Business Context and Reporting Period
Company: Essential Properties Realty Trust, Inc. (EPRT)
Filing Type: Form 8-K (Current Report)
Date of Report: December 9, 2019
Reporting Period: Quarter ending December 31, 2019
Key Financial Metrics
This filing does not report revenue, profit, cash flow, margins, debt, or liquidity metrics. The report focuses exclusively on a dividend declaration.
- Quarterly Dividend Declared: $0.23 per share
- Annualized Dividend: $0.92 per share
- Dividend Increase: $0.04 per share (annualized basis) over the previous period
- Record Date: December 31, 2019
- Payment Date: January 15, 2020
Material Changes
The Board of Directors declared an increase in the cash dividend. The annualized dividend rate increased by $0.04 per share compared to the prior annualized rate.
Guidance, Outlook, and Risks
The filing contains no management commentary regarding future guidance, outlook, risks, contingencies, or unusual items beyond the dividend announcement.
Investor Verification Checklist
- Verify the record date of December 31, 2019, to confirm eligibility for the dividend.
- Confirm the payment date of January 15, 2020.
- Review the attached press release (Exhibit 99.1) for additional context on the dividend increase.