Postal Realty Trust reports annual shareholder votes

Postal Realty Trust, Inc. (NYSE:PSTL), a $410 million market cap real estate investment trust that has consistently raised its dividend for six consecutive years, announced the results of its 2025 Annual Meeting of Stockholders held on Friday, May 16, 2025. According to InvestingPro data, the company currently offers a substantial 7.2% dividend yield and appears slightly undervalued based on Fair Value analysis. The meeting covered several key proposals including the election of directors, the ratification of the company’s independent auditor, and advisory votes on executive compensation and the frequency of future compensation votes.

During the meeting, shareholders elected five directors to serve until the 2026 Annual Meeting and until their successors are elected and qualified. The elected directors are Patrick R. Donahoe, Barry Lefkowitz, Jane Gural-Senders, Anton Feingold, and Andrew Spodek. The voting resulted in a significant number of votes for each director, with a notable amount of withheld votes and broker non-votes. The company’s strong governance structure has contributed to its solid financial health, earning a "GOOD" overall score from InvestingPro’s comprehensive analysis, with particularly strong metrics in growth and cash flow management.

Additionally, the shareholders ratified the appointment of Deloitte & Touche LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2025. The proposal received an overwhelming majority of votes in favor, with a small percentage against and some abstentions.

The advisory vote on executive compensation was approved, indicating shareholder support for the company’s executive pay practices. The results showed a majority of votes for, with a smaller portion against and a few abstentions, alongside broker non-votes.

Lastly, shareholders expressed their preference for the frequency of future advisory votes on executive compensation, with the majority favoring an annual vote. This was in line with the Board’s recommendation and the shareholders’ advisory vote, leading the Board to determine that future votes on executive compensation will occur every year.

The outcomes of these votes are essential for the company’s governance and will guide the Board’s decisions moving forward. With revenue growth of 23.4% over the last twelve months and a healthy current ratio of 1.87, the company demonstrates strong operational execution. This report is based on the official filing with the Securities and Exchange Commission by Postal Realty Trust, Inc. For deeper insights into PSTL’s financial metrics and additional ProTips, investors can access the comprehensive Pro Research Report available on InvestingPro.

In other recent news, Postal Realty Trust Inc . reported strong financial results for the first quarter of 2025, surpassing both earnings and revenue expectations. The company achieved an earnings per share (EPS) of $0.06, exceeding the projected $0.05, and generated revenue of $22.15 million, which was above the anticipated $18.58 million. Despite these positive results, the stock experienced a decline of 5.14% in after-hours trading, indicating potential investor concerns beyond the immediate financial performance. The company maintained a high occupancy rate of 99.8% and raised its quarterly dividend by 1%. Analysts from firms like Jefferies and Janney Montgomery Scott engaged with the company on its leasing strategy and future growth prospects during the earnings call. Postal Realty Trust also provided an optimistic outlook for 2025, with an adjusted funds from operations (AFFO) guidance of $1.20 to $1.22 per share and plans for acquisition volumes between $80 million and $90 million. CEO Andrew Spodek emphasized the company’s strategic positioning and its commitment to investing in critical infrastructure.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.