Postal Realty Trust's latest quarterly dividend was on Oct 31, 2023 (ex-date) with a payout of $0.238 per share. On an annualized basis, the company has a current payout of $0.95 per share. This brings the dividend yield to 6.51% based on its recent close price.
PSTL has a dividend yield of 6.51% which is lower than the Real Estate sector and the industry average. But in comparison with the Real Estate sector average of 6.54%, Postal Realty Trust's dividend yield is only 0.5% lower.
Postal Realty Trust has been paying dividends since 2019. PSTL has distributed four quarterly dividends in the past year. The annualized dividend per share has an increase of 2.6% since twelve months ago. And with the price of the stock down by 4.5% from a year ago, the dividend yield has an increase of 7%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Oct 31, 2023 | Nov 30, 2023 | Oct 23, 2023 | $0.238 | normal |
| Aug 4, 2023 | Aug 31, 2023 | Jul 26, 2023 | $0.238 | normal |
| May 4, 2023 | May 31, 2023 | Apr 24, 2023 | $0.238 | normal |
| Feb 14, 2023 | Feb 28, 2023 | Feb 1, 2023 | $0.238 | normal |
| Nov 4, 2022 | Nov 28, 2022 | Oct 26, 2022 | $0.235 | normal |
| Aug 5, 2022 | Aug 26, 2022 | Jul 27, 2022 | $0.233 | normal |
| May 12, 2022 | May 27, 2022 | Apr 28, 2022 | $0.23 | normal |
| Feb 14, 2022 | Feb 28, 2022 | Feb 1, 2022 | $0.228 | normal |
| Nov 12, 2021 | Nov 30, 2021 | Nov 4, 2021 | $0.225 | normal |
| Aug 12, 2021 | Aug 27, 2021 | Jul 27, 2021 | $0.223 | normal |
| May 13, 2021 | May 28, 2021 | Apr 30, 2021 | $0.22 | normal |
| Feb 11, 2021 | Feb 26, 2021 | Jan 29, 2021 | $0.218 | normal |
| Nov 13, 2020 | Nov 30, 2020 | Oct 30, 2020 | $0.215 | normal |
| Aug 13, 2020 | Aug 31, 2020 | Jul 30, 2020 | $0.205 | normal |
| May 8, 2020 | May 29, 2020 | Apr 30, 2020 | $0.2 | normal |
| Feb 13, 2020 | Feb 28, 2020 | Jan 30, 2020 | $0.17 | normal |
| Nov 14, 2019 | Dec 2, 2019 | Nov 5, 2019 | $0.14 | normal |
| Jul 8, 2019 | Jul 31, 2019 | Jun 26, 2019 | $0.063 | special |
PSTL has a payout ratio of 791.7% which is higher than the Real Estate sector and the industry average. If we compare it with the Real Estate sector average of 149.6%, Postal Realty Trust's payout ratio is 429% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| OPI Office Properties Income Trust | 21.07% | $1.3 | N/A |
| OLP One Liberty Properties Inc | 8.29% | $1.8 | 165.1% |
| PSTL Postal Realty Trust Inc | 6.48% | $0.95 | 791.7% |
Yes, Postal Realty Trust has paid four dividends in the last twelve months. PSTL has been paying dividends since 2019.
At this point we don't have a record of PSTL's next dividend date, but based on the current dividend schedule we project that it will likely be in January 2024.
Postal Realty Trust's last dividend ex-date was on Oct 31, 2023. The dividend amount was $0.238 per share.
On an annual basis PSTL pays $0.95 per share.
The current dividend yield of Postal Realty Trust is 6.51%.
Postal Realty Trust pays four dividends per year.
The dividend payout ratio of Postal Realty Trust is 791.7%.
Postal Realty Trust's dividend yield is in line with the Real Estate sector average.