EPR Properties Declares Quarterly Dividends for Preferred Shareholders

Rhea-AI Summary

EPR Properties (NYSE:EPR) has declared quarterly dividends for preferred shareholders, effective April 15, 2021. Shareholders of record as of March 31, 2021, will receive:

• 5.75% Series C: $0.359375 per share
• 9.00% Series E: $0.5625 per share
• 5.75% Series G: $0.359375 per share

The company, focused on experiential net lease real estate, has approximately $6.5 billion in investments across 44 states, emphasizing stable returns and strict investment criteria.

Positive

• Quarterly dividends declared for preferred shares signal ongoing income for shareholders.
• High dividend rates of 9.00% for Series E and 5.75% for Series C and G indicate company confidence.
• EPR Properties maintains nearly $6.5 billion in total investments, showcasing financial stability.

Negative

• None.

EPR Properties (NYSE:EPR) today announced that its Board of Trustees has declared its 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 15, 2021 to shareholders of record on March 31, 2021.
• 9.00% Series E Cumulative Convertible Preferred Shares (NYSE:EPRprE): The Company declared a dividend of $0.5625 per share payable April 15, 2021 to shareholders of record on March 31, 2021.
• 5.75% Series G Cumulative Redeemable Preferred Shares (NYSE:EPRprG): The Company declared a dividend of $0.359375 per share payable April 15, 2021 to shareholders of record on March 31, 2021.

About EPR Properties

EPR Properties is a leading 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 nearly $6.5 billion in total investments 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/20210316006022/en/

FAQ

What is the dividend amount for EPR Properties' Series E preferred shares?

The dividend amount for EPR Properties' Series E preferred shares is $0.5625 per share.

When will EPR Properties pay dividends to its preferred shareholders?

EPR Properties will pay dividends on April 15, 2021.

What is the record date for EPR Properties' preferred share dividends?

The record date for EPR Properties' preferred share dividends is March 31, 2021.

How much does EPR Properties pay in dividends for Series C and Series G preferred shares?

EPR Properties pays $0.359375 per share for both Series C and Series G preferred shares.