Postal Realty Trust (PSTL) boosts 2025 AFFO and expands USPS property portfolio

Rhea-AI Filing Summary

Postal Realty Trust reported strong growth for 2025, driven by acquisitions and higher rents on its USPS‑leased portfolio. Rental income rose 27.6% year over year to $93.3 million. Net income attributable to common shareholders was $14.1 million, or $0.47 per diluted share, up from $6.6 million.

Funds from Operations reached $42.4 million, or $1.33 per diluted share, and Adjusted FFO was $42.1 million, or $1.32 per diluted share. The company acquired 216 properties for $123.1 million, expanding its portfolio by about 20% and keeping occupancy at 99.8%.

Management issued initial 2026 guidance for AFFO of $1.39 to $1.41 per diluted share and acquisition volume of $115 million to $125 million. Postal Realty expanded unsecured credit facilities to $555 million and raised equity through its at-the-market program, supporting further growth and balance sheet flexibility.

Positive

• Rental income growth: 2025 rental income increased 27.6% to $93.3 million, reflecting both internal growth and a larger USPS-focused portfolio.
• Strong cash flow and guidance: 2025 AFFO reached $42.1 million ($1.32 per share), with 2026 AFFO guidance of $1.39–$1.41 per diluted share indicating expected continued expansion.
• Accretive scaling: Acquired 216 properties for $123.1 million, growing the portfolio about 20% while maintaining 99.8% occupancy and a weighted average acquisition cash cap rate of ~7.7%.

Negative

• None.

Insights

REIT and income-investing analyst

Strong rental growth, active acquisitions, and rising AFFO support continued expansion.

Postal Realty Trust delivered solid 2025 growth, with rental income up 27.6% to $93.3 million, supported by acquiring 216 USPS-leased properties for $123.1 million. AFFO reached $42.1 million or $1.32 per share, indicating healthy cash flow coverage for dividends.

The portfolio remained 99.8% occupied, and scale increased to 1,917 owned properties with 7.1 million square feet as of December 31, 2025. Initial 2026 guidance targets AFFO of $1.39–$1.41 per share and acquisitions of $115–$125 million, implying continued but measured growth.

On the capital side, net debt was about $361 million with a 4.38% weighted average interest rate, and 89% of debt effectively fixed. Unsecured credit capacity rose to $555 million, and the company raised additional equity via its ATM program, which may modestly dilute but enhances liquidity for future acquisitions.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d)

OF THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): February 24, 2026

POSTAL REALTY TRUST, INC.

(Exact name of registrant as specified in its charter)

Maryland

001-38903

83-2586114

(State or other jurisdiction of Incorporation or organization)

Commission File Number

(I.R.S. Employer Identification No.)

75 Columbia Avenue

Cedarhurst, NY 11516

(Address of principal executive offices and zip code)

(516) 295-7820

(Registrant’s telephone number)

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐			Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐			Soliciting material pursuant to Rule 14a-I2 under the Exchange Act (17 CFR 240.14a-12)
☐			Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.I4d-2(b))
☐			Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Class A Common Stock, par value $0.01 per share

PSTL

New York Stock Exchange

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).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02. Results of Operations and Financial Condition.

Postal Realty Trust, Inc. (the “Company”) issued a press release on February 24, 2026 announcing its financial results for the year ended December 31, 2025. A copy of the press release is furnished herewith and attached hereto as Exhibit 99.1.

