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Thursday, July 16, 2015

Rich Uncles.com Declares 2nd Quarter 2015 Dividend & Provides Business Update

Hey everyone!  I don't normally post on back-to-back days, but today marks a special situation.  You see, me and thousands of other Richuncles.com investors are about to get paid here in CA.  It's second quarter dividend distribution time!  I didn't want to wait too long to share with you the email release RU investors received yesterday, telling us all about our dividend and company performance.




I've been an investor for 5 quarters, and I still can't believe how quickly the company (and my investment) has grown.  I've shared articles periodically on this investment since March of 2014.  Back then, this Real Estate Investment Trust (REIT) was barely getting the attention it deserved, despite having names like Ray WirtaHarold Hofer, and Howard Makler as Founders.  My, how things have changed:


RichUncles.com 
Rich Uncles Real Estate Investment Trust I

$157,000 Distribution
2nd Quarter Dividend Declared
RichUncles.com is proud to be distributing $157,000 in dividend income to Shareholders for the second quarter of 2015:

A cash Dividend equal to $.1875 per $10.00 Share will be paid on July 20, 2015 to interest holders of record as of June 30, 2015.  

The Dividend equals an annualized 7.5% investment return. 


Business Update. 
CEO, Harold Hofer, with investors in 2014

Rich Uncles continued its accelerated pace of REIT share sales during the second quarter, more than doubling the size of the REIT during this time frame.

"We are on track to sell out the REIT during the third quarter," stated CEO Harold Hofer. "Including properties under contract which we fully expect to purchase after due diligence completion, our overall asset base is approaching $25 million. We are fulfilling our mission of delivering quality commercial real estate investment opportunities to investors large and small."


A recent acquisition was a Chevron service station and Chevron-branded "ExtraMile" convenience store located in the heart of Silicon Valley, close to the famed "Santana Row" shopping complex in San Jose. This property is subject to a new, 10-year triple net (NNN) lease.

"This purchase dovetails perfectly with our investment strategy" continued Hofer. "Great real estate, great tenant committed to long-term leases, all we do is convert monthly rent checks into Shareholder dividends."


Investment Update.

Our investment properties remain 100% leased with all scheduled rents received on a timely basis.


Dividend. 

RichUncles.com is proud to be distributing $157,000 in dividend income to Shareholders.

A cash Dividend for the second quarter of 2015 equal to $.1875 per $10 Share will be paid on July 20, 2015 to Shareholders of record as of June 30, 2015. This Dividend equals an annualized 7.5% investment return.   

Shareholders who purchased Shares during the second quarter of 2015 will have their Dividend payment pro-rated based upon a 91 day calendar quarter, as measured from the date shown on each Shareholder’s Share Certificate.

Shareholders who purchased Shares on more than one occasion will receive one check representing all of the Dividends owed to them; and those who own their Shares in a custodial retirement account will have their Dividend paid directly to the account custodian.

Shareholders who have elected to participate in the Company’s Dividend Reinvestment Program will receive notification via email of their current Share account balances, including the reinvested Dividends, on July 20, 2015.

Questions, Comments or Concerns.  Please send any questions, comments or concerns to info@RichUncles.com.  We would love to hear from you.


Howard Makler, President
(855) 742-4862 
howard@RichUncles.com


There is still time to put your money to work, buying shares of this Commercial Real Estate public, non-traded REIT, better known as RichUncles.com.  Can't hurt to call and get some answers to your questions, or leave a comment below and I'll respond.

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