Essential Properties Realty Trust raised its quarterly cash dividend to $0.32 per share for the second quarter of 2026, up about 3% from the prior quarter.
The new payout translates to an annualized dividend of $1.28 per share, an increase of $0.04 from the previous annualized rate.
The dividend will be paid on July 14, 2026, to stockholders of record on June 30, 2026.
As of March 31, 2026, the company’s portfolio included 2,417 freestanding net lease properties. Those properties carried a weighted average lease term of 14.6 years and a weighted average rent coverage ratio of 3.5x. The portfolio was 99.7% leased and spanned 662 different concepts across 48 states. Following these announcements, the company's shares moved -2.26%, and are now trading at a price of $29.89. Check out the company's full 8-K submission here.
