EPR Properties to Issue Monthly Dividend of $0.31 (NYSE:EPR)

EPR Properties (NYSE:EPR) declared a monthly dividend on Thursday, August 13th. Investors of record on Monday, August 31st will be paid a dividend of 0.31 per share by the real estate investment trust on Tuesday, September 15th. This represents a c) dividend on an annualized basis and a yield of 6.0%. The ex-dividend date of this dividend is Monday, August 31st.

EPR Properties has increased its dividend by an average of 0.2%annually over the last three years and has raised its dividend every year for the last 1 years. EPR Properties has a payout ratio of 126.1% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Analysts expect EPR Properties to earn $5.53 per share next year, which means the company should continue to be able to cover its $3.72 annual dividend with an expected future payout ratio of 67.3%.

EPR Properties Stock Up 0.5%

NYSE:EPR opened at $61.73 on Friday. The firm’s 50 day simple moving average is $60.23 and its 200 day simple moving average is $57.40. The company has a debt-to-equity ratio of 1.43, a current ratio of 9.51 and a quick ratio of 9.51. EPR Properties has a one year low of $48.10 and a one year high of $64.97. The company has a market cap of $4.73 billion, a PE ratio of 19.85, a P/E/G ratio of 2.36 and a beta of 1.02.

EPR Properties (NYSE:EPR) last posted its earnings results on Wednesday, July 29th. The real estate investment trust reported $0.79 earnings per share for the quarter, topping analysts’ consensus estimates of $0.74 by $0.05. EPR Properties had a net margin of 35.45% and a return on equity of 11.34%. The firm had revenue of $196.08 million for the quarter, compared to analyst estimates of $158.13 million. During the same period in the previous year, the firm posted $1.26 EPS. The company’s revenue for the quarter was up 30.4% compared to the same quarter last year. EPR Properties has set its FY 2026 guidance at 5.410-5.570 EPS. On average, research analysts anticipate that EPR Properties will post 5.34 earnings per share for the current year.

About EPR Properties

EPR Properties is a real estate investment trust that specializes in experiential properties across the United States, Canada and select international markets. Established in 1997 and headquartered in Kansas City, Missouri, the company targets properties in the entertainment, recreation and education sectors. Its portfolio includes movie theaters, ski resorts, family entertainment centers, charter schools and other venues that benefit from consumer-driven experiences.

The trust employs long-term, triple-net lease agreements, where tenants are responsible for real estate taxes, insurance and maintenance.