is equivalent to $1.4660 per share per annum. It is payable on July 15, 2026, to shareholders of record as of June 30, 2026.

Following this payment, the Board declared three monthly cash dividends for the third quarter of 2026. Each monthly dividend is set at $0.1222 per share. These payments will be made to FCPT common stock shareholders of record as of the close of business on the respective record dates.

Going forward, the company's planned monthly dividend schedule will commence with the dividend payable in August 2026. The record date will fall on or around the last trading day of the month, and the payment date will be on or around the fifteenth day of each month.

CEO Bill Lenehan stated that the company's "fortress portfolio" generates highly stable monthly rent. He added that the change to monthly dividends reinforces the company's commitment to delivering consistent, reliable value to shareholders.