VEREIT® Announces October Common Stock Dividend

PHOENIX, Oct. 14, 2021 /PRNewswire/ -- VEREIT, Inc. (NYSE: VER) ("VEREIT" or the "Company") announced today its Board of Directors has declared a cash dividend of $0.154 per common share for the month of October, which represents one-third of its prior quarterly dividend.  This dividend will be payable on November 15, 2021 to shareholders of record on November 2, 2021 (the "Record Date"), only if the merger with Realty Income Corporation has not closed prior to the Record Date.  VEREIT expects to continue declaring dividends on a monthly basis until the closing of the merger with Realty Income Corporation.

About VEREIT
VEREIT is a full-service real estate operating company which owns and manages one of the largest portfolios of single-tenant commercial properties in the U.S.  The Company has total real estate investments of $14.5 billion including approximately 3,900 properties and 88.9 million square feet. VEREIT's business model provides equity capital to creditworthy corporations in return for long-term leases on their properties. VEREIT is a publicly traded Maryland corporation listed on the New York Stock Exchange. VEREIT uses, and intends to continue to use, its Investor Relations website, which can be found at www.VEREIT.com, as a means of disclosing material nonpublic information and for complying with its disclosure obligations under Regulation FD.  Additional information about VEREIT can be found through social media platforms such as Twitter and LinkedIn.