Essential Properties Realty Trust, Inc. Increases Quarterly Dividend to $0.275 per Share, a 1.9% Increase Over Prior Quarter
01 Dezembro 2022 - 8:00AM
Business Wire
Essential Properties Realty Trust, Inc. (NYSE: EPRT; the
“Company”) announced today that its Board of Directors declared a
quarterly cash dividend of $0.275 per share of common stock for the
fourth quarter of 2022. On an annualized basis, this dividend of
$1.10 per share of common stock represents an increase of $0.02 per
share over the previous annualized dividend. The dividend is
payable on January 13, 2023, to stockholders of record as of the
close of business on December 30, 2022.
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, 2022, the Company’s portfolio consisted of 1,572 freestanding
net lease properties with a weighted average lease term of 14.0
years and a weighted average rent coverage ratio of 4.2x. In
addition, as of September 30, 2022, the Company’s portfolio was
99.8% leased to 329 tenants operating 486 different concepts in 16
industries across 48 states.
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version on businesswire.com: https://www.businesswire.com/news/home/20221201005127/en/
Investor/Media: Essential Properties Realty Trust, Inc. Daniel
Donlan Senior Vice President, Capital Markets 609-436-0619
info@essentialproperties.com
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