Business Context and Reporting Period
This Form 8-K filing by Essential Properties Realty Trust, Inc. (EPRT) reports a corporate event dated May 27, 2021. The Company is a Maryland corporation with its principal executive offices in Princeton, New Jersey, and its common stock trades on the New York Stock Exchange under the symbol EPRT.
Key Financial Metrics
This filing does not contain comprehensive financial statements, revenue, profit, cash flow, margin, debt, or liquidity metrics. The only financial data disclosed relates to dividend policy:
- Quarterly Dividend: $0.25 per share of common stock.
- Annualized Dividend: $1.00 per share.
- Dividend Increase: 4.2% increase over the first quarter 2021 dividend.
- Payment Date: July 15, 2021.
- Record Date: June 30, 2021.
Material Changes
The primary material change reported is the declaration of a quarterly cash dividend for the second quarter of 2021, representing a 4.2% increase compared to the dividend declared for the first quarter of 2021.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, risk factors, contingencies, or discussion of unusual items beyond the dividend declaration.
Investor Verification Checklist
- Verify the record date of June 30, 2021, to confirm eligibility for the $0.25 per share dividend.
- Confirm the payment date of July 15, 2021, for cash flow planning.
- Review the Company's most recent 10-Q or 10-K filing for comprehensive financial performance data, as this 8-K does not provide revenue or earnings figures.