EPR Properties (NYSE:EPR – Get Free Report) announced a monthly dividend on Tuesday, September 15th. Shareholders of record on Wednesday, September 30th will be given a dividend of 0.31 per share by the real estate investment trust on Thursday, October 15th. This represents a c) annualized dividend and a yield of 6.3%. The ex-dividend date of this dividend is Wednesday, September 30th.
EPR Properties has increased its dividend payment by an average of 0.2%annually over the last three years and has raised 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. Equities research analysts expect EPR Properties to earn $5.52 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 67.4%.
EPR Properties Stock Down 0.4%
EPR Properties stock opened at $58.59 on Wednesday. EPR Properties has a twelve month low of $48.10 and a twelve month high of $64.97. The stock has a 50 day moving average of $60.81 and a two-hundred day moving average of $57.99. The company has a current ratio of 9.51, a quick ratio of 9.51 and a debt-to-equity ratio of 1.43. The stock has a market capitalization of $4.49 billion, a price-to-earnings ratio of 18.84, a PEG ratio of 2.25 and a beta of 1.01.
About EPR Properties
EPR Properties (NYSE:EPR) is a specialty real estate investment trust focused on experiential real estate. The company owns and leases properties designed for entertainment, recreation and leisure activities, including multiplex cinemas, eat-and-play venues, cultural attractions, amusement and water parks, ski resorts, and other destination-based properties.
EPR generally leases its properties to operators under long-term agreements, allowing tenants to manage the underlying businesses while EPR focuses on property ownership, investment and portfolio management.
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