Did Epr Cut Its Dividend?

EPR Properties (NYSE: EPR) was forced to do one of the most undesirable things a real estate investment trust (REIT) could do in 2020: It eliminated its dividend.

Will EPR reinstate dividend?

KANSAS CITY, Mo. --(BUSINESS WIRE)--EPR Properties (NYSE: EPR) today announced that it is resuming payment of a monthly cash dividend of $0.25 per common share to its common shareholders, following its decision to terminate the covenant relief period early under certain of its credit facilities.

When did EPR suspend dividend?

EPR's dividend history was impressive heading into 2020. The company had increased its annual per-share dividend by roughly 6% per year from 2010-2019. Of course, the pandemic forced the company to suspend its dividend for most of 2020. Fortunately, EPR management expects the recent recovery to continue.