Essential Properties Realty Trust, Inc. Increases Quarterly Dividend From $0.2750 To $0.28
Portfolio Pulse from Benzinga Newsdesk
Essential Properties Realty Trust, Inc. (NYSE:EPRT) has increased its quarterly cash dividend from $0.2750 to $0.28 per share for Q2 2023. The annualized dividend is now $1.12 per share, up $0.02 from the previous rate. The dividend will be payable on July 14, 2023, to stockholders of record as of June 30, 2023.
June 12, 2023 | 8:22 pm
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Essential Properties Realty Trust (EPRT) has increased its quarterly dividend to $0.28 per share, up from $0.2750. The annualized dividend is now $1.12 per share, an increase of $0.02.
The increase in the quarterly dividend is a positive signal for investors, as it indicates the company's confidence in its financial performance and commitment to returning value to shareholders. This news is likely to have a positive impact on EPRT's stock price in the short term, as investors may view the increased dividend as a sign of financial strength and stability.
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