- Postal Realty Trust (PSTL, Financial) announces a 1.0% increase in its quarterly dividend for Q1 2025.
- The new dividend is set at $0.2425 per share for Class A common stock.
- The dividend will be paid on May 30, 2025, to shareholders of record as of May 1, 2025.
Postal Realty Trust, Inc. (PSTL), an internally managed real estate investment trust specializing in properties leased predominantly to the United States Postal Service, has declared a quarterly dividend of $0.2425 per share on its Class A common stock. This marks a 1.0% increase compared to the dividend from the first quarter of 2024. The payment date for this dividend is scheduled for May 30, 2025, with shareholders needing to be on the record by May 1, 2025, to be eligible for the dividend.
Postal Realty Trust currently manages an extensive portfolio consisting of over 2,100 properties, ranging from last-mile post offices to larger industrial facilities primarily occupied by the USPS. This move is consistent with the company's strategy to maintain a stable dividend policy while incrementally increasing shareholder value.
For investors, the updated dividend reflects enhanced confidence in the company's operational stability and its ongoing ability to manage a large and diverse portfolio of real estate assets effectively. More information regarding the company can be found on their official website, noting that future statements and projections are subject to market and economic conditions.
