Essential Properties Realty Trust, Inc., a real estate company, acquires, owns, and manages single-tenant properties in the United States. The company leases its properties to middle-market companies, such as restaurants, car washes, automotive services, medical and dental services, convenience stores, equipment rental, entertainment, early childhood education, grocery, and health and fitness on a long-term basis. As of December 31, 2021, it had a portfolio of 1, 451 properties. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was founded in 2016 and is headquartered in Princeton, New Jersey.
Essential Properties Realty Trust Dividend Announcement
• Essential Properties Realty Trust announced a quarterly dividend of $0.29 per ordinary share which will be made payable on 2024-10-11. Ex dividend date: 2024-09-30
• Essential Properties Realty Trust annual dividend for 2024 was $0.86
• Essential Properties Realty Trust annual dividend for 2023 was $1.12
• Essential Properties Realty Trust's trailing twelve-month (TTM) dividend yield is 3.4%
• Essential Properties Realty Trust's payout ratio for the trailing twelve months (TTM) is 97.84%
• Essential Properties Realty Trust's dividend growth over the last five years (2018-2023) was 20.88% year
Essential Properties Realty Trust Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-30 | $0.29 | quarterly | 2024-10-11 |
2024-06-28 | $0.29 | quarterly | 2024-07-12 |
2024-03-27 | $0.28 | quarterly | 2024-04-12 |
2023-12-28 | $0.28 | quarterly | 2024-01-12 |
2023-09-28 | $0.28 | quarterly | 2023-10-13 |
2023-06-29 | $0.28 | quarterly | 2023-07-14 |
2023-03-30 | $0.28 | quarterly | 2023-04-14 |
2022-12-29 | $0.28 | quarterly | 2023-01-13 |
2022-09-29 | $0.27 | quarterly | 2022-10-14 |
2022-06-29 | $0.27 | quarterly | 2022-07-14 |
2022-03-30 | $0.26 | quarterly | 2022-04-13 |
2021-12-30 | $0.26 | quarterly | 2022-01-13 |
2021-09-29 | $0.25 | quarterly | 2021-10-14 |
2021-06-29 | $0.25 | quarterly | 2021-07-15 |
2021-03-30 | $0.24 | quarterly | 2021-04-15 |
2020-12-30 | $0.24 | quarterly | 2021-01-15 |
2020-09-29 | $0.23 | quarterly | 2020-10-15 |
2020-06-29 | $0.23 | quarterly | 2020-07-15 |
2020-03-30 | $0.23 | quarterly | 2020-04-15 |
2019-12-30 | $0.23 | quarterly | 2020-01-15 |
2019-09-27 | $0.22 | quarterly | 2019-10-15 |
2019-06-27 | $0.22 | quarterly | 2019-07-15 |
2019-03-28 | $0.21 | quarterly | 2019-04-16 |
2018-12-28 | $0.21 | quarterly | 2019-01-14 |
2018-09-27 | $0.22 | quarterly | 2018-10-12 |
Essential Properties Realty Trust Dividend per year
Essential Properties Realty Trust Dividend growth
Essential Properties Realty Trust Dividend Yield
Essential Properties Realty Trust current trailing twelve-month (TTM) dividend yield is 3.4%. Interested in purchasing Essential Properties Realty Trust stock? Use our calculator to estimate your expected dividend yield:
Essential Properties Realty Trust Financial Ratios
Essential Properties Realty Trust Dividend FAQ
Other factors to consider when evaluating Essential Properties Realty Trust as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Essential Properties Realty Trust's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Essential Properties Realty Trust publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Essential Properties Realty Trust distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Essential Properties Realty Trust are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Essential Properties Realty Trust sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Essential Properties Realty Trust distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Essential Properties Realty Trust declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Essential Properties Realty Trust's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Essential Properties Realty Trust's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.