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Getty Realty Corp . (NYSE:GTY), a $1.51 billion market cap real estate company with an impressive 93.65% gross profit margin and a notable 6.91% dividend yield, filed a Form 8-K with the Securities and Exchange Commission on Thursday announcing an update to its material U.S. federal income tax disclosure. According to InvestingPro data, the company has maintained dividend payments for 31 consecutive years. According to the filing, the updated discussion under the heading “Material U.S. Federal Income Tax Considerations” in Exhibit 99.1 of the current report now supersedes and replaces the corresponding section in the company’s prospectus dated January 5, 2024, which was part of its Registration Statement on Form S-3 (File No. 333-276399) and the related prospectus supplement filed on February 16, 2024.
The company did not provide further details regarding the specific changes to the tax disclosure within the body of the 8-K filing. Investors are directed to review Exhibit 99.1 attached to the filing for the full updated information.
Getty Realty is incorporated in Maryland and its common stock is listed on the New York Stock Exchange under the symbol GTY. The information in this article is based on a press release statement included in the company’s SEC filing.
In other recent news, Getty Realty Corporation reported its first-quarter 2025 earnings, revealing a shortfall in earnings per share (EPS) against analyst projections. The company posted an EPS of $0.25, which was below the expected $0.3202, though revenue slightly exceeded forecasts at $50.6 million compared to the anticipated $50.46 million. Additionally, Getty Realty’s second-quarter earnings report prompted JMP Securities to reiterate its Market Outperform rating with a price target of $34.00, highlighting an increase in deal activity and a replenished investment pipeline despite year-to-date investment volumes being approximately 15% lower than the previous year.
Furthermore, Getty Realty announced a quarterly cash dividend of $0.47 per share, payable on October 9, 2025, to shareholders of record as of September 25, 2025. In a recent shareholder meeting, the company confirmed the re-election of its board members and approved the compensation package for its executive officers. The meeting also ratified PricewaterhouseCoopers LLP as the independent auditor for the current fiscal year. These developments reflect Getty Realty’s ongoing strategic activities and financial commitments.
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