Essential Properties Realty Trust's most recent quarterly dividend payment of $0.29 per share was made to shareholders on record before Jun 28, 2024. The payout stands at $1.15 per share annually, which works out to a dividend yield of 3.84%.
EPRT has a dividend yield of 3.84% which is lower than the Real Estate sector and the industry average. In comparison with the Real Estate sector average of 5.86%, Essential Properties Realty Trust's dividend yield is 34% lower. The historical 5-year average of EPRT's dividend yield is 4.5%, which is higher than the current one.
Essential Properties Realty Trust has been paying dividends for the last six years. According to our data EPRT has issued five quarterly dividends in the last twelve months. The annualized DPS has grown by 4.5% for the last year. However since the stock price has gone up by 16% from a year ago, the dividend yield has decreased by 10%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Jun 28, 2024 | Jul 12, 2024 | Jun 3, 2024 | $0.29 | normal |
| Jun 12, 2024 | Jun 28, 2024 | Jun 3, 2024 | $0.29 | normal |
| Mar 27, 2024 | Apr 12, 2024 | Mar 7, 2024 | $0.285 | normal |
| Dec 28, 2023 | Jan 12, 2024 | Dec 4, 2023 | $0.285 | normal |
| Sep 28, 2023 | Oct 13, 2023 | Sep 7, 2023 | $0.28 | normal |
| Jun 29, 2023 | Jul 14, 2023 | Jun 12, 2023 | $0.28 | normal |
| Mar 30, 2023 | Apr 14, 2023 | Mar 9, 2023 | $0.275 | normal |
| Dec 29, 2022 | Jan 13, 2023 | Nov 30, 2022 | $0.275 | normal |
| Sep 29, 2022 | Oct 14, 2022 | Sep 7, 2022 | $0.27 | normal |
| Jun 29, 2022 | Jul 14, 2022 | Jun 2, 2022 | $0.27 | normal |
| Mar 30, 2022 | Apr 13, 2022 | Mar 15, 2022 | $0.26 | normal |
| Dec 30, 2021 | Jan 13, 2022 | $0.26 | normal | |
| Sep 29, 2021 | Oct 14, 2021 | Sep 2, 2021 | $0.25 | normal |
| Jun 29, 2021 | Jul 15, 2021 | Jun 3, 2021 | $0.25 | normal |
| Mar 30, 2021 | Apr 15, 2021 | Mar 9, 2021 | $0.24 | normal |
| Dec 30, 2020 | Jan 15, 2021 | Dec 3, 2020 | $0.24 | normal |
| Sep 29, 2020 | Oct 15, 2020 | Sep 8, 2020 | $0.23 | normal |
| Jun 29, 2020 | Jul 15, 2020 | Jun 15, 2020 | $0.23 | normal |
| Mar 30, 2020 | Apr 15, 2020 | Mar 18, 2020 | $0.23 | normal |
| Dec 30, 2019 | Jan 15, 2020 | Dec 9, 2019 | $0.23 | normal |
| Sep 27, 2019 | Oct 15, 2019 | Sep 9, 2019 | $0.22 | normal |
| Jun 27, 2019 | Jul 15, 2019 | Jun 7, 2019 | $0.22 | normal |
| Mar 28, 2019 | Apr 16, 2019 | Mar 8, 2019 | $0.21 | normal |
| Dec 28, 2018 | Jan 14, 2019 | Dec 10, 2018 | $0.21 | normal |
| Sep 27, 2018 | Oct 12, 2018 | Sep 5, 2018 | $0.224 | normal |
EPRT has a payout ratio of 93.5% which is higher than the industry average but lower than the Real Estate sector average. In comparison with the Real Estate sector average of 138.6%, Essential Properties Realty Trust's payout ratio is 33% lower.
Yes, Essential Properties Realty Trust has been paying dividends for the last six years.
Currently EPRT's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in September 2024.
Essential Properties Realty Trust's last dividend ex-date was on Jun 28, 2024. The dividend amount was $0.29 per share.
EPRT's annualized dividend per share is $1.15.
Currently Essential Properties Realty Trust's dividend yield is 3.84%.
Essential Properties Realty Trust has a quarterly dividend frequency.
Essential Properties Realty Trust's dividend payout ratio is 93.5%.
Essential Properties Realty Trust's dividend yield is lower than the Real Estate sector average.