Four Corners Property Trust, Inc. reported second quarter 2026 financial results showing rental revenue of $70.0 million and net income attributable to common shareholders of $30.0 million, or $0.27 per diluted share. Adjusted Funds From Operations (AFFO) per diluted share grew 1.4% year-over-year to $0.45. The company acquired 23 properties for $57.2 million during the quarter and announced a transition to monthly dividend payments starting in August 2026, declaring dividends of $0.1222 per common share for July, August, and September. Additionally, FCPT closed on a new $400 million term loan facility maturing in August 2031 to refinance maturing debt and fund future investments.

Four Corners Property Trust entered into a Fifth Amended and Restated Revolving Credit and Term Loan Agreement, upsizing the facility from $940 million to $1.15 billion. The transaction includes a new $400 million senior unsecured term loan maturing in August 2031, with $360 million drawn at close. Proceeds will repay $190 million of near-term debt maturing in November 2026 and February 2027, while $210 million funds investments and general corporate purposes. The agreement improves credit margins to SOFR + 0.90% for term loans and SOFR + 0.85% for revolving loans, potentially saving $450,000 annually. Existing term loan maturities were extended, and the company maintains a well-laddered debt profile with 82% of overall debt fixed. Four Corners Property Trust is a real estate investment trust primarily engaged in the ownership, acquisition, and leasing of net-leased restaurant and retail properties.

Four Corners Property Trust, Inc. closed on the acquisition of 102 Mission Pet Health veterinary properties for a purchase price of $268.0 million. The properties are currently operated by Mission Pet Health. Including this transaction, the company has acquired 139 properties for a total investment of & $364.3 million year-to-date, achieving a weighted average cap rate of 6.6%. Four Corners Property Trust, & is a real estate investment trust (REIT) focused on owning and acquiring high-quality, net-leased restaurant and retail properties.

Four Corners Property Trust, Inc. held its annual meeting of stockholders on June 4, 2026, where stockholders elected eight directors to a one-year term expiring in 2027. Additionally, stockholders ratified the following: the appointment of KPMG LLP as the independent registered public accounting firm for the fiscal year 2026, and the non-binding advisory approval of executive officer compensation.