EPR Properties Declares Monthly Dividend for Common Shareholders

Rhea-AI Summary

EPR Properties (NYSE:EPR) has declared a monthly cash dividend of $0.275 per common share, payable on May 15, 2023, to shareholders of record by April 28, 2023. This dividend translates to an annualized rate of $3.30 per share. The company, a leading diversified experiential net lease real estate investment trust (REIT), focuses on properties that enhance out-of-home leisure and recreational experiences. EPR Properties boasts total assets of approximately $5.8 billion, with key underwriting criteria ensuring stable returns. The company's rigorous investment strategies center on cash flow standards at the property and tenant levels, potentially providing a competitive advantage in the market.

Positive

• Dividend of $0.275 per common share enhances shareholder income.
• Annualized dividend of $3.30 indicates commitment to shareholder returns.
• Total assets of approximately $5.8 billion highlight financial strength.
• Focus on experiential properties may drive stable and attractive returns.

Negative

• None.

KANSAS CITY, Mo.--(BUSINESS WIRE)-- EPR Properties (NYSE:EPR) today announced that its Board of Trustees has declared its monthly cash dividend to common shareholders. The dividend of $0.275 per common share is payable May 15, 2023 to shareholders of record on April 28, 2023. This dividend represents an annualized dividend of $3.30 per common share.

About EPR Properties

EPR Properties (NYSE:EPR) is the leading diversified experiential net lease real estate investment trust (REIT), specializing in select enduring experiential properties in the real estate industry. We focus on real estate venues which create value by facilitating out of home leisure and recreation experiences where consumers choose to spend their discretionary time and money. We have total assets of approximately $5.8 billion (after accumulated depreciation of approximately $1.3 billion) across 44 states. We adhere to rigorous underwriting and investing criteria centered on key industry, property and tenant level cash flow standards. We believe our focused approach provides a competitive advantage and the potential for stable and attractive returns. Further information is available at www.eprkc.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230413005683/en/

EPR Properties

Brian Moriarty

Vice President, Corporate Communications

brianm@eprkc.com | 816-472-1700

Source: EPR Properties

FAQ

What is the date for EPR Properties' dividend payment?

EPR Properties' dividend payment is scheduled for May 15, 2023.

What amount is EPR Properties' monthly cash dividend?

The monthly cash dividend declared by EPR Properties is $0.275 per common share.

What is the annualized dividend for EPR Properties?

The annualized dividend for EPR Properties is $3.30 per common share.

Who qualifies for the dividend payment from EPR Properties?

Shareholders of record on April 28, 2023, qualify for the dividend payment.