EPR Properties Declares Monthly Dividend for Common Shareholders and Quarterly Dividends for Preferred Shareholders

Rhea-AI Summary

EPR Properties (NYSE:EPR) announced a monthly cash dividend of $0.275 per common share, payable on April 17, 2023.

Shareholders of record on March 31, 2023 will receive this dividend, representing an annualized rate of $3.30 per share.

The Board also declared quarterly preferred dividends: $0.359375 for Series C and G, and $0.5625 for Series E, all payable on the same date to holders of record as of March 31, 2023.

EPR Properties focuses on net lease real estate and operates approximately $5.8 billion in assets across 44 states.

Positive

• Monthly dividend of $0.275 per common share indicates stable income for shareholders.
• Annualized dividend stands at $3.30 per common share, reflecting commitment to returning value.
• Preferred shares also receiving dividends, ensuring income stability across multiple shareholder classes.

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 April 17, 2023 to shareholders of record on March 31, 2023. This dividend represents an annualized dividend of $3.30 per common share.

The Board of Trustees also declared quarterly dividends to preferred shareholders:

• 5.75% Series C Cumulative Convertible Preferred Shares (NYSE:EPRprC): The Company declared a dividend of $0.359375 per share payable April 17, 2023 to shareholders of record on March 31, 2023.

• 9.00% Series E Cumulative Convertible Preferred Shares (NYSE:EPRprE): The Company declared a dividend of $0.5625 per share payable April 17, 2023 to shareholders of record on March 31, 2023.

• 5.75% Series G Cumulative Redeemable Preferred Shares (NYSE:EPRprG): The Company declared a dividend of $0.359375 per share payable April 17, 2023 to shareholders of record on March 31, 2023.

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/20230315005852/en/

EPR Properties

Brian Moriarty

Vice President, Corporate Communications

brianm@eprkc.com | 816-472-1700

Source: EPR Properties

FAQ

What is the amount of the EPR Properties dividend declared?

EPR Properties declared a monthly cash dividend of $0.275 per common share.

When is the dividend payment date for EPR Properties?

The dividend is payable on April 17, 2023.

What is the record date for the dividends announced by EPR Properties?

The record date is March 31, 2023.

How does the EPR Properties dividend compare annually?

The annualized dividend is $3.30 per common share.

What are the preferred dividends declared by EPR Properties?

Preferred dividends include $0.359375 for Series C and G, and $0.5625 for Series E.