Postal Realty Trust Declares Third Quarter 2023 Dividend
October 23 2023 - 6:30AM
Postal Realty Trust, Inc. (NYSE: PSTL) (the “Company”), an
internally managed real estate investment trust that owns and
manages over 1,800 properties leased primarily to the United States
Postal Service (the “USPS”), ranging from last-mile post offices to
larger industrial facilities, announced today that its board of
directors has approved a quarterly dividend on the Company’s Class
A common stock in the amount of $0.2375 per share. This represents
a 1.1% increase from the third quarter 2022 dividend. The dividend
will be payable on November 30, 2023 to stockholders of record as
of the close of business on November 1, 2023.
About Postal Realty Trust,
Inc.
Postal Realty Trust, Inc. is an internally
managed real estate investment trust that owns and manages over
1,800 postal properties leased primarily to the USPS. More
information is available at postalrealtytrust.com.
Forward-Looking and Cautionary
Statements
This press release contains “forward-looking
statements.” Forward-looking statements include statements that are
based on various assumptions (some of which are beyond the
Company’s control) and may be identified by words such as “could,”
“may,” “might,” “will,” “likely,” “anticipates,” “intends,”
“plans,” “seeks,” “believes,” “estimates,” “expects,” “continues,”
“projects” and similar references to future periods, or by the
inclusion of forecasts or projections. Forward-looking statements
are based on the Company’s current expectations and assumptions
regarding capital market conditions the Company’s 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 Company’s 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 USPS’s 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 Company’s competitive
environment and other factors set forth under “Risk Factors” in the
Company’s 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.
Contact:Investor Relations and
Media RelationsEmail: Investorrelations@postalrealtytrust.com
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