EPR Properties (EPR) will raise its monthly dividend by 6.3 percent to $0.34 per share in 2017.
The dividend of $0.34 per common share is payable February 15, 2017 to shareholders of record on January 31, 2017 and marks the seventh consecutive year with an annual dividend increase.
Gregory Silvers, President and CEO, commented, "We are pleased to announce the Company's seventh consecutive significant annual dividend increase. Today's announcement reflects the strength of our portfolio and supports our positive growth outlook."
EPR Properties is a specialty real estate investment trust (REIT) that invests in entertainment, education and recreation properties. EPR has investments in megaplex theatres, entertainment retail centers, family entertainment centers, public charter schools, early education centers, K-12 private schools, ski areas, waterparks, golf entertainment complexes and other recreational real estate.