Gaming and leisure properties, inc. declares fourth quarter 2020 dividend of $0.60 per share

Wyomissing, pa., nov. 06, 2020 (globe newswire) -- gaming and leisure properties, inc. (nasdaq: glpi) (the “company”), announced that yesterday, the company's board of directors declared the fourth quarter 2020 dividend of $0.60 per share of its common stock, consisting of a combination of cash and shares of the company's common stock. the dividend is payable on december 24, 2020 to shareholders of record on november 16, 2020. the cash component of the dividend (other than cash paid in lieu of fractional shares) will not exceed 20% in the aggregate, or $0.12 per share, with the balance, or $0.48 per share, payable in shares of the company's common stock. as previously announced, the quarterly dividend level reflects the continued impact of covid-19 on the company's business and the expectation that its major tenants will continue to fulfill payment of their financial obligations to the company.
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