SmarterDividends
FCPT

Four Corners Property Trust, Inc.

FCPT

Real Estate · REIT - Retail · Stock · monthly payer

$21.99

Fairly valued · +6% Add to Portfolio

Forward Yield

6.90%

Annual Dividend

$1.52

Payout Ratio

132%

5-Yr Growth

3.1%

Ex-Date

Oct 30, 2026

Frequency

Monthly

Key facts about FCPT's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Four Corners Property Trust, Inc. (FCPT) has a forward dividend yield of 6.90%, based on an annual dividend of $1.52 per share and a share price of $21.99.
  • As of Oct 18, 2026, FCPT's dividend safety grade from SmarterDividends is D (45 out of 100), which rates the dividend as unsafe.
  • By SmarterDividends' count, Four Corners Property Trust, Inc. (FCPT) has raised its dividend for 9 consecutive years as of Oct 18, 2026.
  • FCPT has never cut its regular dividend in the payment history SmarterDividends has on record.
  • FCPT's next ex-dividend date is Oct 30, 2026, with payment on Nov 16, 2026. Shares must be owned before that date to receive the dividend.
  • As of Oct 18, 2026, FCPT pays out 132% of its trailing 12-month earnings as dividends (its payout ratio).
  • FCPT's dividend has grown at an average rate of 3.1% a year over the past five years.
  • As of Oct 18, 2026, FCPT's 6.90% yield is 34% above its five-year average yield of 5.17%.
  • As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for FCPT is $23.30 per share, 6% above the $21.99 share price, so FCPT screens as fairly valued.
  • Four Corners Property Trust, Inc. (FCPT) pays its dividend monthly, 12 times a year.
  • Four Corners Property Trust, Inc. (FCPT) has raised its regular dividend 9 times and cut it 1 time across the 46 payments on record since 2016. Its most recent change was a 66.8% cut to $0.122 per share, going ex-dividend on Jul 31, 2026.
Cite this page

SmarterDividends, "FCPT Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/FCPT

Summary

As of Oct 18, 2026, Four Corners Property Trust, Inc. (FCPT) yields 6.90% ($1.52 a year per share), has a dividend safety grade of D (45/100) and has 9 consecutive years of dividend increases on record.

Is FCPT a good dividend stock?

Mixed

Four Corners Property Trust, Inc. (FCPT) pays a monthly dividend yielding 6.90% ($1.52/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
6.90%
Payout Ratio
132%
Annual Dividend
$1.52
5-Yr Avg Growth
3.1%
Ex-Dividend Date
Oct 30, 2026
Years of Growth
9
Frequency
monthly
Beta
0.82
Market Cap
$2.4B
P/E Ratio
20.0
5-Yr Total Return
-19%
52-Week Range
$20.86 – $26.86
Dividend Safety
D · 45/100
Ever Cut?
No

FCPT dividend raises and cuts

Four Corners Property Trust, Inc. (FCPT) has raised its regular dividend 9 times and cut it 1 time across the 46 payments on record since 2016. Its most recent change was a 66.8% cut to $0.122 per share, going ex-dividend on Jul 31, 2026.

Ex-dateChangeOld → newMove
Jul 31, 2026Cut$0.367 → $0.122−66.8%
Dec 31, 2025Raise$0.355 → $0.367+3.4%
Dec 31, 2024Raise$0.345 → $0.355+2.9%
Dec 28, 2023Raise$0.340 → $0.345+1.5%
Dec 29, 2022Raise$0.333 → $0.340+2.1%
Dec 31, 2021Raise$0.318 → $0.333+4.7%
Dec 31, 2020Raise$0.305 → $0.318+4.3%
Jan 2, 2020Raise$0.288 → $0.305+5.9%
Jan 3, 2019Raise$0.275 → $0.288+4.7%
Dec 28, 2017Raise$0.243 → $0.275+13.2%
Every FCPT payment →Download every raise and cut (CSV)
FCPT ex-dividend date & scheduleNext ex-date Oct 30, 2026 · full ex-dividend historyView →FCPT dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is FCPT a good dividend stock?

Mixed. Four Corners Property Trust, Inc. (FCPT) pays a monthly dividend yielding 6.90% ($1.52/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.

Is FCPT undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, FCPT's fair value is about $23.30 versus a $21.99 share price — so it looks fairly valued (+6% vs. fair value).

Is FCPT's dividend safe?

FCPT has a dividend-safety grade of D (45/100), based on its payout coverage, free-cash-flow, 9-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is FCPT's fair value?

Our blended fair-value estimate for FCPT is about $23.30 per share, roughly 6% above the current $21.99 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is FCPT a buy, hold, or sell?

We don't issue formal ratings, but on the data FCPT screens as "mixed" and fairly valued. Four Corners Property Trust, Inc. (FCPT) pays a monthly dividend yielding 6.90% ($1.52/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. This is research for your own analysis, not investment advice.

Will FCPT cut its dividend?

FCPT earns a dividend-safety grade of D (45/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does FCPT pay a dividend?

Yes. Four Corners Property Trust, Inc. pays a monthly dividend of about $1.52 per share annually, a forward yield of roughly 6.90%.

What is FCPT's dividend yield?

As of Oct 18, 2026, FCPT's forward dividend yield is 6.90%, based on a $1.52 annual dividend and a $21.99 share price.

What is FCPT's dividend per share?

As of Oct 18, 2026, FCPT pays $1.52 per share per year, distributed on a monthly basis.

What is FCPT's dividend payout ratio?

As of Oct 18, 2026, FCPT's payout ratio is 132% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.

How many years has FCPT grown its dividend?

As of Oct 18, 2026, FCPT has increased its dividend for 9 consecutive years.

When is the next FCPT ex-dividend date?

As of Oct 18, 2026, the next ex-dividend date on record for FCPT is Oct 30, 2026.

Income Calculator

At $1.52 / yr per share

Per payment (monthly)$12.67
Annual$152.00
Monthly avg$12.67

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