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Four Corners Property Trust, Inc (FCPT) Q4 2020 Earnings Call Transcript

Operator Good day, and welcome to the FCPT Fourth Quarter 2020 Financial Results Conference Call. [Operator Instructions] Please note this event is being recorded. I would now like to turn the conference over to Gerry Morgan. Please go ahead. Gerald R. Morgan Chief Financial Officer Thank you. During the course of this call, we will make forward-looking statements, which are based on beliefs and assumptions made by us. Our actual results will be affected by known and unknown factors, including uncertainty related to the remaining scope, severity, and duration of the COVID-19 pandemic that are beyond our control or ability to predict. Our assumptions are not a guarantee of future performance, and some will prove to be incorrect. For a more detailed description of potential risk, please refer to our SEC filings, which can be found at fcpt.com. All the information presented on this call is current as of today, February 18, 2021.

Merion Road Capital: We Should Have Held Our Positions in Four Corners Property Trust (FCPT)

Merion Road Capital: ‘We Should Have Held Our Positions in Four Corners Property Trust (FCPT)’ Merion Road Capital Management, an investment management firm, published its fourth-quarter 2020 Investor Letter for its ‘MRCM Long Short Small Cap’ and ‘MRCM Long Only Large Cap’– a copy of which can be downloaded here. A return of 11.5% was recorded by its Long Short Small Cap fund for the Q4 of 2020, outperforming its Barclay Hedge Fund index that made a 9% return, but below its Russell 2000 benchmark that delivered 31.3%. Its Long Only Large Cap fund delivered a 21.2% return, above its S&P 500 benchmark that accumulated 12.1%. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021.

FCPT Announces Tax Treatment of 2020 Distributions

FCPT Announces Tax Treatment of 2020 Distributions 01/22/2021 | 05:55pm EDT Send by mail : Message : Required fields Four Corners Property Trust, Inc. (NYSE: FCPT), a real estate investment trust primarily engaged in the ownership of high-quality, net-leased restaurant properties (“FCPT” or the “Company”), announced today the tax characterization of its 2020 common stock distributions as shown below. Record Date Qualified Taxable Dividends are a subset of, and included in, Ordinary Taxable Dividends. The common stock dividend of $0.3175 per share that was paid on January 15, 2021 to shareholders of record on January 4, 2021, will be applicable to the 2021 tax year. If you held common stock of FCPT in your name at any time during 2020, an IRS Form 1099-DIV will be provided to you by Broadridge Corporate Issuer Solutions, FCPT’s transfer agent during 2020. If you held shares in street name during 2020, the IRS form provided by your bank, brokerage firm or nominee m

A Peek Into The Markets: US Stock Futures Edge Lower Ahead Of Final Trading Session Of 2020

A Peek Into The Markets: US Stock Futures Edge Lower Ahead Of Final Trading Session Of 2020
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