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Essential Properties Realty Trust, Inc. Increases Quarterly Dividend to $0.295 per Share, an Increase of Approximately 2% Over Prior Quarter

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Essential Properties Realty Trust (NYSE: EPRT) has announced a quarterly dividend increase for Q4 2024. The company's Board of Directors declared a quarterly cash dividend of $0.295 per share, representing an approximate 2% increase from the previous quarter. The dividend will be paid on January 14, 2025, to stockholders of record as of December 31, 2024. On an annualized basis, this new quarterly dividend amounts to $1.18 per share, marking a $0.02 increase from the previous annual dividend rate.

Essential Properties Realty Trust (NYSE: EPRT) ha annunciato un aumento del dividendo trimestrale per il quarto trimestre del 2024. Il consiglio di amministrazione dell'azienda ha dichiarato un dividendo in contante trimestrale di $0,295 per azione, che rappresenta un aumento approssimativo del 2% rispetto al trimestre precedente. Il dividendo sarà corrisposto il 14 gennaio 2025 agli azionisti registrati al 31 dicembre 2024. Su base annuale, questo nuovo dividendo trimestrale ammonta a $1,18 per azione, segnando un aumento di $0,02 rispetto al precedente tasso di dividendo annuale.

Essential Properties Realty Trust (NYSE: EPRT) ha anunciado un aumento del dividendo trimestral para el cuarto trimestre de 2024. La junta directiva de la compañía declaró un dividendo en efectivo trimestral de $0,295 por acción, lo que representa un aumento aproximado del 2% con respecto al trimestre anterior. El dividendo se pagará el 14 de enero de 2025 a los accionistas registrados al 31 de diciembre de 2024. En términos anuales, este nuevo dividendo trimestral equivale a $1,18 por acción, marcando un aumento de $0,02 respecto a la tasa de dividendo anual anterior.

Essential Properties Realty Trust (NYSE: EPRT)는 2024년 4분기에 대한 분기 배당금 인상을 발표했습니다. 회사의 이사회는 주당 $0.295의 분기 현금 배당금을 선언했으며, 이는 이전 분기보다 약 2% 증가한 수치입니다. 배당금은 2025년 1월 14일에 2024년 12월 31일 기준 주주에게 지급됩니다. 연간 기준으로, 이 새로운 분기 배당금은 주당 $1.18에 해당하며, 이전 연간 배당률보다 $0.02 증가하였습니다.

Essential Properties Realty Trust (NYSE: EPRT) a annoncé une augmentation de son dividende trimestriel pour le quatrième trimestre de 2024. Le conseil d'administration de la société a déclaré un dividende en espèces trimestriel de 0,295 $ par action, représentant une augmentation d'environ 2 % par rapport au trimestre précédent. Le dividende sera versé le 14 janvier 2025 aux actionnaires enregistrés au 31 décembre 2024. Sur une base annualisée, ce nouveau dividende trimestriel s'élève à 1,18 $ par action, marquant une augmentation de 0,02 $ par rapport au précédent taux de dividende annuel.

Essential Properties Realty Trust (NYSE: EPRT) hat eine Erhöhung der vierteljährlichen Dividende für das 4. Quartal 2024 angekündigt. Der Vorstand des Unternehmens erklärte eine vierteljährliche Bar-Dividende von 0,295 $ pro Aktie, was eine ungefähre Erhöhung von 2 % gegenüber dem vorherigen Quartal darstellt. Die Dividende wird am 14. Januar 2025 an die Aktionäre ausgezahlt, die am 31. Dezember 2024 im Aktienregister stehen. Auf Jahresbasis beläuft sich diese neue vierteljährliche Dividende auf 1,18 $ pro Aktie, was eine Erhöhung von 0,02 $ gegenüber dem vorherigen jährlichen Dividendenzinssatz bedeutet.

Positive
  • Quarterly dividend increased by 2% to $0.295 per share
  • Annualized dividend increased by $0.02 to $1.18 per share
  • Company demonstrates financial strength and commitment to shareholder returns
Negative
  • None.

PRINCETON, N.J.--(BUSINESS WIRE)-- Essential Properties Realty Trust, Inc. (NYSE: EPRT; the “Company”) announced today that its Board of Directors declared a quarterly cash dividend of $0.295 per share of common stock for the fourth quarter of 2024. On an annualized basis the fourth quarter 2024 dividend of $0.295 equals $1.18 per share, an increase of $0.02 per share compared to the previous annualized dividend. The dividend is payable on January 14, 2025, to stockholders of record as of the close of business on December 31, 2024.

About Essential Properties Realty Trust, Inc.

Essential Properties Realty Trust, Inc. is an internally managed REIT that acquires, owns and manages primarily single-tenant properties that are net leased on a long-term basis to companies operating service-oriented or experience-based businesses. As of September 30, 2024, the Company’s portfolio consisted of 2,053 freestanding net lease properties with a weighted average lease term of 14.1 years and a weighted average rent coverage ratio of 3.6x. In addition, as of September 30, 2024, the Company’s portfolio was 99.9% leased to 407 tenants operating 583 different concepts in 16 industries across 49 states.

Investor/Media:

Essential Properties Realty Trust, Inc.

Robert W. Salisbury, CFA

Senior Vice President, Head of Capital Markets

609-436-0619

investors@essentialproperties.com

Source: Essential Properties Realty Trust, Inc.

FAQ

What is Essential Properties Realty Trust's new quarterly dividend for Q4 2024?

Essential Properties Realty Trust (EPRT) declared a quarterly dividend of $0.295 per share for Q4 2024.

When will EPRT pay its Q4 2024 dividend?

EPRT will pay its Q4 2024 dividend on January 14, 2025, to stockholders of record as of December 31, 2024.

What is EPRT's new annualized dividend rate?

EPRT's new annualized dividend rate is $1.18 per share, representing a $0.02 increase from the previous rate.

By what percentage did EPRT increase its quarterly dividend?

EPRT increased its quarterly dividend by approximately 2% compared to the previous quarter.

Essential Properties Realty Trust, Inc.

NYSE:EPRT

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EPRT Stock Data

5.45B
174.18M
0.63%
116.24%
11.44%
REIT - Diversified
Real Estate Investment Trusts
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United States of America
PRINCETON