Welcome to our dedicated page for Postal Realty Trust news (Ticker: PSTL), a resource for investors and traders seeking the latest updates and insights on Postal Realty Trust stock.
Postal Realty Trust Inc. (NYSE: PSTL) operates as a specialized real estate investment trust managing properties leased to the United States Postal Service. This page serves as the definitive source for PSTL's corporate announcements, financial disclosures, and strategic developments within its niche postal property portfolio.
Investors and analysts will find curated press releases covering quarterly earnings, property acquisitions, lease renewals, and management updates. The repository also features operational milestones related to PSTL's fee-based third-party management services and portfolio expansion strategies.
Key content categories include financial results, USPS lease agreements, acquisition announcements, and governance updates. All materials are sourced directly from company filings and official communications to ensure regulatory compliance and factual accuracy.
Bookmark this page for streamlined access to Postal Realty Trust's latest developments in government-leased commercial real estate. Check back regularly to monitor how PSTL maintains its position as a leading operator of mission-critical postal properties nationwide.
Postal Realty Trust, Inc. (NYSE: PSTL) has announced a quarterly dividend of
Postal Realty Trust, Inc. (NYSE: PSTL) announced plans to release its financial results for the quarter ending March 31, 2023 on May 2, 2023, after market close. The company owns and manages over 1,700 properties leased primarily to the United States Postal Service (USPS). A conference call to discuss these results will take place on May 3, 2023, at 8:30 A.M. ET. Interested investors can access the call via the company's investor website. A replay of the call will be available from 11:30 A.M. ET on May 3 until 11:59 P.M. ET on May 17. Further information about Postal Realty Trust can be found at postalrealtytrust.com.
Postal Realty Trust, Inc. (NYSE: PSTL) reported a strong financial performance for the year ended December 31, 2022, including the acquisition of 320 USPS properties for $123 million and 54 properties for $20.2 million in Q4 alone. Total revenue surged 33% year-over-year, with net income of $3.9 million ($0.15 per diluted share). The company raised its dividend by 4.4%, marking the fourteenth consecutive increase. Net debt stood at $196.2 million, with a 3.74% average interest rate, and a fully undrawn credit line of $150 million. The property portfolio was 99.7% occupied, enhancing the company's operational position for future growth opportunities.
