Essential Properties Realty Trust hikes dividend by 1.7%

Essential Properties Realty Trust (EPRT) will hike its quarterly dividend by 1.7% to $0.30 per share in 2025. 

This marks 7 consecutive years of increases by EPRT. The dividend yield is 3.6% at a stock price of $32.51. The next ex-dividend date will be June 30, 2025.

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.