secwatch.observer — SEC 8-K summary
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Issuer:     Four Corners Property Trust, Inc. (FCPT)
CIK:        0001650132
Form:       8-K
Filed at:   2025-02-12T23:59:59+00:00
Accession:  0000950170-25-018922
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FCPT Q4 revenue up 5.3% to $60.7M; AFFO per share +$0.01; dividend raised 2.9%
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- Q4 rental revenue $60.7M (+5.3% YoY); net income $26.2M ($0.27 diluted EPS), flat YoY on higher share count.
- AFFO per diluted share $0.44 (+$0.01 YoY); full-year AFFO $1.73 (+$0.06).
- Dividend increased 2.9% to $0.3550 per share for Q4 2024.
- Acquired 45 properties for $132.5M at 7.0% cash yield in Q4; full-year acquisitions $264.6M at 7.1% yield.
- Post-quarter refinancing: revolver upsized to $350M, new $225M term loan, total facility $940M with 2029 maturities.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1650132/000095017025018922/0000950170-25-018922-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1650132/000095017025018922/fcpt-20250212.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-018922

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