Postal Realty Trust, Inc. (PSTL) to Issue Quarterly Dividend of $0.25 on February 27th

Postal Realty Trust, Inc. (NYSE:PSTLGet Free Report) declared a quarterly dividend on Friday, January 30th. Investors of record on Friday, February 13th will be paid a dividend of 0.245 per share on Friday, February 27th. This represents a c) dividend on an annualized basis and a yield of 5.1%. The ex-dividend date is Friday, February 13th. This is a 1.0% increase from Postal Realty Trust’s previous quarterly dividend of $0.24.

Postal Realty Trust has raised its dividend payment by an average of 0.4%per year over the last three years and has increased its dividend every year for the last 3 years. Postal Realty Trust has a payout ratio of 264.9% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities analysts expect Postal Realty Trust to earn $0.87 per share next year, which means the company may not be able to cover its $0.98 annual dividend with an expected future payout ratio of 112.6%.

Postal Realty Trust Stock Down 0.1%

Shares of Postal Realty Trust stock traded down $0.02 during trading on Wednesday, hitting $19.04. 154,138 shares of the stock were exchanged, compared to its average volume of 332,548. The stock has a market cap of $496.18 million, a price-to-earnings ratio of 39.67 and a beta of 0.74. Postal Realty Trust has a 12-month low of $12.26 and a 12-month high of $19.26. The company has a debt-to-equity ratio of 1.00, a current ratio of 1.25 and a quick ratio of 1.25. The firm’s 50-day moving average price is $16.75 and its 200 day moving average price is $15.79.

About Postal Realty Trust

(Get Free Report)

Postal Realty Trust is a real estate investment trust that acquires, owns and manages single-tenant commercial properties net-leased primarily to the United States Postal Service and other government agencies. The trust focuses on facilities that support mail processing, distribution and retail operations, targeting assets that offer long-term, inflation-protected lease structures.

The company’s portfolio includes post offices, distribution centers and mail processing facilities located throughout the contiguous United States.

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Dividend History for Postal Realty Trust (NYSE:PSTL)

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