Business Context and Reporting Period
This Form 8-K filing by Essential Properties Realty Trust, Inc. (EPRT) was submitted on June 2, 2022. The report details a corporate action taken by the Board of Directors regarding the declaration of a quarterly cash dividend for the second quarter of 2022.
Key Financial Metrics
The filing does not provide comprehensive financial statements, revenue, profit, cash flow, margins, debt, or liquidity metrics. The only specific financial data disclosed relates to the dividend declaration:
- Quarterly Dividend: $0.27 per share of common stock.
- Annualized Dividend: $1.08 per share of common stock.
- Payment Date: July 14, 2022.
- Record Date: June 30, 2022.
Material Changes
The filing does not disclose material changes in revenue, operating results, or financial position compared to prior periods. The primary event is the declaration of the dividend, which represents a commitment to distribute cash to shareholders.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, risk factors, or discussion of contingencies beyond the standard dividend announcement. No unusual items were reported in this specific document.
Investor Verification Checklist
- Verify the record date (June 30, 2022) to confirm eligibility for the dividend payment.
- Confirm the payment date (July 14, 2022) for cash flow planning.
- Review the attached Press Release (Exhibit 99.1) for any additional context regarding the dividend decision.
- Note that this filing does not contain updated financial performance data; refer to the most recent 10-Q or 10-K for operational metrics.