Item 8.01. Other Events.
Press Release Relating to June 2014 Dividends
As previously disclosed, the board of directors of American Realty Capital
Properties, Inc. (the "Company") authorized, and the Company declared, an
annualized common stock dividend of $1.00 per share per annum to be paid monthly
to holders of common stock of record at the close of business on the 8thday of
each month, payable on the 15th day of such month (or the respective business
days immediately preceding such dates). Accordingly, on June 13, 2014, the
Company will pay a distribution of $0.0833333 per share to holders of common
stock of record at the close of business on June 6, 2014.
Additionally, the Company will pay a monthly dividend to holders of its 6.70%
Series F Cumulative Redeemable Preferred Stock, par value $0.01 per share
("Series F Preferred Stock"), in respect of the period commencing May 15, 2014
through June 14, 2014, on June 16, 2014. Holders of Series F Preferred Stock on
June 1, 2014 will be eligible to receive such dividend. The dividend for the
Series F Preferred Stock accrues daily on a 360-day annual basis equal to an
annualized dividend rate of $1.675 per share, or $0.1395833 per 30-day month.
A copy of the press release, dated May 22, 2014, announcing the foregoing is
attached hereto as Exhibit 99.1 and is incorporated herein by reference.
Press Release Relating to Underwriters' Full Exercise of 18.0 Million Share
Option in Company's 120.0 Million Share Follow-on Offering of Common Stock
On May 22, 2014, the Company issued a press release announcing that the
underwriters in its 120.0 million share follow-on offering of common stock
exercised the 18.0 million share option available to them in full. A copy of
such press release announcing the foregoing is attached hereto as Exhibit 99.2
and is incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.
99.1 Press Release Relating to June 2014 Dividends, Issued May 22, 2014
99.2 Press Release Relating to Exercise of Option, Issued May 22, 2014