Essential Properties Realty Trust, Inc. (EPRT) to Issue Quarterly Dividend of $0.31 on January 14th

Essential Properties Realty Trust, Inc. (NYSE:EPRT) declared a quarterly dividend on Monday, December 8th. Investors of record on Wednesday, December 31st will be paid a dividend of 0.31 per share on Wednesday, January 14th. This represents a c) dividend on an annualized basis and a yield of 4.2%. The ex-dividend date of this dividend is Wednesday, December 31st. This is a 3.3% increase from Essential Properties Realty Trust’s previous quarterly dividend of $0.30.

Essential Properties Realty Trust has raised its dividend payment by an average of 0.1%per year over the last three years and has increased its dividend annually for the last 6 consecutive years. Essential Properties Realty Trust has a dividend payout ratio of 92.5% meaning its dividend is currently covered by earnings, but may not be in the future if the company’s earnings fall. Research analysts expect Essential Properties Realty Trust to earn $1.98 per share next year, which means the company should continue to be able to cover its $1.24 annual dividend with an expected future payout ratio of 62.6%.

Essential Properties Realty Trust Trading Up 0.2%

EPRT opened at $29.69 on Monday. The firm’s fifty day moving average is $30.71 and its two-hundred day moving average is $30.75. The company has a debt-to-equity ratio of 0.68, a quick ratio of 5.66 and a current ratio of 5.66. The firm has a market cap of $5.88 billion, a PE ratio of 23.94, a price-to-earnings-growth ratio of 2.16 and a beta of 0.98. Essential Properties Realty Trust has a twelve month low of $27.44 and a twelve month high of $33.35.

Essential Properties Realty Trust (NYSE:EPRT) last announced its quarterly earnings results on Wednesday, October 22nd. The company reported $0.48 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.48. Essential Properties Realty Trust had a net margin of 45.25% and a return on equity of 6.38%. The company had revenue of $144.93 million during the quarter, compared to analyst estimates of $140.42 million. During the same quarter in the previous year, the business earned $0.43 EPS. The firm’s revenue was up 23.7% on a year-over-year basis. Essential Properties Realty Trust has set its FY 2026 guidance at 1.980-2.040 EPS and its FY 2025 guidance at 1.870-1.890 EPS. Equities research analysts anticipate that Essential Properties Realty Trust will post 1.83 EPS for the current year.

Essential Properties Realty Trust Company Profile

Essential Properties Realty Trust, Inc (NYSE: EPRT) is a self-administered real estate investment trust that acquires, owns and manages single-tenant commercial properties subject to long-term, triple-net leases. The company’s portfolio primarily consists of small-box retail and industrial assets, including convenience stores, automotive service centers, quick-service restaurants, fitness centers and other necessity-based businesses. Under a triple-net lease structure, tenants assume responsibility for property taxes, insurance and most maintenance expenses, providing Essential Properties with predictable, stable cash flows.

Since its founding in April 2016 and its initial public offering later that year, Essential Properties has pursued a growth strategy focused on partnering with creditworthy tenants operating in densely populated trade areas.