โ Increases Dividend for Twelfth Consecutive Quarter โ
Postal Realty Trust, Inc. (NYSE: PSTL) (the โCompanyโ), an internally managed real estate investment trust that owns and manages over 1,500 properties leased primarily to the United States Postal Service (the โUSPSโ), ranging from last-mile post offices to larger industrial facilities, announced today its board of directors has approved a quarterly dividend on the Companyโs Class A common stock in the amount of $0.2325 per share. This represents a 4.5% increase from the second quarter 2021 dividend. The dividend will be payable on August 26, 2022 to stockholders of record as of the close of business on August 8, 2022.
About Postal Realty Trust, Inc.
Postal Realty Trust, Inc. is an internally managed real estate investment trust that owns and manages over 1,500 properties leased primarily to the USPS. More information is available at postalrealty.com.
Forward-Looking and Cautionary Statements
This press release contains โforward-looking statements.โ Forward-looking statements include statements that are based on various assumptions (some of which are beyond the Companyโs control) and may be identified by words such as โcould,โ โmay,โ โmight,โ โwill,โ โlikely,โ โanticipates,โ โintends,โ โplans,โ โseeks,โ โbelieves,โ โestimates,โ โexpects,โ โcontinues,โ โprojectsโ and similar references to future periods, or by the inclusion of forecasts or projections. Forward-looking statements are based on the Companyโs current expectations and assumptions regarding capital market conditions the Companyโs business, the economy and other future conditions. Because forward-looking statements relate to the future, by their nature, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. As a result, the Companyโs actual results may differ materially from those contemplated by the forward-looking statements. Important factors that could cause actual results to differ materially from those in the forward-looking statements include the USPSโs terminations or non-renewals of leases, changes in demand for postal services delivered by the USPS, the solvency and financial health of the USPS, competitive, financial market and regulatory conditions, general real estate market conditions, the Companyโs competitive environment and other factors set forth under โRisk Factorsโ in the Companyโs filings with the Securities and Exchange Commission. Any forward-looking statement made in this press release speaks only as of the date on which it is made. The Company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments or otherwise.
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Contacts
Investor Relations and Media Relations
Email: Investorrelations@postalrealtytrust.com
Phone: (516) 232-8900
