EPRT - Mergers and acquisitions

Essential Properties Realty Trust, Inc. (NYSE:EPRT, the "Company")) announced today that its Board of Directors declared a quarterly cash dividend of $0.32 per share of common stock for the second quarter of 2026. The second quarter 2026 dividend represents an annualized dividend of $1.28 per share of common stock, an increase of $0.04 per share compared to the previous annualized dividend. The dividend is payable on July 14, 2026, to stockholders of record as of the close of business on June 30, 2026. About Essential Properties Realty Trust, Inc. Essential Properties Realty Trust, Inc. is an internally managed REIT that acquires, owns and manages primarily single-tenant properties that

Essential Properties Realty Trust, Inc. (NYSE:EPRT, the "Company")) announced today that its Board of Directors declared a quarterly cash dividend of $0.31 per share of common stock for the first quarter of 2026. On an annualized basis, the first quarter 2026 dividend of $0.31 equals $1.24 per share of common stock. The dividend is payable on April 14, 2026, to stockholders of record as of the close of business on March 31, 2026. About Essential Properties Realty Trust, Inc. Essential Properties Realty Trust, Inc. is an internally managed REIT that acquires, owns and manages primarily single-tenant properties that are net leased on a long-term basis to companies operating service-oriented

Essential Properties Realty Trust, Inc. (NYSE:EPRT, the "Company")) announced today that 95.982458% of the dividends paid to common shareholders for the 2025 tax year are classified for federal income tax purposes as a taxable distribution. The tax attributes of the common stock dividends paid per share are outlined below. CUSIP: 29670E107 Ordinary Income Capital Gain Ex-Dividend /Record Date PayableDate Distributionper Share Total Non-Qualified Qualified Total UnrecapturedSec. 1250 Return ofCapital Sec. 199ADividends 3/31/2025 4/11/2025 $0.2950   $0.2831 $0.2829 $0.0002   $0.0000 $0.0000   $0.0119  

Essential Properties Realty Trust, Inc. (NYSE:EPRT, the "Company")) announced today that its Board of Directors declared a quarterly cash dividend of $0.31 per share of common stock for the fourth quarter of 2025. The fourth quarter 2025 dividend represents an annualized dividend of $1.24 per share of common stock, an increase of $0.04 per share compared to the previous annualized dividend. The dividend is payable on January 14, 2026, to stockholders of record as of the close of business on December 31, 2025. About Essential Properties Realty Trust, Inc. Essential Properties Realty Trust, Inc. is an internally managed REIT that acquires, owns and manages primarily single-tenant properties

Essential Properties Realty Trust, Inc. (NYSE:EPRT, the "Company")) announced today that its Board of Directors declared a quarterly cash dividend of $0.30 per share of common stock for the third quarter of 2025. On an annualized basis the third quarter 2025 dividend of $0.30 equals $1.20 per share of common stock. The dividend is payable on October 14, 2025, to stockholders of record as of the close of business on September 30, 2025. About Essential Properties Realty Trust, Inc. Essential Properties Realty Trust, Inc. is an internally managed REIT that acquires, owns and manages primarily single-tenant properties that are net leased on a long-term basis to companies operating service-o

Essential Properties Realty Trust, Inc. (NYSE:EPRT), today announced that the Board of Directors (the "Board") has elected Ms. Kristin L. Smallwood to serve on the company's Board. With this election, the Board consists of eight members, seven of whom are independent. "On behalf of our Board and EPRT, I am pleased to welcome Kristin to the Board," said Scott A. Estes, Chairman of the Board of EPRT. "Kristin gained experience through her long tenure as a partner at PricewaterhouseCoopers ("PwC"), where she served as the leader of PwC's US Automotive Assurance Sector for four years and served numerous publicly traded audit clients. Kristin will bring unique perspective through her knowledge

Essential Properties Realty Trust, Inc. (NYSE:EPRT, the "Company")) announced today that its Board of Directors declared a quarterly cash dividend of $0.30 per share of common stock for the second quarter of 2025. On an annualized basis the second quarter 2025 dividend of $0.30 equals $1.20 per share, an increase of $0.02 per share compared to the previous annualized dividend. The dividend is payable on July 14, 2025, to stockholders of record as of the close of business on June 30, 2025. About Essential Properties Realty Trust, Inc. Essential Properties Realty Trust, Inc. is an internally managed REIT that acquires, owns and manages primarily single-tenant properties that are net lease

