EPR Properties Declares Monthly Dividend for Common Shareholders

Rhea-AI Summary

EPR Properties (NYSE:EPR), a leading diversified experiential net lease REIT, has declared its monthly cash dividend for common shareholders. The dividend of $0.285 per common share will be payable on August 15, 2024, to shareholders of record on July 31, 2024. This represents an annualized dividend of $3.42 per common share.

EPR Properties specializes in select enduring experiential properties in the real estate industry, focusing on venues that facilitate out-of-home leisure and recreation experiences. The company has total assets of approximately $5.7 billion across 44 states, after accumulated depreciation of about $1.4 billion. EPR adheres to rigorous underwriting and investing criteria centered on key industry, property, and tenant-level cash flow standards.

Positive

• Consistent monthly dividend payment of $0.285 per common share
• Annualized dividend of $3.42 per common share
• Diversified portfolio with $5.7 billion in total assets across 44 states
• Focused approach on experiential properties in leisure and recreation sector

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 $0.285 per common share is payable August 15, 2024 to shareholders of record on July 31, 2024. This dividend represents an annualized dividend of $3.42 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 $5.7 billion (after accumulated depreciation of approximately $1.4 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/20240715136994/en/

EPR Properties

Brian Moriarty

Senior Vice President – Corporate Communications

brianm@eprkc.com | 816-472-1700

Source: EPR Properties

FAQ

What is EPR Properties' (EPR) monthly dividend amount for August 2024?

EPR Properties has declared a monthly cash dividend of $0.285 per common share for August 2024.

When is the payment date for EPR Properties' (EPR) August 2024 dividend?

The dividend payment date is August 15, 2024, for shareholders of record on July 31, 2024.

What is the annualized dividend for EPR Properties (EPR) based on the August 2024 declaration?

Based on the August 2024 declaration, EPR Properties' annualized dividend is $3.42 per common share.

How much in total assets does EPR Properties (EPR) currently manage?

EPR Properties manages total assets of approximately $5.7 billion (after accumulated depreciation of about $1.4 billion) across 44 states.