Business Context and Reporting Period
Company: Essential Properties Realty Trust, Inc. (EPRT)
Filing Type: Form 8-K (Current Report)
Date of Report: June 7, 2019
Reporting Period: Dividend declaration for the quarter ending June 30, 2019.
Key Financial Metrics
This filing reports a dividend declaration rather than comprehensive financial performance metrics. Specific values for revenue, profit, cash flow, margins, debt, or liquidity are not provided in this document.
- Quarterly Dividend: $0.22 per share of common stock.
- Annualized Dividend: $0.88 per share.
- Dividend Increase: $0.04 per share over the previous annualized dividend.
- Record Date: June 28, 2019.
- Payment Date: July 15, 2019.
Material Changes
The primary material change reported is the increase in the annualized cash dividend by $0.04 per share compared to the prior period. No other material changes to financial position or operations are detailed in this specific filing.
Guidance, Outlook, and Risks
The filing does not contain forward-looking guidance, management commentary on future outlook, specific risk factors, or contingencies beyond the standard disclosure of the dividend payment schedule.
Investor Verification Checklist
- Verify the stockholder record date of June 28, 2019, to confirm eligibility for the dividend.
- Confirm the payment date of July 15, 2019, for cash flow planning.
- Review the attached press release (Exhibit 99.1) for any additional context regarding the Board's decision.
- Check subsequent filings for the impact of this dividend increase on the company's cash flow and liquidity.