{"id":763148,"date":"2023-06-12T16:23:09","date_gmt":"2023-06-12T20:23:09","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/essential-properties-realty-trust-inc-increases-quarterly-dividend-to-0-28-per-share-a-1-8-increase-over-prior-quarter\/"},"modified":"2023-06-12T16:23:09","modified_gmt":"2023-06-12T20:23:09","slug":"essential-properties-realty-trust-inc-increases-quarterly-dividend-to-0-28-per-share-a-1-8-increase-over-prior-quarter","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/essential-properties-realty-trust-inc-increases-quarterly-dividend-to-0-28-per-share-a-1-8-increase-over-prior-quarter\/","title":{"rendered":"Essential Properties Realty Trust, Inc. Increases Quarterly Dividend to $0.28 per Share, a 1.8% Increase Over Prior Quarter"},"content":{"rendered":"

<\/p>\n

Essential Properties Realty Trust, Inc. Increases Quarterly Dividend to $0.28 per Share, a 1.8% Increase Over Prior Quarter<\/b><\/p>\n

PRINCETON, N.J.–(BUSINESS WIRE<\/a>)–
\nEssential Properties Realty Trust, Inc. (NYSE: EPRT; the \u201cCompany\u201d) 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.<\/p>\n

About Essential Properties Realty Trust, Inc.<\/b><\/p>\n

\nEssential 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\u2019s 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\u2019s portfolio was 99.8% leased to 348 tenants operating 556 different concepts in 16 industries across 48 states.<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20230612005070\/en\/<\/a><\/span><\/p>\n

\nInvestor\/Media:
\n
Essential Properties Realty Trust, Inc.
\n
Mark Patten
\n
Executive Vice President, Chief Financial Officer, Treasurer and Secretary
\n
609-436-0613
\n
info@essentialproperties.com<\/a><\/p>\n

KEYWORDS:<\/b> United States North America New Jersey<\/p>\n

INDUSTRY KEYWORDS:<\/b> REIT Other Construction & Property Residential Building & Real Estate Commercial Building & Real Estate Construction & Property<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
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Essential Properties Realty Trust, Inc. Increases Quarterly Dividend to $0.28 per Share, a 1.8% Increase Over Prior Quarter PRINCETON, N.J.–(BUSINESS WIRE)– Essential Properties Realty Trust, Inc. (NYSE: EPRT; the \u201cCompany\u201d) 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, … <\/p>\n

Continue reading “Essential Properties Realty Trust, Inc. Increases Quarterly Dividend to $0.28 per Share, a 1.8% Increase Over Prior Quarter”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-763148","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nEssential Properties Realty Trust, Inc. 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