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Essential Properties Realty Trust, Inc. Announces 2024 Dividend Tax Status

1. 92.65% of 2024 dividends are taxable distributions. 2. Dividends per share for 2024 are specified, affecting investor returns. 3. Total properties managed: 2,053, indicating robust REIT management.

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Why Bullish?

Stable dividend status may attract income-focused investors, historically boosting stock prices.

How important is it?

Tax-related announcements impact dividend perception, influencing stock price significantly.

Why Short Term?

Immediate tax information influences investor sentiment for upcoming dividends.

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Essential Properties Realty Trust, Inc. Announces 2024 Dividend Tax Status

PRINCETON, N.J.--()--Essential Properties Realty Trust, Inc. (NYSE: EPRT; the “Company”) announced today that 92.6580% of the dividends paid to common shareholders for the 2024 tax year are classified for federal income tax purposes as a taxable distribution. The tax attributes of the common stock dividends paid per share are outlined below.

CUSIP: 29670E107

Record Date Payment Date Rate Per Share Ordinary Dividends Qualified Dividends
(Amount included in Ordinary Dividends)
Section 199A Dividends
(Amount included in Ordinary Dividends)
Non-Dividend Distribution
3/29/24 4/12/24 $0.2850 $0.2641 $0.0001 $0.2639 $0.0209
6/28/24 7/12/24 $0.2900 $0.2687 $0.0001 $0.2686 $0.0213
9/30/24 10/11/24 $0.2900 $0.2687 $0.0001 $0.2686 $0.0213
12/31/24 1/14/25 $0.2950 $0.2733 $0.0001 $0.2732 $0.0217

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, 2024, the Company’s portfolio consisted of 2,053 freestanding net lease properties with a weighted average lease term of 14.1 years and a weighted average rent coverage ratio of 3.6x. In addition, as of September 30, 2024, the Company’s portfolio was 99.9% leased to 407 tenants operating 583 different concepts in 16 industries across 49 states.

Contacts

Investor/Media:
Essential Properties Realty Trust, Inc.
Robert W. Salisbury, CFA
Senior Vice President, Head of Capital Markets
609-436-0619
investors@essentialproperties.com

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