Essential Properties Realty Trust, Inc. (EPRT) will raise its quarterly dividend by another 4 percent to 26 cents per share in 2021. This comes after a dividend hike of 4.2 percent to 25 cents per share quarterly earlier in 2021. This marks the third consecutive year of dividend increases.

Essential Properties Realty Trust has now raised its annual dividend for 3 consecutive years. If we include this new dividend hike just announced the company will pay an estimated annual dividend of $123 million to its shareholders. This dividend will be paid on January 13, 2022.

Essential Properties Realty Trust is an internally managed real estate company 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. Essential Properties Realty Trust became a public company in 2018 and paid its first quarterly dividend later that year