Essential Properties Realty Trust, Inc. announced on September 4, 2026, that its Board of Directors has declared a quarterly cash dividend of $0.32 per share of common stock. This dividend is designated for the third quarter of 2026.
The company noted that the dividend represents an annualized rate of $1.28 per share. The payment is scheduled to be made on October 14, 2026, to stockholders of record as of the close of business on September 30, 2026.
According to the filing, Essential Properties Realty Trust is an internally managed real estate investment trust (REIT) that acquires, owns, and manages single-tenant properties. As of June 30, 2026, the company’s portfolio consisted of 2,493 freestanding net lease properties. The portfolio had a weighted average lease term of 14.3 years and a weighted average rent coverage ratio of 3.5x. Additionally, the portfolio was reported to be 99.6% leased to tenants operating 715 different concepts across 48 states.