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 March 15, 2023, to shareholders of record as of February 28, 2023. This dividend reflects an annualized rate of $3.30 per share. EPR Properties is a leading diversified experiential net lease real estate investment trust (REIT), focusing on enduring experiential properties. The company holds total assets of approximately $5.8 billion, maintaining a competitive advantage through rigorous underwriting and investing criteria centered on cash flow standards.

Positive

• Declaration of a monthly dividend of $0.275, affirming a commitment to return value to shareholders.
• Annualized dividend amount of $3.30 per common share contributes to attractive shareholder income.
• Strong asset base of approximately $5.8 billion indicates financial stability and investment capacity.

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 March 15, 2023 to shareholders of record on February 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/20230215005797/en/

EPR Properties

Brian Moriarty

Vice President, Corporate Communications

brianm@eprkc.com | 816-472-1700

Source: EPR Properties

FAQ

What is the dividend amount declared by EPR Properties?

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

When will EPR Properties pay its dividend?

The dividend will be payable on March 15, 2023.

What is the record date for EPR Properties' dividend?

The record date for the dividend is February 28, 2023.

What is the annualized dividend for EPR Properties?

The annualized dividend is $3.30 per common share.

What type of properties does EPR Properties specialize in?

EPR Properties specializes in diversified experiential net lease properties.