PRINCETON, N.J.--(BUSINESS WIRE)--
Essential Properties Realty Trust, Inc. (NYSE: EPRT; the “Company”)
announced today that its Board of Directors declared a quarterly cash
dividend of $0.21 per share of common stock for the first quarter of
2019. The dividend is payable on April 16, 2019 to stockholders of
record as of the close of business on March 29, 2019.
About Essential Properties Realty Trust, Inc.
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. As of
December 31, 2018, the Company’s portfolio consisted of 677 freestanding
net-lease properties with a weighted average lease term of 14.2 years
and a weighted average rent coverage ratio of 2.8x. As of the same date,
the Company’s portfolio was 100% leased to 161 tenants operating 180
different concepts in 15 distinct industries across 43 states.
View source version on businesswire.com: https://www.businesswire.com/news/home/20190308005074/en/
Essential Properties Realty Trust, Inc.
Senior Vice President, Capital Markets
Source: Essential Properties Realty Trust, Inc.