EPR Properties (NYSE:EPR – Get Free Report) announced a monthly dividend on Wednesday, April 15th. Investors of record on Thursday, April 30th will be given a dividend of 0.31 per share by the real estate investment trust on Friday, May 15th. This represents a c) dividend on an annualized basis and a yield of 6.7%. The ex-dividend date of this dividend is Thursday, April 30th.
EPR Properties has increased its dividend payment by an average of 0.2%per year 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% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities analysts expect EPR Properties to earn $4.76 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 78.2%.
EPR Properties Trading Down 0.8%
Shares of EPR stock opened at $55.92 on Friday. The stock has a 50-day moving average of $55.30 and a 200-day moving average of $53.52. EPR Properties has a 1-year low of $48.10 and a 1-year high of $62.08. The stock has a market cap of $4.28 billion, a price-to-earnings ratio of 17.10, a PEG ratio of 2.50 and a beta of 1.01. The company has a current ratio of 8.81, a quick ratio of 8.81 and a debt-to-equity ratio of 1.26.
EPR Properties Company Profile
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.
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