Getty Realty Corporation (GTY) to Distribute Quarterly Dividend of $0.50 on January 7th

Getty Realty Corporation (NYSE:GTY) declared a quarterly dividend on Tuesday, October 20th. Stockholders of record on Thursday, December 24th will be given a dividend of $0.50 per share by the real estate investment trust on Thursday, January 7th. This represents a $2.00 annualized dividend and a dividend yield of 7.3%. The ex-dividend date of this dividend is Thursday, December 24th. This is a 3.1% increase from Getty Realty’s previous quarterly dividend of $0.4850.

Getty Realty has a dividend payout ratio of 144.8% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities research analysts expect Getty Realty to earn $2.54 per share next year, which means the company should continue to be able to cover its $1.94 annual dividend with an expected future payout ratio of 76.4%.

Getty Realty Stock Performance

Shares of Getty Realty stock opened at $27.41 on Thursday. The firm has a market capitalization of $1.70 billion, a P/E ratio of 11.22, a PEG ratio of 2.07 and a beta of 0.72. The company has a quick ratio of 2.26, a current ratio of 2.26 and a debt-to-equity ratio of 0.95. The company has a 50 day moving average price of $30.51 and a 200 day moving average price of $32.51. Getty Realty has a 52 week low of $26.91 and a 52 week high of $36.83.

Getty Realty (NYSE:GTY) last released its earnings results on Wednesday, October 21st. The real estate investment trust reported $0.40 EPS for the quarter, topping analysts’ consensus estimates of $0.35 by $0.05. The company had revenue of $62.99 million during the quarter, compared to analysts’ expectations of $59.18 million. Getty Realty had a net margin of 42.74% and a return on equity of 9.27%. Getty Realty’s revenue for the quarter was up 12.0% on a year-over-year basis. During the same period last year, the business earned $0.62 EPS. Sell-side analysts expect that Getty Realty will post 2.45 EPS for the current year.

More Getty Realty News

Here are the key news stories impacting Getty Realty this week:

• Positive Sentiment: Third-quarter adjusted funds from operations (AFFO) came in at $0.64 per share, up from $0.62 a year earlier and ahead of estimates. Revenue rose 12% year over year to $62.99 million, also exceeding expectations. Getty Realty Q3 AFFO, Revenue Rise; 2026 AFFO Guidance Raised
• Positive Sentiment: Getty Realty raised its full-year 2026 AFFO guidance, a signal that management expects continued operating momentum. Year-to-date AFFO per share increased 5.0%. Getty Realty Corp. Announces Third Quarter 2026 Results
• Positive Sentiment: The net-lease REIT completed $297.4 million of investments across 68 properties during the quarter, with an additional $46.3 million invested after quarter-end. Its committed pipeline exceeds $75 million, supporting future rental growth. Getty Realty Highlights Record Investments and Strengthened Balance Sheet
• Positive Sentiment: The quarterly dividend was raised 3.1% to $0.50 per share, or $2.00 annualized. At the referenced share price, the dividend yield is approximately 7.2%, which may appeal to income-focused investors. Getty Realty Corp. Announces Increased Quarterly Cash Dividend
• Neutral Sentiment: Despite the earnings beat and raised guidance, GTY remains below its 50-day and 200-day moving averages and near its one-year low. The supplied reports do not identify a new company-specific negative, so the weaker share performance may reflect broader REIT or interest-rate concerns.

Getty Realty Company Profile

Getty Realty Corp. is a real estate investment trust that owns, leases and develops convenience store, gasoline station and automotive service properties. Its portfolio also includes properties used for car washes, truck service, automotive parts and repairs, and other retail and service businesses.

The company generally leases its properties to operators under long-term, often triple-net lease agreements, under which tenants are typically responsible for property taxes, insurance and maintenance.