Essential Properties Realty Trust As of June 21, 2022 ticker dps (an.) 2022 hike 2021 hike 2020 hike
EPRT $1.08 3.8% 8.3% 4.3%
Business yield Hike yrs 5 yr CAGR freq. paid since
Single-Tenant Properties 5.2% 4 N/A Quarter 2018
Essential Properties Realty Trust hikes dividend by 3.8%

Essential Properties Realty Trust, Inc. (EPRT) today announced that it will raise its quarterly dividend by 3.8 percent to 27 cents per share. The increased EPRT dividend is payable on July 14, 2022, to stockholders of record as of the close of business on June 30, 2022. A new annual dividend rate of $1.08 per share yields 4.7% to EPRT shareholders at a stock price of $23.08.

In 2021 real estate company EPRT announced two dividend hikes for a total increase of 8.3 percent. This 2022 dividend will mark the 4th consecutive year of dividend increases. If we include this new dividend hike just announced the company will pay an estimated annual dividend of $131 million to its shareholders.

Essential Properties Realty Trust, Inc. 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.

Dividend Calendar

Look at the complete list of upcoming events
Ex-date Ticker Yield YTD hike
Jul 05 CSCO 3.4% 2.7%
Jul 05 CMCSA 2.8% 8.0%
Jul 05 DGX 2.0% 6.5%
Jul 05 GPS 6.8% 25.0%
Jul 05 JPM 3.5% 0.0%
Jul 06 CPB 3.1% 0.0%
Jul 06 SRE 3.2% 4.1%
Jul 07 ROP 0.6% 0.0%
Jul 07 MA 0.6% 0.0%
Jul 07 NTAP 3.1% 0.0%