Tuesday, October 29, 2013

Trade - Buy

I added more to my position with American Realty Capital Properties (ARCP)

76 shares at $13.22 on 10-24-2013

This will increase my forward 12 month dividend by $73.56 to a total of $952.56

I made this buy because ARCP is growing and growing really fast. They brought Cole Real Estate Investments Inc. for nearly $7 billion.

This deal will make ARCP the largest net-leases real estate investment trust (REIT). Also, ARCP will increase its annualized dividend to $1.00 when the deal closes. Currently it is at 94 cents annualized.

Here is a great article on ARCP: American Realty Capital Properties Finally Getting Noticed

Also here is ARCP fact sheet from June 30, 2013: Fact Sheet

I added the transaction to reflect on my Portfolio page.

What have you been buying/selling?


  1. Hey FF!

    Interesting that you bought ARCP! I'm looking at them and OHI right now. ARCP is set on growing, that is for sure! Sometimes I wonder if they are growing too fast or if they would sacrifice quality for quantity. Still evaluating the company, but it seems the dividend is set to grow! I'll check out the linked article. Thank you!

    1. CI,

      Thanks for stopping by. Yes, ARCP is growing very fast. If they keep increasing the dividends, I am a happy camper. :)

  2. Good pickup for sure! I picked up some a few months ago and have been quite pleased with how things have turned out. I only wish I could have bought them earlier! It will be interesting to see how they continue to grow once their major acquisition activity has slowed down. At that point however we should all have seen some solid dividend growth during the expansion.

  3. I like the buy! They are definetly growing fast and I have the same conerns as Compounding Income, but I think they'll do well long term. I do also like that Realty Income is quietly going about its business plan and expanding their property base.

  4. Was the COLE deal finalized? I thought it was still be negotiated.

    1. No, It is not. Should be by the end of this year or beginning of next year.