Today, Essential Properties Realty Trust, Inc. (NYSE:EPRT) (the "Company" or "EPRT") announced the promotion of three executives. Max Jenkins has been promoted to EVP, Chief Operating Officer. AJ Peil, CFA has been promoted to EVP, Chief Investment Officer. Robert Salisbury, CFA has been promoted to SVP, Head of Corporate Finance and Strategy. Pete Mavoides, the Company's President and Chief Executive Officer, said, "We are pleased to recognize these three senior leaders for their contributions as partners in the business. As the Company has grown, we have broadened the executive team to strengthen our foundation for sustained growth and long-term shareholder value creation." About Essent

Essential Properties Realty Trust, Inc. (NYSE:EPRT, the "Company")) announced today that its Board of Directors declared a quarterly cash dividend of $0.295 per share of common stock for the first quarter of 2025. This represents an annualized dividend of $1.18 per share of common stock. The dividend is payable on April 11, 2025, to stockholders of record as of the close of business on March 31, 2025. About Essential Properties Realty Trust, Inc. Essential Properties Realty Trust, Inc. is an internally managed REIT 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 businesse

Essential Properties Realty Trust, Inc. (NYSE:EPRT, "Essential Properties" or the "Company")), announced today that the Company has closed an amendment to its existing senior unsecured credit facility. After giving effect to the amendment, the Company's amended and restated credit facility consists of a $1.0 billion unsecured revolving credit facility and three existing term loans with a combined balance of $1.3 billion. The revolving credit facility matures in February 2029, with an option to extend the maturity date to February 2030. The amendment increases and extends the Company's previous $600 million unsecured revolving credit facility which was set to mature in February 2026. Mark

Essential Properties Realty Trust, Inc. (NYSE:EPRT, the "Company")) announced today that 92.6580% of the dividends paid to common shareholders for the 2024 tax year are classified for federal income tax purposes as a taxable distribution. The tax attributes of the common stock dividends paid per share are outlined below. CUSIP: 29670E107 Record Date   Payment Date   Rate Per Share   Ordinary Dividends   Qualified Dividends (Amount included in Ordinary Dividends)   Section 199A Dividends (Amount included in Ordinary Dividends)   Non-Dividend Distribution 3/29/24   4/12/24   $

Essential Properties Realty Trust, Inc. (NYSE:EPRT, the "Company")) announced today that its Board of Directors declared a quarterly cash dividend of $0.295 per share of common stock for the fourth quarter of 2024. On an annualized basis the fourth quarter 2024 dividend of $0.295 equals $1.18 per share, an increase of $0.02 per share compared to the previous annualized dividend. The dividend is payable on January 14, 2025, to stockholders of record as of the close of business on December 31, 2024. About Essential Properties Realty Trust, Inc. Essential Properties Realty Trust, Inc. is an internally managed REIT that acquires, owns and manages primarily single-tenant properties that are

Essential Properties Realty Trust, Inc. (NYSE:EPRT, the "Company"))) announced today that its Board of Directors declared a quarterly cash dividend of $0.29 per share of common stock for the third quarter of 2024. This represents an annualized dividend of $1.16 per share of common stock. The dividend is payable on October 11, 2024, to stockholders of record as of the close of business on September 30, 2024. About Essential Properties Realty Trust, Inc. Essential Properties Realty Trust, Inc. is an internally managed REIT 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 bus

Today, Essential Properties Realty Trust, Inc. (NYSE:EPRT) (the "Company" or "EPRT") announced the closing of an amendment of the Company's Amended and Restated Credit Agreement, which added a new unsecured $450 million up to 5.5-year term loan facility with a delayed draw feature (the "2030 Term Loan"). The 2030 Term Loan initially bears interest at an annual rate of term SOFR plus an applicable margin. If the extension options are fully exercised by the Company, the 2030 Term Loan will mature in January 2030. At closing, the Company drew an initial funding amount of $320 million, a portion of which was used to pay off the outstanding balance on the Company's revolving credit facility. T

Essential Properties Realty Trust, Inc. (NYSE:EPRT, the "Company"))) announced today that its Board of Directors declared a quarterly cash dividend of $0.29 per share of common stock for the second quarter of 2024. On an annualized basis the second quarter 2024 dividend of $0.29 equals $1.16 per share, an increase of $0.02 per share compared to the previous annualized dividend. The dividend is payable on July 12, 2024, to stockholders of record as of the close of business on June 28, 2024. About Essential Properties Realty Trust, Inc. Essential Properties Realty Trust, Inc. is an internally managed REIT that acquires, owns and manages primarily single-tenant properties that are net leas