The information in this Item 2.02 and Exhibit 99.1 attached hereto shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section and shall not be deemed incorporated by reference in any filing made by the Company under the Securities Act of 1933, as amended, or the Exchange Act except as set forth by specific reference in such filing.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No.						Document
99.1						Press Release of Postal Realty Trust, Inc., dated February 24, 2026.
104						Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURE

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: February 24, 2026

			POSTAL REALTY TRUST, INC.
			By:			/s/ Stephen Bakke
						Name: Stephen Bakke
						Title: Chief Financial Officer

POSTAL REALTY TRUST, INC. REPORTS FOURTH QUARTER AND YEAR END 2025 RESULTS

- Initial 2026 AFFO Guidance of $1.39 to $1.41 per diluted share -

- Initial 2026 Acquisition Volume Guidance of $115 Million to $125 Million -

- Subsequently Expanded Aggregate Unsecured Credit Facilities by $115 Million to $555 Million -

- Subsequent $44.2 Million of Equity Sales via ATM Program -

Cedarhurst, New York, February 24, 2026 (GLOBE NEWSWIRE) — Postal Realty Trust, Inc. (NYSE: PSTL) (the “Company”), an internally managed real estate investment trust that owns and manages over 2,200 properties leased primarily to the United States Postal Service (the “USPS”), ranging from last-mile post offices to industrial facilities, today announced results for the quarter and year ended December 31, 2025.

Highlights for the Quarter Ended December 31, 2025

•Acquired 65 USPS properties for approximately $29.1 million, excluding closing costs

•Net income attributable to common shareholders was $4.6 million, or $0.15 per diluted share

•Funds from Operations ("FFO") was $12.4 million, or $0.37 per diluted share

•Adjusted Funds from Operations ("AFFO") was $11.1 million, or $0.33 per diluted share

Highlights for the Year Ended December 31, 2025

•Acquired 216 properties for approximately $123.1 million, excluding closing costs

•Rental income increased 27.6% from 2024 to 2025, reflecting internal growth and acquisitions

•Net income attributable to common shareholders was $14.1 million, or $0.47 per diluted share

•FFO was $42.4 million, or $1.33 per diluted share

•AFFO was $42.1 million, or $1.32 per diluted share

•Paid aggregate dividends of $0.97 per share for calendar year 2025

•Amended, extended, and expanded unsecured credit facilities to $440 million, extending the revolver maturity date to November 2029 and Term Loan to January 2030

•Raised total gross proceeds of $48.4 million through its at-the-market equity offering program during the year

•Agreed to new rents on all negotiated leases with the USPS for leases that expired and those set to expire in 2026 except for five recent 2025 acquisitions

Highlights Subsequent to December 31, 2025

•Raised the quarterly dividend to $0.2450 per share, a 1.0% increase over the fourth quarter 2024 dividend

•Expanded aggregate unsecured credit facilities by $115 million to $555 million and added The Bank of Nova Scotia as a lender under the Credit Agreement

•Raised $44.2 million of gross proceeds through the at-the-market equity offering program

1

“In 2025, we exceeded expectations across the business, driven by the durability of our portfolio and our differentiated business model," said Andrew Spodek, Chief Executive Officer. "Our success acquiring high quality postal properties last year increased the size of our portfolio by 20%, growth that was supported by the systems and technology investments we’ve made. With ample liquidity to start 2026, we are positioned to continue executing on our growing pipeline of accretive acquisitions. We are confident in the opportunities ahead and the essential role of our critical logistics infrastructure.”

Property Portfolio & Acquisitions

The Company’s owned portfolio was 99.8% occupied with 1,917 properties across 49 states and one territory with approximately 7.1 million net leasable interior square feet and a weighted average rental rate of $11.88 per leasable square foot based on rents in place as of December 31, 2025. The weighted average rental rate consisted of $14.09 per occupied leasable square foot on last-mile and flex properties, and $4.23 on industrial properties.

During the fourth quarter, the Company acquired 65 last-mile and flex properties leased to the USPS for approximately $29.1 million, excluding closing costs, comprising approximately 142,000 net leasable interior square feet at a weighted average rental rate of $16.55 per leasable square foot based on rents in place as of December 31, 2025. For the full year 2025, the Company acquired 216 properties leased to the USPS for approximately $123.1 million, excluding closing costs, comprising approximately 642,000 net leasable interior square feet at a weighted average rental rate of $16.24 per leasable square foot based on rents in place as of December 31, 2025. These acquisitions were completed at a weighted average cash capitalization rate of approximately 7.7%.

