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KANSAS CITY, Mo. - EPR Properties (NYSE:EPR), a real estate investment trust specializing in experiential properties, has declared a monthly cash dividend for its common shareholders. The company announced that a dividend of $0.285 per common share will be distributed on March 17, 2025, to shareholders of record as of February 28, 2025. According to InvestingPro data, EPR offers an attractive 7.02% dividend yield and has maintained dividend payments for 29 consecutive years.
The dividend is part of an annualized amount of $3.42 per common share. EPR Properties, which operates across 44 states, holds approximately $5.7 billion in total assets, adjusted for accumulated depreciation of around $1.5 billion. The company's investment strategy focuses on properties that offer leisure and recreational experiences, a sector where it positions itself as a leader. With an impressive 91.39% gross profit margin and a market capitalization of $3.66 billion, EPR demonstrates strong financial performance.
EPR's portfolio is managed through strict underwriting and investing criteria, aimed at maintaining key industry, property, and tenant level cash flow standards. This approach is intended to provide a competitive edge and the potential for stable and attractive returns for its investors. InvestingPro analysis reveals 8 additional key insights about EPR's financial health and growth prospects, available to subscribers.
The information is based on a press release statement from EPR Properties.
In other recent news, EPR Properties has appointed John Peter Suarez, a former Walmart (NYSE:WMT) executive, as an independent trustee to its board. This development comes as a strategic move for EPR Properties, as Suarez brings with him a wealth of experience from his previous roles at Walmart, including Executive Vice President, Regional Chief Executive Officer, and Chief Administration Officer. Suarez's appointment is expected to enrich the company's strategic direction in the experiential real estate market.
On a different note, UBS has initiated coverage on EPR Properties, assigning a Neutral rating. The firm's analysis suggests that the current market has adequately factored in the company's earnings growth potential. UBS has noted a pre-pandemic slowdown in theater revenue, a significant source of EPR's earnings, indicating a long-term trend. Despite some challenges, including property damage from hurricanes and a constrained investment environment, UBS projects a 3.9% growth in adjusted funds from operations for EPR Properties by 2025.
These recent developments reflect the evolving landscape for EPR Properties as it navigates strategic board appointments and financial assessments from leading firms.
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