Essential Properties Realty Trust, Inc. (NYSE:EPRT, the "Company"))) announced today that its Board of Directors declared a quarterly cash dividend of $0.285 per share of common stock for the first quarter of 2024. This represents an annualized dividend of $1.14 per share of common stock. The dividend is payable on April 12, 2024, to stockholders of record as of the close of business on March 29, 2024. About Essential Properties Realty Trust, Inc. Essential Properties Realty Trust, Inc. is an internally managed REIT 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 busin

Gross proceeds of approximately $24 million for ten owned properties Expected to reduce debt by approximately $23 million Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB) ("Red Robin" or the "Company"), a full-service restaurant chain serving an innovative selection of high-quality gourmet burgers in a family-friendly atmosphere, today announced it completed a third Sale-Leaseback transaction with Essential Properties Realty Trust, Inc. (NYSE:EPRT) to sell and simultaneously lease-back ten owned properties. The transaction generated gross proceeds of approximately $24 million. The Company anticipates net proceeds of approximately $23 million will be used to repay debt, pursuant to the Co

Today, Essential Properties Realty Trust, Inc. (NYSE:EPRT) (the "Company" or "EPRT") announced the promotion of two executives. Max Jenkins has been promoted to EVP, Head of Investments. AJ Peil, CFA has been promoted to EVP, Head of Asset Management. Pete Mavoides, the Company's President and Chief Executive Officer, said, "These promotions highlight the impressive performance of two of our senior leaders and serve as recognition for their contributions over their many years with the Company. We're pleased to have a deep bench of talented leaders, including Max and AJ, at the Company, providing the foundation for our differentiated platform to continue to maximize shareholder value over

Essential Properties Realty Trust, Inc. (NYSE:EPRT, the "Company"))) announced today that 86.0340% of the dividends paid to common shareholders for the 2023 tax year are classified for federal income tax purposes as a taxable distribution. The tax attributes of the common stock dividends paid per share are outlined below. CUSIP: 29670E107 Record Date   Payment Date   Rate Per Share   Ordinary Dividends   Qualified Dividends (Amount included in Ordinary Dividends)   Section 199A Dividends (Amount included in Ordinary Dividends)   Non-Dividend Distribution 3/31/23   4/14/23   $0.2750

Essential Properties Realty Trust, Inc. (NYSE:EPRT, the "Company"))) announced today that its Board of Directors declared a quarterly cash dividend of $0.285 per share of common stock for the fourth quarter of 2023. On an annualized basis the fourth quarter 2023 dividend of $0.285 equals $1.14 per share, an increase of $0.02 per share compared to the previous annualized dividend. The dividend is payable on January 12, 2024 to stockholders of record as of the close of business on December 29, 2023. About Essential Properties Realty Trust, Inc. Essential Properties Realty Trust, Inc. is an internally managed REIT that acquires, owns and manages primarily single-tenant properties that are

Essential Properties Realty Trust, Inc. (NYSE:EPRT, the "Company"))) announced today that its Board of Directors declared a quarterly cash dividend of $0.28 per share of common stock for the third quarter of 2023. This represents an annualized dividend of $1.12 per share of common stock. The dividend is payable on October 13, 2023, to stockholders of record as of the close of business on September 29, 2023. About Essential Properties Realty Trust, Inc. Essential Properties Realty Trust, Inc. is an internally managed REIT 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 bu

Gross Proceeds of Approximately $31 Million for Nine Owned Properties Company Marketing Additional Owned Properties for Sale-Leaseback Transaction Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB) ("Red Robin" or the "Company"), a full-service restaurant chain serving an innovative selection of high-quality gourmet burgers in a family-friendly atmosphere, today announced it completed a second Sale-Leaseback transaction with Essential Properties Realty Trust, Inc. (NYSE:EPRT) to sell and simultaneously lease-back nine owned properties. The transaction generated gross proceeds of approximately $31 million. The Company anticipates proceeds will be used to repay debt and fund capital investme

Today, Essential Properties Realty Trust, Inc. (NYSE:EPRT) (the "Company" or "EPRT") announced the recent appointments of Kristin M. Walker as Senior Vice President – Real Estate Counsel and Robert W. Salisbury as Senior Vice President – Capital Markets. Prior to joining EPRT, Ms. Walker most recently practiced as a shareholder with Polsinelli PC, based in their Denver, Colorado office. Ms. Walker has over 17 years of legal experience specializing in commercial real estate transactions, including as lead counsel to national REIT clients in the industrial and retail/net lease markets. Mr. Salisbury has more than 18 years of experience in the real estate industry, beginning with nearly 5-