Balance Sheet & Capital Markets Activity

As of December 31, 2025, the Company had approximately $2.0 million of cash and property-related reserves, and approximately $361 million of net debt with a weighted average interest rate of 4.38%. At the end of the fourth quarter, 89% of the Company's debt outstanding was set to fixed rates (when taking into account interest rate hedges), and the Company's $150 million revolving credit facility had $111 million undrawn.

Through its at-the-market offering program, the Company issued 807,184 shares of common stock at an average gross sales price of $15.63 per share generating gross proceeds of $12.6 million during the fourth quarter and 3,154,321 shares of common stock at an average gross sales price of $15.34 per share generating gross proceeds of $48.4 million during the year.

Subsequent to quarter end, the Company issued 512,421 shares of common stock through its at-the-market equity offering program at an average price of $16.88 per share for total gross proceeds of $8.6 million. Additionally, the Company entered into forward sales transactions under its at-the-market equity offering program for approximately an additional 2.0 million shares of common stock totaling gross proceeds of approximately $35.6 million at a weighted average price per share of $17.88. All forward shares remained unsettled.

2

On February 20, 2026, the Company entered into an agreement with its lenders under the revolving credit facility to increase commitments pursuant to which (i) the revolving credit facility was increased by $100.0 million to $250.0 million in the aggregate, (ii) the 2028 Term Loan was increased by $15.0 million to $190.0 million in the aggregate (all of which has been advanced to the Company) and (iii) The Bank of Nova Scotia was added as a lender under the Credit Agreement.

Dividend

On January 29, 2026, the Company declared a quarterly dividend of $0.2450 per share of Class A common stock. The dividend equates to $0.98 per share on an annualized basis. The dividend will be paid on February 27, 2026 to stockholders of record as of the close of business on February 13, 2026.

2026 Guidance

2026 Guidance
			Low						High
AFFO per Diluted Share			$1.39			to			$1.41
Acquisition Volume			$115 million			to			$125 million
Cash G&A Expense			$11.5 million			to			$12.5 million

Note: The Company does not provide guidance with respect to the most directly comparable GAAP financial measure or provide reconciliations to GAAP from its forward-looking non-GAAP financial measure of AFFO per share guidance due to the inherent difficulty of forecasting the effect, timing and significance of certain amounts in the reconciliation that would be required by Item 10(e)(1)(i)(B) of Regulation S-K. Examples of these amounts include impairments of assets, gains and losses from sales of assets, and depreciation and amortization from new acquisitions or developments. In addition, certain non-recurring items may also significantly affect net income but are generally adjusted for in AFFO. Based on our historical experience, the dollar amounts of these items could be significant, and could have a material impact on the Company's GAAP results for the guidance period.

Webcast and Conference Call Details

The Company will host a webcast and conference call to discuss the fourth quarter 2025 financial results on on Wednesday, February 25, 2026, at 9:00 A.M. Eastern Time. A live audio webcast of the conference call will be available on the Company’s investor website at https://investor.postalrealtytrust.com/Investors/events-and-presentations/default.aspx. To participate in the conference call, callers from the United States and Canada should dial-in ten minutes prior to the scheduled call time at 1-877-407-9208. International callers should dial 1-201-493-6784.

Replay

3

A telephonic replay of the call will be available starting at 1:00 P.M. Eastern Time on Wednesday, February 25, 2026, through 11:59 P.M. Eastern Time on Wednesday, March 11, 2026, by dialing 1-844-512-2921 in the United States and Canada or 1-412-317-6671 internationally. The passcode for the replay is 13757206.

