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

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