Today, Essential Properties Realty Trust, Inc. (NYSE:EPRT) (the "Company" or "EPRT") announced the closing of an amendment of the Company's Amended and Restated Credit Agreement, which added a new unsecured $450 million 5.5-year term loan facility (the "2029 Term Loan"). The 2029 Term Loan, if the extension options are fully exercised by the Company, will mature in February 2029. At closing, the Company drew an initial funding amount of $250 million, a portion of which was used to pay-off the Company's $200 million term loan that was due to mature in April 2024. The 2029 Term Loan has a 6-month delayed funding feature, allowing the Company to borrow the remaining $200 million through Febr

Essential Properties Realty Trust, Inc. (NYSE:EPRT, the "Company"))) announced today that its Board of Directors declared a quarterly cash dividend of $0.28 per share of common stock for the second quarter of 2023. On an annualized basis, this dividend of $1.12 per share of common stock represents an increase of $0.02 per share over the previous annualized dividend. The dividend is payable on July 14, 2023, to stockholders of record as of the close of business on June 30, 2023. About Essential Properties Realty Trust, Inc. Essential Properties Realty Trust, Inc. is an internally managed REIT that acquires, owns and manages primarily single-tenant properties that are net leased on a long

Gross Proceeds of Approximately $29 Million for Nine Owned Properties Company Marketing Additional Properties for Sale-Leaseback Transactions Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB) ("Red Robin" or the "Company"), a full-service restaurant chain serving an innovative selection of high-quality gourmet burgers in a family-friendly atmosphere, today announced that it has completed an approximately $29 million Sale-Leaseback transaction with Essential Properties Realty Trust, Inc. (NYSE:EPRT) to sell and simultaneously lease-back nine owned properties. Proceeds from the transaction will be used to repay debt and fund capital investments, pursuant to the Company's Credit Agreement, a

Essential Properties Realty Trust, Inc. (NYSE:EPRT, the "Company"))) announced today that its Board of Directors declared a quarterly cash dividend of $0.275 per share of common stock for the first quarter of 2023. This represents an annualized dividend of $1.10 per share of common stock. The dividend is payable on April 14, 2023 to stockholders of record as of the close of business on March 31, 2023. About Essential Properties Realty Trust, Inc. Essential Properties Realty Trust, Inc. is an internally managed REIT 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 businesse

Today, Essential Properties Realty Trust, Inc. (NYSE:EPRT, the "Company" or "EPRT"))) released its inaugural Corporate Responsibility Report highlighting the Company's Environmental, Social and Governance (ESG) initiatives and progress in 2022 (the ‘2022 Corporate Responsibility Report'). EPRT aligned its 2022 Corporate Responsibility Report with the Sustainability Accounting Standards Board and the Task Force on Climate-related Financial Disclosures standards. "This 2022 Corporate Responsibility Report is an important step in our continued commitment to ESG," said Pete Mavoides, President and CEO of EPRT. "We believe achieving our ESG goals will be a meaningful contributor to maximizing s

Essential Properties Realty Trust, Inc. (NYSE:EPRT, the "Company"))) announced today that its Board of Directors declared a quarterly cash dividend of $0.275 per share of common stock for the fourth quarter of 2022. On an annualized basis, this dividend of $1.10 per share of common stock represents an increase of $0.02 per share over the previous annualized dividend. The dividend is payable on January 13, 2023, to stockholders of record as of the close of business on December 30, 2022. About Essential Properties Realty Trust, Inc. Essential Properties Realty Trust, Inc. is an internally managed REIT that acquires, owns and manages primarily single- tenant properties that are net leased on

Potential for up to 30% Reduction in Carbon Footprint from Sustainability Upgrades Implementing Sustainability Measures Guarantees Energy Savings to EPRT Tenants EPRT is Providing "Green" Capital to Facilitate Sustainability Upgrades   Today, Essential Properties Realty Trust, Inc. (NYSE:EPRT) (the "Company" or "EPRT") announced, as part of its Essential Sustainability strategy, a partnership with Budderfly Inc. ("Budderfly"), the fastest growing Energy-Efficiency-as-a-Service ("EEaaS") provider in the United States. The Company's first sustainability partnership aims to deliver operating savings to its tenants by deploying sustainability upgrades that are estimated to reduce the ca

Essential Properties Realty Trust, Inc. (NYSE:EPRT, the "Company"))) announced today that its Board of Directors declared a quarterly cash dividend of $0.27 per share of common stock for the third quarter of 2022. This represents an annualized dividend of $1.08 per share of common stock. The dividend is payable on October 14, 2022 to stockholders of record as of the close of business on September 30, 2022. About Essential Properties Realty Trust, Inc. Essential Properties Realty Trust, Inc. is an internally managed REIT 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 bus

