Essential Properties sets Q3 2026 dividend at $0.32
Essential Properties Realty Trust (EPRT) declared a $0.32 Q3 2026 dividend and highlighted a largely leased, long-duration net lease portfolio.
Rhea-AI Filing Summary
Essential Properties Realty Trust, Inc. (EPRT) announced that its Board of Directors declared a quarterly cash dividend of $0.32 per share of common stock for the third quarter of 2026, representing an annualized dividend of $1.28 per share. The dividend is payable on October 14, 2026 to stockholders of record as of the close of business on September 30, 2026.
Essential Properties Realty Trust is an internally managed REIT focused on long-term net leases to service-oriented and experience-based businesses. As of June 30, 2026, the portfolio consisted of 2,493 freestanding net lease properties with a weighted average lease term of 14.3 years and a weighted average rent coverage ratio of 3.5x, and was 99.6% leased to tenants operating 715 concepts across 48 states.
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8-K Event Classification
2 items: 8.01, 9.01
2 items
Item 8.01
Other Events
Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Key Figures
Quarterly dividend per share: $0.32 per share
Annualized dividend per share: $1.28 per share
Dividend payment date: October 14, 2026
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8 metrics
Quarterly dividend per share
$0.32 per share
Cash dividend for the third quarter of 2026
Annualized dividend per share
$1.28 per share
Annualized based on Q3 2026 dividend
Dividend payment date
October 14, 2026
Payable date for Q3 2026 dividend
Dividend record date
September 30, 2026
Record date for Q3 2026 dividend eligibility
Number of properties
2,493 properties
Freestanding net lease properties as of June 30, 2026
Weighted average lease term
14.3 years
Portfolio lease term as of June 30, 2026
Weighted average rent coverage ratio
3.5x
Portfolio rent coverage as of June 30, 2026
Portfolio leased percentage
99.6%
Portion of properties leased as of June 30, 2026
Key Terms
internally managed REIT, net leased, weighted average lease term, weighted average rent coverage ratio, +1 more
5 terms
internally managed REIT financial
"Essential Properties Realty Trust, Inc. is an internally managed REIT that acquires"
net leased financial
"single-tenant properties that are net leased on a long-term basis to companies"
A net leased property is a real estate arrangement where the tenant not only pays rent but also covers some or all ongoing property costs like taxes, insurance, and maintenance. For investors this matters because it makes income more predictable and lowers the landlord’s operating expenses and risk—similar to renting a car where the renter also pays for fuel and upkeep, leaving the owner with steadier, more passive returns.
weighted average lease term financial
"with a weighted average lease term of 14.3 years and a weighted average"
Weighted average lease term is the average remaining length of all leases in a property or group of properties, calculated so leases that pay more rent count more than small ones. It matters to investors because a longer weighted average lease term means steadier, more predictable rental income and less near-term risk of vacancies or renegotiations—think of it like the average remaining time on a group of paid subscriptions, weighted by subscription size.
weighted average rent coverage ratio financial
"with a weighted average lease term of 14.3 years and a weighted average rent coverage ratio of 3.5x"
freestanding net lease properties financial
"the Company’s portfolio consisted of 2,493 freestanding net lease properties with a"
FAQ
What dividend did EPRT declare for the third quarter of 2026?
Essential Properties Realty Trust declared a quarterly cash dividend of $0.32 per share of common stock for the third quarter of 2026, which on an annualized basis equals $1.28 per share.
When will EPRT’s Q3 2026 dividend be paid and what is the record date?
The Q3 2026 dividend will be payable on October 14, 2026 to stockholders of record as of the close of business on September 30, 2026.
What type of company is Essential Properties Realty Trust (EPRT)?
Essential Properties Realty Trust 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.
How large is EPRT’s property portfolio as of June 30, 2026?
As of June 30, 2026, Essential Properties Realty Trust’s portfolio consisted of 2,493 freestanding net lease properties that were 99.6% leased to tenants operating 715 different concepts across 48 states.
What is the weighted average lease term of EPRT’s portfolio?
As of June 30, 2026, the portfolio had a weighted average lease term of 14.3 years, reflecting long-duration leases typical of the company’s net lease strategy.
What is EPRT’s weighted average rent coverage ratio?
As of June 30, 2026, Essential Properties Realty Trust reported a weighted average rent coverage ratio of 3.5x across its portfolio, indicating tenant-level operating performance relative to rent obligations.
AI-generated analysis. How Rhea-AI works. Not financial advice.
