The next monthly payment in freestanding commercial properties REIT American Realty Capital Properties' (NYSE:VER) annualized dividend of $0.900 per share will be paid May 15 to stockholders of record at the close of business on May 8.

The monthly installment is $0.075 per share. As the company previously announced, the annualized dividend will be increased by $0.01, from $0.90 to $0.91 per share. It is the sixth consecutive quarterly increase made to its annualized dividend and will commence with the company's June 2013 dividend.

ARCP Dividend Chart

ARCP Dividend data by YCharts.

Chart does not reflect the increased dividend announcement


Fool contributor Rich Duprey has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.