Essential Properties Realty Trust Increases Quarterly Dividend By 1.8% From $0.28 To $0.285 Per Share
Portfolio Pulse from Benzinga Newsdesk
Essential Properties Realty Trust has announced a 1.8% increase in its quarterly dividend, from $0.28 to $0.285 per share, payable on January 12, 2024, to stockholders of record as of December 29, 2023.

December 04, 2023 | 9:22 pm
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Essential Properties Realty Trust has raised its quarterly dividend to $0.285 per share, a 1.8% increase, signaling confidence in its financial stability and commitment to shareholder returns.
Dividend increases are typically viewed positively by the market as they often indicate a company's good financial health and a positive outlook. This modest increase reflects a stable and potentially growing income stream for investors, which could lead to a short-term positive sentiment and an uptick in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100