Essential Properties Realty Trust, Inc. Increases Quarterly Dividend to $0.285 per Share, a 1.8% Increase Over Prior Quarter
04 Dicembre 2023 - 10:20PM
Business Wire
Essential Properties Realty Trust, Inc. (NYSE: EPRT; the
“Company”) announced today that its Board of Directors declared a
quarterly cash dividend of $0.285 per share of common stock for the
fourth quarter of 2023. On an annualized basis the fourth quarter
2023 dividend of $0.285 equals $1.14 per share, an increase of
$0.02 per share compared to the previous annualized dividend. The
dividend is payable on January 12, 2024 to stockholders of record
as of the close of business on December 29, 2023.
About Essential Properties Realty Trust, Inc.
Essential Properties Realty Trust, Inc. is an internally managed
REIT that acquires, owns and manages primarily single-tenant
properties that are net leased on a long-term basis to companies
operating service-oriented or experience-based businesses. As of
September 30, 2023, the Company’s portfolio consisted of 1,793
freestanding net lease properties with a weighted average lease
term of 13.9 years and a weighted average rent coverage ratio of
4.0x. In addition, as of September 30, 2023, the Company’s
portfolio was 99.8% leased to 363 tenants operating 584 different
concepts in 16 industries across 48 states.
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version on businesswire.com: https://www.businesswire.com/news/home/20231204546910/en/
Investor/Media: Essential Properties Realty Trust, Inc. Robert
W. Salisbury, CFA Senior Vice President, Capital Markets
609-436-0619 info@essentialproperties.com
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