Essential Properties Realty Trust, Inc.

Essential Properties Realty Trust, Inc.

EPRTยทNYSE

$29.71

-0.87%
Real EstateREIT - Diversified

Essential Properties Realty Trust, Inc., a real estate company, acquires, owns, and manages single-tenant properties in the United States. The company leases its properties to middle-market companies, such as restaurants, car washes, automotive services, medical and dental services, convenience stores, equipment rental, entertainment, early childhood education, grocery, and health and fitness on a long-term basis. As of December 31, 2021, it had a portfolio of 1, 451 properties. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was founded in 2016 and is headquartered in Princeton, New Jersey.

At a Glance

Live Snapshot
Market Cap$6.42B
EPS1.2900
P/E Ratio23.03
Earnings Date07/22/2026
0.00%
Dividend Yield
-100%
3Y-100.0%
5Y-100.0%
10Y-100.0%
0.00%
Dividend Payout Ratio
-100%
3Y-100.0%
5Y-100.0%
10Y-100.0%
3Y+55.0%
5Y+147.0%
10Y-41.0%
Essential Properties Realty Trust, Inc.

Essential Properties Realty Trust, Inc. Dividend History

EPRT ยท NYSE
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%

EPRT Dividend Payment History

EPRT ยท NYSE

Total Payments

32

Latest Dividend

$0.3200

Annual Amount

$1.5400

Frequency

Quarterly

DeclarationEx-DatePayment DateDividendAdjustedFrequencyGrowth
Jun 1, 2026
Jun 30, 2026Jul 14, 2026
$0.3200
$0.3200
Quarterly+3.23%
Mar 6, 2026
Mar 31, 2026Apr 14, 2026
$0.3100
$0.3100
Quarterly0.00%
Dec 5, 2025
Dec 31, 2025Jan 14, 2026
$0.3100
$0.3100
Quarterly+3.33%
Sep 5, 2025
Sep 30, 2025Oct 14, 2025
$0.3000
$0.3000
Quarterly0.00%
May 30, 2025
Jun 30, 2025Jul 14, 2025
$0.3000
$0.3000
Quarterly+1.69%
Mar 10, 2025
Mar 31, 2025Apr 11, 2025
$0.2950
$0.2950
Quarterly0.00%
Dec 9, 2024
Dec 31, 2024Jan 14, 2025
$0.2950
$0.2950
Quarterly+1.72%
Sep 9, 2024
Sep 30, 2024Oct 11, 2024
$0.2900
$0.2900
Quarterly0.00%
Jun 3, 2024
Jun 28, 2024Jul 12, 2024
$0.2900
$0.2900
Quarterly+1.75%
Mar 7, 2024
Mar 29, 2024Apr 12, 2024
$0.2850
$0.2850
Quarterly0.00%
Dec 4, 2023
Dec 29, 2023Jan 12, 2024
$0.2850
$0.2850
Quarterly+1.79%
Sep 7, 2023
Sep 29, 2023Oct 13, 2023
$0.2800
$0.2800
Quarterly0.00%
Jun 9, 2023
Jun 30, 2023Jul 14, 2023
$0.2800
$0.2800
Quarterly+1.82%
Mar 9, 2023
Mar 31, 2023Apr 14, 2023
$0.2750
$0.2750
Quarterly0.00%
Nov 30, 2022
Dec 30, 2022Jan 13, 2023
$0.2750
$0.2750
Quarterly+1.85%
Sep 7, 2022
Sep 30, 2022Oct 14, 2022
$0.2700
$0.2700
Quarterly0.00%
Jun 2, 2022
Jun 30, 2022Jul 14, 2022
$0.2700
$0.2700
Quarterly+3.85%
Mar 14, 2022
Mar 31, 2022Apr 13, 2022
$0.2600
$0.2600
Quarterly0.00%
Dec 6, 2021
Dec 31, 2021Jan 13, 2022
$0.2600
$0.2600
Quarterly+4.00%
Sep 2, 2021
Sep 30, 2021Oct 14, 2021
$0.2500
$0.2500
Quarterly0.00%
Jun 3, 2021
Jun 30, 2021Jul 15, 2021
$0.2500
$0.2500
Quarterly+4.17%
Mar 9, 2021
Mar 31, 2021Apr 15, 2021
$0.2400
$0.2400
Quarterly0.00%
Dec 3, 2020
Dec 31, 2020Jan 15, 2021
$0.2400
$0.2400
Quarterly+4.35%
Sep 8, 2020
Sep 30, 2020Oct 15, 2020
$0.2300
$0.2300
Quarterly0.00%
Jun 15, 2020
Jun 30, 2020Jul 15, 2020
$0.2300
$0.2300
Quarterly0.00%
Mar 18, 2020
Mar 31, 2020Apr 15, 2020
$0.2300
$0.2300
Quarterly0.00%
Dec 9, 2019
Dec 31, 2019Jan 15, 2020
$0.2300
$0.2300
Quarterly+4.55%
Sep 9, 2019
Sep 30, 2019Oct 15, 2019
$0.2200
$0.2200
Quarterly0.00%
Jun 7, 2019
Jun 28, 2019Jul 15, 2019
$0.2200
$0.2200
Quarterly+4.76%
Mar 8, 2019
Mar 29, 2019Apr 16, 2019
$0.2100
$0.2100
Quarterly0.00%
Dec 10, 2018
Dec 31, 2018Jan 14, 2019
$0.2100
$0.2100
Quarterly-6.25%
Sep 5, 2018
Sep 28, 2018Oct 12, 2018
$0.2240
$0.2240
Quarterly-
eprt

Essential Properties Realty Trust, Inc. Payout Ratio Analysis

EPRT ยท NYSE
Dividends Paid
-233.94M
2025
Net Income
253.01M
2025
Payout Ratio
92.46%
2025

Dividend Sustainability Analysis

Payout Ratio
92.46%

Conservative payout with excellent safety margin. Company retains significant earnings for growth, acquisitions, or building cash reserves. Dividend is highly sustainable.

FCF Payout Ratio
61.4%

Solid FCF coverage. Dividend appears sustainable with reasonable cushion for maintaining capital expenditures and handling temporary setbacks.

Dividend Growth
-17.2%

Significant dividend reduction signals serious challenges. Company prioritizing financial stability over shareholder returns. High risk of further cuts.

Sustainability
Good

Sustainable dividend with adequate coverage. Some areas for improvement but overall appears safe for dividend investors.

Key Insight

Recent dividend cut signals distress: Management forced to reduce payout, indicating financial pressure. Evaluate whether business challenges are temporary or structural before reinvesting.