{"id":793510,"date":"2024-12-09T16:08:56","date_gmt":"2024-12-09T21:08:56","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/essential-properties-realty-trust-inc-increases-quarterly-dividend-to-0-295-per-share-an-increase-of-approximately-2-over-prior-quarter\/"},"modified":"2024-12-09T16:08:56","modified_gmt":"2024-12-09T21:08:56","slug":"essential-properties-realty-trust-inc-increases-quarterly-dividend-to-0-295-per-share-an-increase-of-approximately-2-over-prior-quarter","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/essential-properties-realty-trust-inc-increases-quarterly-dividend-to-0-295-per-share-an-increase-of-approximately-2-over-prior-quarter\/","title":{"rendered":"Essential Properties Realty Trust, Inc. Increases Quarterly Dividend to $0.295 per Share, an Increase of Approximately 2% Over Prior Quarter"},"content":{"rendered":"

<\/p>\n

Essential Properties Realty Trust, Inc. Increases Quarterly Dividend to $0.295 per Share, an Increase of Approximately 2% 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 $0.295 per share of common stock for the fourth quarter of 2024. On an annualized basis the fourth quarter 2024 dividend of $0.295 equals $1.18 per share, an increase of $0.02 per share compared to the previous annualized dividend. The dividend is payable on January 14, 2025, to stockholders of record as of the close of business on December 31, 2024.<\/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 September 30, 2024, the Company\u2019s portfolio consisted of 2,053 freestanding net lease properties with a weighted average lease term of 14.1 years and a weighted average rent coverage ratio of 3.6x. In addition, as of September 30, 2024, the Company\u2019s portfolio was 99.9% leased to 407 tenants operating 583 different concepts in 16 industries across 49 states.<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20241209332595\/en\/<\/a><\/span><\/p>\n

\nInvestor\/Media:
\n
Essential Properties Realty Trust, Inc.
\n
Robert W. Salisbury, CFA
\n
Senior Vice President, Head of Capital Markets
\n
609-436-0619
\n
investors@essentialproperties.com<\/a><\/p>\n

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

INDUSTRY KEYWORDS:<\/b> REIT Finance Professional Services Commercial Building & Real Estate Construction & Property<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
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Essential Properties Realty Trust, Inc. Increases Quarterly Dividend to $0.295 per Share, an Increase of Approximately 2% 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 $0.295 per share of common stock for the fourth quarter of 2024. On an annualized basis the fourth quarter 2024 dividend of $0.295 equals $1.18 per share, an increase of $0.02 per share compared to the previous annualized dividend. The dividend is payable on January 14, 2025, to stockholders of record as of the close of business on December 31, 2024. About Essential Properties Realty Trust, Inc. Essential Properties Realty Trust, Inc. is an internally … <\/p>\n

Continue reading “Essential Properties Realty Trust, Inc. Increases Quarterly Dividend to $0.295 per Share, an Increase of Approximately 2% 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-793510","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nEssential Properties Realty Trust, Inc. 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