Essential Properties Realty Trust, Inc. Increases Quarterly Dividend to $0.28 per Share, a 1.8% Increase Over Prior Quarter
12 Junho 2023 - 5:20PM
Business Wire
Essential Properties Realty Trust, Inc. (NYSE: EPRT; the
“Company”) announced today that its Board of Directors declared a
quarterly cash dividend of $0.28 per share of common stock for the
second quarter of 2023. On an annualized basis, this dividend of
$1.12 per share of common stock represents an increase of $0.02 per
share over the previous annualized dividend. The dividend is
payable on July 14, 2023, to stockholders of record as of the close
of business on June 30, 2023.
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
March 31, 2023, the Company’s portfolio consisted of 1,688
freestanding net lease properties with a weighted average lease
term of 13.9 years and a weighted average rent coverage ratio of
3.9x. In addition, as of March 31, 2023, the Company’s portfolio
was 99.8% leased to 348 tenants operating 556 different concepts in
16 industries across 48 states.
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version on businesswire.com: https://www.businesswire.com/news/home/20230612005070/en/
Investor/Media: Essential Properties Realty Trust, Inc. Mark
Patten Executive Vice President, Chief Financial Officer, Treasurer
and Secretary 609-436-0613 info@essentialproperties.com
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