EPR Properties (EPR) will hike its monthly dividend by 10 percent to $0.275 per share in 2022. Last year EPR reinstated its monthly dividend at a 25 cent per share monthly rate versus 38.25 cents earlier. The REIT suspended its monthly dividend in 2020 because of COVID-19, ending 10 consecutive years of increases. 

The next EPR dividend is payable on April 18, 2022 to shareholders of record on March 31, 2022. The next ex-dividend date will be March 30, 2022 and EPR yields 6.6% at a stock price of $51.32.

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. EPR Properties had paid a dividend every year since 1997 before the 2020 dividend suspension.