Non-GAAP Supplemental Financial Information

An explanation of certain non-GAAP financial measures used in this press release, including, FFO, AFFO and net debt, as well as reconciliations of those non-GAAP financial measures, to the most directly comparable GAAP financial measure, is included below.

The Company calculates FFO in accordance with the current National Association of Real Estate Investment Trusts (“NAREIT”) definition. NAREIT currently defines FFO as follows: net income (loss) (computed in accordance with GAAP) excluding depreciation and amortization related to real estate, gains and losses from the sale of certain real estate assets, gains and losses from change in control, and impairment write-downs of certain real estate assets and investments in entities when the impairment is directly attributable to decreases in the value of depreciable real estate held by an entity. Other REITs may not define FFO in accordance with the NAREIT definition or may interpret the current NAREIT definition differently than the Company does and therefore the Company’s computation of FFO may not be comparable to such other REITs.

The Company calculates AFFO by starting with FFO and adjusting for recurring capital expenditures (defined as all capital expenditures and leasing costs that are recurring in nature, excluding expenditures that (i) are for items identified or existing at the time a property was acquired or contributed (including through the Company's formation transactions), (ii) are part of a strategic plan intended to increase the value or revenue-generating ability of a property, (iii) are for replacements of roof or parking lots, (iv) are considered infrequent or extraordinary in nature, or (v) for casualty damage), acquisition-related expenses (defined as expenses that are incurred for investment purposes and business acquisitions and do not correlate with the ongoing operations of the Company's existing portfolio, including due diligence costs for acquisitions not consummated and certain professional fees incurred that were directly related to completed acquisitions or dispositions and integration of acquired business) that are not capitalized, and certain other non-recurring expenses and then adding back non-cash items including: write-off and amortization of deferred financing fees, straight-line rent and other adjustments (including lump sum catch up amounts for increased rents, net of any lease incentives), fair value lease adjustments, non-real estate depreciation and amortization, non-cash components of compensation expense and casualty losses (recoveries) (which beginning in Q2 2025, includes income (expenses) on insurance recoveries from casualties) and, for periods prior to Q2 2025, income (expenses) on insurance recoveries from casualties. AFFO is a non-GAAP financial measure and should not be viewed as an alternative to net income calculated in accordance with GAAP as a measurement of the Company's operating performance. The Company believes that AFFO is widely used by other REITs and is helpful to investors as a meaningful additional measure of the Company's ability to make capital investments. Other REITs may not define AFFO in the same manner as the Company does and therefore the Company's calculation of AFFO may not be comparable to such other REITs.

4

The Company calculates its net debt as total debt less cash and property-related reserves. Net debt as of December 31, 2025 is calculated as total debt of approximately $363.2 million less cash and property-related reserves of approximately $2.0 million.

These metrics are non-GAAP financial measures and should not be viewed as an alternative measurement of the Company’s operating performance to net income. Management believes that accounting for real estate assets in accordance with GAAP implicitly assumes that the value of real estate assets diminishes predictably over time. Since real estate values have historically risen or fallen with market conditions, many industry investors and analysts have considered the presentation of operating results for real estate companies that use historical cost accounting to be insufficient by themselves. As a result, the Company believes that the additive use of FFO and AFFO, together with the required GAAP presentation, is widely-used by the Company’s competitors and other REITs and provides a more complete understanding of the Company’s performance and a more informed and appropriate basis on which to make investment decisions.

Forward-Looking and Cautionary Statements

This press release contains “forward-looking statements.” Forward-looking statements include statements 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, including, among others, statements regarding the Company’s anticipated growth and ability to obtain financing and close on pending transactions on the terms or timing it expects, if at all, 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, disruption in market, 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.

About Postal Realty Trust, Inc.

Postal Realty Trust, Inc. is an internally managed real estate investment trust that owns and manages over 2,200 properties leased primarily to the USPS. More information is available at postalrealtytrust.com.

