EPR Properties Dividend Date & History: Stock Yield and Dividend History

EPR Properties - EPR - Market Position

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Stock Ticker Home Page Asset Class Sector Industry Investment Strategy Dividend Frequency Geographic Focus
EPR EPR Properties Stock / Equity Real Estate REIT - Entertainment Income Monthly United States

EPR Properties is a prominent real estate investment trust (REIT) known for its unique focus on experiential properties across a diverse range of sectors. With a portfolio spanning entertainment, recreation, and education, EPR Properties stands at the forefront of creating memorable experiences for consumers while offering investors lucrative opportunities in the dynamic world of experiential real estate. In this article, we delve into the intricate details of EPR Properties, exploring its history, investment strategy, and the key factors driving its success in the market.

EPR Properties - EPR - Current Market Data

EPR Properties - EPR - Business Overview

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Section Information


EPR Properties (EPR) is a diversified net lease Real Estate Investment Trust (REIT) specializing in owning and operating real estate assets related to entertainment experiences. Their portfolio includes theaters, amusement parks, ski resorts, and other venues frequented by consumers for out-of-home leisure and recreation. EPR holds a significant market share within the experiential entertainment sector, particularly in the theater and amusement park segments. Their mission statement emphasizes "creating enduring value for our shareholders," and core values include integrity, innovation, collaboration, accountability, and social responsibility.

Business Model

EPR's primary revenue stream comes from rental income generated through long-term, triple-net leases with leading entertainment operators like AMC Theatres, Cinemark, and Round One Entertainment. These leases provide predictable and stable cash flows. EPR focuses on acquiring and developing properties with high barriers to entry and strong tenant creditworthiness, further mitigating risk. Key partners include entertainment operators, construction companies, and financial institutions.

Industry Competition

EPR faces competition from other REITs specializing in various real estate sectors, as well as entertainment operators who may choose to own their properties. Additionally, emerging technologies like streaming services could impact the demand for traditional entertainment venues.

Competitive Advantages

EPR boasts several key competitive advantages:
  • Focus on Experiential Entertainment: Offers exposure to a growing sector with increasing consumer demand.
  • Diversified Portfolio: Spreads risk across various entertainment segments and mitigates reliance on any single tenant.
  • Long-Term Triple-Net Leases: Provides predictable and stable cash flows.
  • Strong Financial Position: Enables strategic acquisitions and development projects.
  • Experienced Management Team: Proven track record in the entertainment real estate sector.

Management Team

EPR's executive team possesses extensive experience in the real estate and entertainment industries:
  • Gregory Silvers, CEO: Over 30 years of experience in real estate investment and finance.
  • David Brain, CFO: Over 20 years of experience in finance and accounting, including prior roles at REITs.
The team has a successful track record of leading EPR's growth and profitability.

Financial Performance

EPR has demonstrated consistent financial performance:
  • 2022 Revenue: $446.3 million.
  • 2022 Net Income: $134.9 million.
  • Strong dividend history: 10-year annualized growth rate of 16%.
  • Healthy balance sheet: Low debt-to-equity ratio.

Investment Thesis

EPR presents a compelling investment opportunity for income-oriented investors and long-term capital appreciation seekers:
  • High Dividend Yield: Attractive to income investors, currently yielding 7.19%.
  • Stable Cash Flows: Predictable rental income from long-term leases.
  • Potential for Growth: Expanding entertainment industry and strategic acquisitions offer growth potential.
  • Low Valuation: Trades at a potentially undervalued price-to-earnings ratio compared to peers.


EPR stands out as a leading experiential entertainment REIT with a strong track record, attractive dividend yield, and potential for growth. Their portfolio diversification, long-term leases, and experienced management team provide a solid foundation for future success. While investors should consider risks like economic downturns and interest rate fluctuations, EPR presents a valuable opportunity for income and capital appreciation.

EPR Dividend Analysis

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Section Details

EPR Dividend Data

EPR Properties (EPR) has an annual dividend of $3.31. The dividend is paid every month. The last ex-dividend date was on February 28, 2024.

EPR Dividend Yield

The forward yield of EPR is 8.27%. This means that for every $100 invested in the company's stock, investors would receive $8.27 in dividends per year.

EPR Dividend History

EPR Properties has a history of paying dividends. The company has been paying a monthly dividend and the most recent dividend was $0.2850 per share. The dividend payments have increased over the past 10 years.

EPR Dividend Payout & Dividend Payout Ratio

The dividend payout ratio for EPR Properties is 173.60%. This is based on the earnings per share of $1.97 and the annual dividend of $3.31.

EPR Dividend Stability & Growth

EPR's dividend payments have not been stable over the last 10 years. However, the dividend payments have increased over the past 10 years. The company's dividend has grown by an average of 29.63% per year over the past three years.

EPR Chart

EPR Comparative Analysis

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EPR Properties (EPR) Sabra Health Care REIT (SBRA) National Health Investors (NHI)

Industry Focus

Real estate investment trust specializing in entertainment, recreation, and education properties Real estate investment trust specializing in skilled nursing, senior housing, and behavioral health facilities Real estate investment trust specializing in sale-leaseback, joint-venture, mortgage, and mezzanine financing of need-driven and discretionary senior housing and medical investments

Current Yield

7.94% 8.23% 5.90%

Price-to-Earnings Ratio (P/E)

21.16 243.17 19.47

Investment Strategy

EPR Properties focuses on investing in specialized properties in the entertainment, recreation, and education sectors Sabra Health Care REIT focuses on investing in real estate serving the healthcare industry, including skilled nursing, senior housing, and behavioral health facilities National Health Investors focuses on investing in need-driven and discretionary senior housing and medical investments

Real Estate Stocks



Technical Analysis

Additional Considerations

EPR Properties (EPR) has a history of providing dividends to its shareholders, with a current annualized dividend of $3.31 per share. However, investors should be aware of the risks associated with dividend stocks. The dividend payout ratio, which indicates the proportion of earnings paid out as dividends, is a critical metric for assessing EPR's ability to maintain or increase its dividends. Although EPR's dividend has shown stability and growth over a number of years, the treatment of dividends can change based on the company's earnings and growth rate. For instance, if EPR decides to reinvest more of its earnings to capitalize on growth opportunities, the next dividend payment might be lower than expected.

Investors should also consider the stock dividend date and portfolio dividend date when planning for dividend income, as these dates determine when dividends are paid out to shareholders. It's important to note that the information provided here is solely for informational purposes and should not be construed as financial advice. The historical dividend data for EPR, available on Nasdaq, shows a consistent increase in dividends per share, reflecting the company's past performance. However, past performance is not indicative of future results, and the real estate investment trust (REIT) sector, where EPR is often categorized, can be volatile. Therefore, it's useful for investors to frequently consult the FAQ section of their investment platforms and stay informed about the latest earnings per share (EPS) and dividend announcements from EPR to ensure their investment decisions align with their financial goals.