Postal Realty Trust Declares First Quarter 2025 Dividend
Rhea-AI Summary
Postal Realty Trust (NYSE: PSTL), a REIT managing over 2,100 properties primarily leased to the United States Postal Service, has announced a quarterly dividend of $0.2425 per share on its Class A common stock. The dividend represents a 1.0% increase from the first quarter 2024 dividend.
The dividend will be paid on May 30, 2025 to stockholders of record as of May 1, 2025. The company's portfolio includes various property types, from last-mile post offices to industrial facilities.
Positive
- Dividend increase of 1.0% year-over-year
- Maintains stable dividend payment schedule
- Large portfolio of over 2,100 properties with USPS as primary tenant
Negative
- Modest 1.0% dividend growth rate
News Market Reaction 1 Alert
On the day this news was published, PSTL declined 0.67%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
CEDARHURST, N.Y., April 21, 2025 (GLOBE NEWSWIRE) -- Postal Realty Trust, Inc. (NYSE: PSTL) (the “Company”), an internally managed real estate investment trust that owns and manages over 2,100 properties leased primarily to the United States Postal Service (the “USPS”), ranging from last-mile post offices to industrial facilities, announced today that its board of directors has approved a quarterly dividend on the Company’s Class A common stock in the amount of
About Postal Realty Trust, Inc.
Postal Realty Trust, Inc. is an internally managed real estate investment trust that owns and manages over 2,100 properties leased primarily to the USPS. More information is available at postalrealtytrust.com.
Forward-Looking and Cautionary Statements
This press release contains “forward-looking statements.” Forward-looking statements include statements that are based on various assumptions (some of which are beyond the Company’s control) and may be identified by words such as “could,” “may,” “might,” “will,” “likely,” “anticipates,” “intends,” “plans,” “seeks,” “believes,” “estimates,” “expects,” “continues,” “projects” and similar references to future periods, or by the inclusion of forecasts or projections. Forward-looking statements are based on the Company’s current expectations and assumptions regarding capital market conditions the Company’s business, the economy and other future conditions. Because forward-looking statements relate to the future, by their nature, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. As a result, the Company’s actual results may differ materially from those contemplated by the forward-looking statements. Important factors that could cause actual results to differ materially from those in the forward-looking statements include the USPS’s terminations or non-renewals of leases, changes in demand for postal services delivered by the USPS, the solvency and financial health of the USPS, competitive, financial market and regulatory conditions, general real estate market conditions, the Company’s competitive environment and other factors set forth under “Risk Factors” in the Company’s filings with the Securities and Exchange Commission. Any forward-looking statement made in this press release speaks only as of the date on which it is made. The Company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments or otherwise.
Contact:
Investor Relations and Media Relations
Email: Investorrelations@postalrealtytrust.com
Phone: (516) 232-8900
FAQ
What is the new quarterly dividend amount for Postal Realty Trust (PSTL) in Q1 2025?
When is the payment date for PSTL's Q1 2025 dividend?
How much did Postal Realty Trust increase its dividend compared to Q1 2024?
How many properties does Postal Realty Trust (PSTL) currently manage?
