Essential Properties Realty Trust, Inc 8-K, filed Dec 4, 2020
Essential Properties Realty Trust, Inc. (EPRT)
8-K
2020-12-04
For: 2020-12-03
View Original
Added on
April 06, 2026
About this 8-K
Essential Properties Realty Trust, Inc filed this 8-K on December 4, 2020, reporting on events of December 3, 2020.
Items reported
- Item 8.01: Other events
- Item 9.01: Financial statements and exhibits
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
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of the Securities Exchange Act of 1934
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
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Item 8.01. Other Events.
On December 3, 2020, the Board of Directors of Essential Properties Realty Trust, Inc. (the "Company") declared a quarterly cash dividend of $0.24 per share of common stock for the fourth quarter of 2020. This equates to an annualized dividend of $0.96 per share of common stock and represents an increase of $0.04 per share over the previous annualized dividend. The dividend is payable on January 15, 2021 to stockholders of record as of the close of business on December 31, 2020. A copy of this press release is attached hereto as Exhibit 99.1 and incorporated herein by reference.
Item 9.01 — Financial Statements and Exhibits.
(d) Exhibits.
| Exhibit No. | Description | |||||||
| Press Release dated December 3, 2020 | ||||||||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). | |||||||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: December 3, 2020 | ESSENTIAL PROPERTIES REALTY TRUST, INC. | |||||||
| By: | /s/ Mark E. Patten | |||||||
Mark E. Patten | ||||||||
Chief Financial Officer, Treasurer and Executive Vice President | ||||||||
Exhibit 99.1
Essential Properties Realty Trust, Inc. Increases Quarterly Dividend to $0.24 per Share, a 4.3% Increase Over Prior Quarter
December 3, 2020
PRINCETON, N.J.—(BUSINESS WIRE)—Essential Properties Realty Trust, Inc. (NYSE: EPRT; the “Company”) announced today that its Board of Directors declared a quarterly cash dividend of $0.24 per share of common stock for the fourth quarter of 2020. This equates to an annualized dividend of $0.96 per share of common stock and represents an increase of $0.04 per share over the previous annualized dividend. The dividend is payable on January 15, 2021 to stockholders of record as of the close of business on December 31, 2020.
About Essential Properties Realty Trust, Inc.
Essential Properties Realty Trust, Inc. is an internally managed REIT that acquires, owns and manages primarily single- tenant properties that are net leased on a long-term basis to companies operating service-oriented or experience-based businesses. As of September 30, 2020, the Company’s portfolio consisted of 1,096 freestanding net lease properties with a weighted average lease term of 14.6 years and a weighted average rent coverage ratio of 2.8x. As of the same date, the Company’s portfolio was 99.4% leased to 214 tenants operating 300 different concepts in 16 industries across 43 states.
Investor/Media:
Essential Properties Realty Trust, Inc.
Daniel Donlan
Senior Vice President, Capital Markets
609-436-0626
info@essentialproperties.com
Source: Essential Properties Realty Trust, Inc.