5

Contact:

Steve Bakke

EVP and Chief Financial Officer

Email: Sbakke@postalrealty.com

Phone: (516) 734-0420

Jordan Cooperstein

Senior Vice President of Finance, Capital Markets

Email: Jcooperstein@postalrealty.com

Phone: (516) 295-7820

6

Postal Realty Trust, Inc.

Consolidated Statements of Operations

(in thousands, except per share data)

			For the Three Months Ended December 31,												For the Twelve Months Ended December 31,
			2025						2024						2025						2024
Revenues:
Rental income			$	25,403					$	20,403					$	93,305					$	73,143
Fee and other			593						965						2,518						3,229
Total revenues			25,996						21,368						95,823						76,372
Operating expenses:
Real estate taxes			3,039						2,676						11,326						9,850
Property operating expenses			2,904						2,117						9,704						9,124
General and administrative			4,189						3,912						17,192						16,008
Casualty and impairment (gains) losses, net			(677)						188						(775)						404
Depreciation and amortization			6,342						5,627						23,989						22,202
Total operating expenses			15,797						14,520						61,436						57,588
(Loss) gain on sale of real estate assets			—						2,393						(49)						2,393
Income from operations			10,199						9,241						34,338						21,177
Other (expense) income			—						(53)						30						21
Interest expense, net:
Contractual interest expense			(4,082)						(3,270)						(15,239)						(12,041)
Write-off and amortization of deferred financing fees and amortization of debt discount			(232)						(204)						(869)						(746)
Loss on early extinguishment of debt			—						—						(142)						—
Interest income			—						13						7						26
Total interest expense, net			(4,314)						(3,461)						(16,243)						(12,761)
Income before income tax benefit (expense)			5,885						5,727						18,125						8,437
Income tax benefit (expense)			2						(42)						(27)						(116)
Net income			5,887						5,685						18,098						8,321
Net income attributable to operating partnership unitholders’ non-controlling interests			(1,245)						(1,180)						(3,949)						(1,725)
Net income attributable to common stockholders			$	4,642					$	4,505					$	14,149					$	6,596
Net income per share:
Basic and Diluted			$	0.15					$	0.17					$	0.47					$	0.21
Weighted average common shares outstanding:
Basic and Diluted			26,021,962						23,130,477						24,349,251						22,565,155

7

Postal Realty Trust, Inc.

Consolidated Balance Sheets

(In thousands, except par value and share data)

			December 31, 2025						December 31, 2024
Assets
Investments:
Real estate properties, at cost:
Land			$	163,485					$	128,457
Building and improvements			603,390						512,248
Tenant improvements			8,649						7,501
Total real estate properties, at cost			775,524						648,206
Less: Accumulated depreciation			(74,769)						(58,175)
Total real estate properties, net			700,755						590,031
Investment in financing leases, net			15,851						15,951
Total real estate investments, net			716,606						605,982
Cash			1,454						1,799
Escrow and reserves			643						744
Rent and other receivables			5,232						6,658
Prepaid expenses and other assets, net			11,800						14,519
Goodwill			1,536						1,536
Deferred rent receivable			5,373						2,639
Lease intangible assets, net			16,413						12,941
Total Assets			$	759,057					$	646,818
Liabilities and Equity
Liabilities:
Term loans, net			$	288,313					$	248,790
Revolving credit facility			39,000						14,000
Secured borrowings, net			33,828						33,918
Accounts payable, accrued expenses and other, net			18,597						16,441
Below market leases, net			19,758						16,171
Total Liabilities			399,496						329,320
Commitments and Contingencies
Equity:
Class A common stock, par value $0.01 per share; 500,000,000 shares authorized, 26,849,381 and 23,494,487 shares issued and outstanding as of December 31, 2025 and December 31, 2024, respectively			268						235
Class B common stock, par value $0.01 per share; 27,206 shares authorized, 27,206 shares issued and outstanding as of December 31, 2025 and December 31, 2024			—						—
Additional paid-in capital			358,001						310,031
Accumulated other comprehensive income			954						5,230
Accumulated deficit			(74,024)						(64,211)
Total Stockholders’ Equity			285,199						251,285
Operating partnership unitholders’ non-controlling interests			74,362						66,213
Total Equity			359,561						317,498
Total Liabilities and Equity			$	759,057					$	646,818

8

Postal Realty Trust, Inc.

