Essential Properties Realty Trust, Inc.
EPRTReal Estate · Stock · quarterly payer
Forward Yield
3.84%
Annual Dividend
$1.28
Payout Ratio
96%
5-Yr Growth
5.3%
Ex-Date
Jun 30, 2026
Frequency
Quarterly
Summary
As of July 2026, Essential Properties Realty Trust, Inc. (EPRT) yields 3.84% ($1.28 per share annually), with a blended fair-value estimate of $22.56 — -32% downside, so it screens as overvalued. Dividend safety grade: B (73/100). 7 years of dividend growth.
Is EPRT a good dividend stock?
Yes, with caveatsEssential Properties Realty Trust, Inc. (EPRT) pays a quarterly dividend yielding 3.84% ($1.28/yr), with 7 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.
Advantages
- Never cut its dividend on record
- Strong 5.3% 5-yr dividend growth
Risks
- Elevated payout ratio (96%)
Key Data
- Dividend Yield
- 3.84%
- Payout Ratio
- 96%
- Annual Dividend
- $1.28
- 5-Yr Avg Growth
- 5.3%
- Ex-Dividend Date
- Jun 30, 2026
- Years of Growth
- 7
- Frequency
- quarterly
- Beta
- 0.90
- Market Cap
- $7.2B
- P/E Ratio
- 26.3
- 5-Yr Total Return
- 3%
- 52-Week Range
- $28.95 – $34.73
- Dividend Safety
- B · 73/100
- Ever Cut?
- No
Frequently Asked Questions
EPRT Price — Last 12 Months
Daily close
Price Return
1 Year
+6%
3 Years
+39%
5 Years
+3%
52-Week Range
$28.95 – $34.73
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is EPRT worth?
Overvaluedlow confidenceOur blended fair-value estimate for Essential Properties Realty Trust, Inc. is $22.56 per share, versus a market price of $33.33. That implies 32% of downside.
Fair Value
$22.56
Current Price
$33.33
Downside
-32%
Margin of Safety
-48%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Assumptions: 8.8% discount rate (CAPM), 4.4% stage-1 growth, 2.5% terminal growth, $1.27 EPS, $1.28 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
EPRT Dividend Safety Score
Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jun 30, 2026 | — | $0.3200 | regular |
| Mar 31, 2026 | — | $0.3100 | regular |
| Dec 31, 2025 | — | $0.3100 | regular |
| Sep 30, 2025 | — | $0.3000 | regular |
| Jun 30, 2025 | — | $0.3000 | regular |
| Mar 31, 2025 | — | $0.2950 | regular |
| Dec 31, 2024 | — | $0.2950 | regular |
| Sep 30, 2024 | — | $0.2900 | regular |
| Jun 28, 2024 | — | $0.2900 | regular |
| Mar 27, 2024 | — | $0.2850 | regular |
| Dec 28, 2023 | — | $0.2850 | regular |
| Sep 28, 2023 | — | $0.2800 | regular |
| Jun 29, 2023 | — | $0.2800 | regular |
| Mar 30, 2023 | — | $0.2750 | regular |
Income Calculator
At $1.28 / yr per share
