EPR Properties (NYSE:EPR) Shareholders Set to Receive $0.31 Monthly Dividend

EPR Properties (NYSE:EPR) declared a monthly dividend on Tuesday, October 27th. Investors of record on Monday, November 30th will be given a dividend of $0.31 per share by the real estate investment trust on Tuesday, December 15th. This represents a $3.72 dividend on an annualized basis and a yield of 6.7%. The ex-dividend date of this dividend is Monday, November 30th.

EPR Properties has raised its dividend by an average of 0.2% annually over the last three years and has raised its dividend annually for the last 1 consecutive years. EPR Properties has a dividend 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. Research analysts expect EPR Properties to earn $5.50 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 67.6%.

EPR Properties Stock Down 0.9%

Shares of NYSE:EPR opened at $55.50 on Thursday. The company has a quick ratio of 9.51, a current ratio of 9.51 and a debt-to-equity ratio of 1.43. EPR Properties has a 52-week low of $48.10 and a 52-week high of $64.97. The business has a fifty day moving average of $57.38 and a two-hundred day moving average of $57.30. The stock has a market cap of $4.25 billion, a P/E ratio of 17.85, a PEG ratio of 2.16 and a beta of 1.03.

EPR Properties (NYSE:EPR) last released its quarterly earnings results on Wednesday, October 28th. The real estate investment trust reported $1.22 EPS for the quarter, beating the consensus estimate of $0.83 by $0.39. EPR Properties had a net margin of 35.45% and a return on equity of 11.34%. The firm had revenue of $204.10 million for the quarter, compared to analyst estimates of $169.74 million. During the same quarter in the previous year, the company earned $1.37 EPS. The business’s revenue for the quarter was up 12.0% compared to the same quarter last year. On average, research analysts expect that EPR Properties will post 5.38 earnings per share for the current year.

EPR Properties Company Profile

EPR Properties (NYSE:EPR) is a specialty real estate investment trust that owns and leases experiential real estate. The company focuses on properties designed for entertainment, recreation and leisure activities, including movie theaters, ski resorts, waterparks, attractions, fitness and wellness facilities, and other destination-based venues.

EPR generally leases its properties to operators under long-term, often triple-net lease agreements, under which tenants are typically responsible for property-level operating expenses, maintenance, taxes and insurance.