Reconciliation of Net Income to FFO and AFFO

(Unaudited)

(In thousands, except share data)

						For the Three Months Ended December 31, 2025						For the Twelve Months Ended December 31, 2025
Net income						$	5,887					$	18,098
Depreciation and amortization of real estate assets						6,314						23,879
Loss on sale of real estate assets						—						49
Impairment charges						150						408
Funds from operations (FFO)						$	12,351					$	42,434
Recurring capital expenditures						(247)						(830)
Write-off and amortization of deferred financing fees and amortization of debt discount						232						869
Loss on early extinguishment of debt						—						142
Straight-line rent and other adjustments						(1,005)						(2,737)
Fair value lease adjustments						(924)						(3,629)
Acquisition-related and other expenses						39						651
Income on insurance recoveries from casualties						—						(30)
Casualty gains, net						(827)						(1,183)
Non-real estate depreciation and amortization						28						110
Non-cash components of compensation expense						1,499						6,311
Adjusted funds from operations (AFFO)						$	11,146					$	42,108
FFO per common share and common unit outstanding						$	0.37					$	1.33
AFFO per common share and common unit outstanding						$	0.33					$	1.32
Weighted average common shares and common units outstanding, basic and diluted						33,620,211						31,802,821

9

FAQ

How did Postal Realty Trust (PSTL) perform financially in 2025?

Postal Realty Trust reported stronger 2025 results, with rental income rising 27.6% to $93.3 million. Net income attributable to common shareholders reached $14.1 million, or $0.47 per diluted share, with FFO of $42.4 million and AFFO of $42.1 million.

What were Postal Realty Trust (PSTL)’s FFO and AFFO per share for 2025?

For 2025, Postal Realty Trust generated FFO of $42.4 million and AFFO of $42.1 million. On a per-share basis, FFO was $1.33 and AFFO was $1.32 per common share and common unit outstanding, highlighting the company’s recurring cash-flow strength.

What 2026 guidance did Postal Realty Trust (PSTL) provide?

For 2026, Postal Realty Trust issued AFFO guidance of $1.39–$1.41 per diluted share. The company also projected acquisition volume between $115 million and $125 million and cash G&A expense between $11.5 million and $12.5 million, outlining its growth plans.

How much did Postal Realty Trust (PSTL) grow its property portfolio in 2025?

In 2025, Postal Realty Trust acquired 216 properties leased to the USPS for approximately $123.1 million. This activity increased the portfolio size by about 20% to 1,917 properties and 7.1 million net leasable square feet, with 99.8% occupancy at year-end.

What changes did Postal Realty Trust (PSTL) make to its credit facilities?

Postal Realty Trust expanded its unsecured credit facilities significantly. In 2025 they were amended and increased to $440 million, then subsequently expanded by $115 million to $555 million, including adding The Bank of Nova Scotia as a lender under the Credit Agreement.

What dividend did Postal Realty Trust (PSTL) declare going into 2026?

The company raised its quarterly dividend to $0.2450 per share of Class A common stock. This equates to $0.98 per share on an annualized basis, with the dividend payable on February 27, 2026 to stockholders of record on February 13, 2026.

How much equity did Postal Realty Trust (PSTL) raise through its ATM program?

In 2025, Postal Realty Trust raised $48.4 million of gross proceeds through its at-the-market equity offering program. Subsequent to year-end, it raised an additional $44.2 million of gross proceeds and entered into forward sales for about 2.0 million shares totaling $35.6 million.

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