Four Corners Property Trust, Inc.
FCPTReal Estate · Stock · quarterly payer
Forward Yield
5.81%
Annual Dividend
$1.47
Payout Ratio
132%
5-Yr Growth
3.1%
Ex-Date
Aug 31, 2026
Frequency
Quarterly
Summary
As of August 2026, Four Corners Property Trust, Inc. (FCPT) yields 5.81% ($1.47 per share annually), with a blended fair-value estimate of $23.58 — -7% downside, so it screens as fairly valued. Dividend safety grade: D (47/100). 9 years of dividend growth.
Is FCPT a good dividend stock?
MixedFour Corners Property Trust, Inc. (FCPT) pays a quarterly dividend yielding 5.81% ($1.47/yr), with 9 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
- Never cut its dividend on record
Risks
- Elevated payout ratio (132%)
- Share price is down over the past 5 years
- Below-average dividend safety score
Key Data
- Dividend Yield
- 5.81%
- Payout Ratio
- 132%
- Annual Dividend
- $1.47
- 5-Yr Avg Growth
- 3.1%
- Ex-Dividend Date
- Aug 31, 2026
- Years of Growth
- 9
- Frequency
- quarterly
- Beta
- 0.81
- Market Cap
- $2.8B
- P/E Ratio
- 22.9
- 5-Yr Total Return
- -6%
- 52-Week Range
- —
- Dividend Safety
- D · 47/100
- Ever Cut?
- No
Frequently Asked Questions
FCPT Price — Last 12 Months
Daily close
Price Return
1 Year
+3%
3 Years
+14%
5 Years
-6%
52-Week Range
—
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is FCPT worth?
Fairly valuedlow confidenceOur blended fair-value estimate for Four Corners Property Trust, Inc. is $23.58 per share, versus a market price of $25.23. That implies the stock is roughly fairly priced.
Fair Value
$23.58
Current Price
$25.23
Gap
-7%
Margin of Safety
-7%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Assumptions: 8.4% discount rate (CAPM), 0.6% stage-1 growth, 2.5% terminal growth, $1.10 EPS, $1.47 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
FCPT Dividend Safety Score
Risky
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jul 31, 2026 | — | $0.1220 | regular |
| Jun 30, 2026 | — | $0.3670 | regular |
| Mar 31, 2026 | — | $0.3670 | regular |
| Dec 31, 2025 | — | $0.3670 | regular |
| Sep 30, 2025 | — | $0.3550 | regular |
| Jun 30, 2025 | — | $0.3550 | regular |
| Mar 31, 2025 | — | $0.3550 | regular |
| Dec 31, 2024 | — | $0.3550 | regular |
| Sep 30, 2024 | — | $0.3450 | regular |
| Jun 28, 2024 | — | $0.3450 | regular |
| Mar 27, 2024 | — | $0.3450 | regular |
| Dec 28, 2023 | — | $0.3450 | regular |
| Sep 28, 2023 | — | $0.3400 | regular |
| Jun 29, 2023 | — | $0.3400 | regular |
Income Calculator
At $1.47 / yr per share