Essential Properties Realty Trust, Inc. (NYSE:EPRT, the "Company"))) announced today that its Board of Directors declared a quarterly cash dividend of $0.27 per share of common stock for the second quarter of 2022. On an annualized basis, this dividend of $1.08 per share of common stock represents an increase of $0.04 per share over the previous annualized dividend. The dividend is payable on July 14, 2022, to stockholders of record as of the close of business on June 30, 2022. About Essential Properties Realty Trust, Inc. Essential Properties Realty Trust, Inc. is an internally managed REIT that acquires, owns and manages primarily single- tenant properties that are net leased on a long-t

Essential Properties Realty Trust, Inc. (NYSE:EPRT, the "Company"))) announced today that its Board of Directors declared a quarterly cash dividend of $0.26 per share of common stock for the first quarter of 2022. This represents an annualized dividend of $1.04 per share of common stock. The dividend is payable on April 13, 2022 to stockholders of record as of the close of business on March 31, 2022. About Essential Properties Realty Trust, Inc. Essential Properties Realty Trust, Inc. is an internally managed REIT 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 businesse

Essential Properties Realty Trust, Inc. (NYSE:EPRT, the "Company"))) announced today that its Board of Directors declared a quarterly cash dividend of $0.26 per share of common stock for the fourth quarter of 2021. On an annualized basis, this dividend of $1.04 per share of common stock represents an increase of $0.04 per share over the previous annualized dividend. The dividend is payable on January 13, 2022 to stockholders of record as of the close of business on December 31, 2021. About Essential Properties Realty Trust, Inc. Essential Properties Realty Trust, Inc. is an internally managed REIT that acquires, owns and manages primarily single-tenant properties that are net leased on a

Essential Properties Realty Trust, Inc. (NYSE:EPRT, the "Company"))) announced today that its Board of Directors declared a quarterly cash dividend of $0.25 per share of common stock for the third quarter of 2021. This represents an annualized dividend of $1.00 per share of common stock. The dividend is payable on October 14, 2021 to stockholders of record as of the close of business on September 30, 2021. About Essential Properties Realty Trust, Inc. Essential Properties Realty Trust, Inc. is an internally managed REIT 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 bus

Essential Properties Realty Trust, Inc. (NYSE:EPRT, the "Company"))) announced today that it expects its 2021 Adjusted Funds from Operations ("AFFO") on a fully diluted basis to be between $1.24 and $1.28 per share. The Company also announced that its Board of Directors declared a quarterly cash dividend of $0.25 per share of common stock for the second quarter of 2021. The second quarter 2021 dividend represents an annualized dividend of $1.00 per share of common stock and a 4.2% increase over the first quarter 2021 dividend. The dividend is payable on July 15, 2021, to stockholders of record as of the close of business on June 30, 2021. Commenting on the recent announcements, Essential P

- First Quarter Net Income per Share of $0.14 and AFFO per Share of $0.30 - - Closed Investments of $197.8 million at a 7.0% Weighted Average Cash Cap Rate - - Reiterate 2021 AFFO per Share Guidance - Essential Properties Realty Trust, Inc. (NYSE:EPRT, "Essential Properties" or the "Company"))), today announced operating results for the three months ended March 31, 2021. First Quarter 2021 Financial and Operating Highlights Operating Results (as compared to First Quarter 2020):     Investments (74 properties) $ Invested $197.8 million   Weighted Avg Cash Cap Rate 7.0% Net Income per share Decreased by 7% $0.14 Funds from Operations ("FFO

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 $0.24 per share of common stock for the first quarter of 2021. This represents an annualized dividend of $0.96 per share of common stock. The dividend is payable on April 15, 2021 to stockholders of record as of the close of business on March 31, 2021. In addition, the Company announced that it will be hosting its 2021 Annual Meeting of Stockholders on May 17, 2021, at which common stockholders of record as of March 25, 2021 will be entitled to vote on matters presented at the meeting. About Essentia

PRINCETON, N.J.--(BUSINESS WIRE)--Essential Properties Realty Trust, Inc. (NYSE: EPRT; “Essential Properties” or the “Company”), today announced operating results for the three months and year ended December 31, 2020. Fourth Quarter 2020 Financial and Operating Highlights Operating Results:   Investments (108 properties) $ Invested $244.1 million   Weighted Avg Cash Cap Rate 7.1% Net Income per share Decreased by 72% $0.05 Funds from Operations ("FFO") per share Decreased by 7% $0.25 Core Funds from Operations ("Core FFO") per share Decreased by 19% $0.25 Adjusted Funds from Operations