EPR Properties (EPR) to Issue Monthly Dividend of $0.31 on August 17th

EPR Properties (NYSE:EPR) declared a monthly dividend on Wednesday, July 15th. Shareholders of record on Friday, July 31st will be given a dividend of 0.31 per share by the real estate investment trust on Monday, August 17th. This represents a c) annualized dividend and a yield of 5.8%. The ex-dividend date is Friday, July 31st.

EPR Properties has raised its dividend by an average of 0.2%annually over the last three years and has increased its dividend every year for the last 1 years. EPR Properties has a dividend payout ratio of 126.1% indicating that 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 Price Performance

Shares of NYSE:EPR opened at $64.40 on Wednesday. The company’s fifty day moving average is $59.26 and its two-hundred day moving average is $56.78. The company has a quick ratio of 7.85, a current ratio of 7.85 and a debt-to-equity ratio of 1.27. EPR Properties has a 12-month low of $48.10 and a 12-month high of $64.69. The company has a market cap of $4.93 billion, a P/E ratio of 19.94, a price-to-earnings-growth ratio of 2.56 and a beta of 1.02.

EPR Properties (NYSE:EPR) last issued its earnings results on Wednesday, May 6th. The real estate investment trust reported $0.74 EPS for the quarter, missing the consensus estimate of $0.76 by ($0.02). EPR Properties had a return on equity of 11.68% and a net margin of 37.50%.The business had revenue of $181.25 million during the quarter, compared to analyst estimates of $150.01 million. During the same period last year, the business earned $1.21 EPS. The business’s quarterly revenue was up 3.6% on a year-over-year basis. EPR Properties has set its FY 2026 guidance at 5.370-5.530 EPS. Equities analysts expect that EPR Properties will post 5.31 earnings per share for the current fiscal 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.