Postal Realty Trust, Inc. Declares Initial Pro-Rated Dividend Payable on July 31, 2019
June 26, 2019 at 04:34 pm EDT
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Postal Realty Trust, Inc. announced that its board of directors has approved the initial dividend on the Company’s Class A common stock in the amount of $0.063 per share. The initial dividend represents a pro-rated cash dividend for the period from the completion of PSTL’s initial public offering on May 17, 2019 to June 30, 2019. The dividend will be payable on July 31, 2019 to stockholders of record as of the close of business on July 9, 2019.
Postal Realty Trust, Inc. is an internally managed real estate investment trust (REIT). The Company conducts its business through an Umbrella Partnership REIT (UPREIT) structure in which its properties are owned by its Postal Realty LP (Operating Partnership) directly or through limited partnerships, limited liability companies or other subsidiaries. It is focused on acquiring and managing properties leased primarily to the United States Postal Service (the USPS), ranging from last-mile post offices to industrial facilities. The Company owns and manages over 1,509 properties leased primarily to the USPS. Its property types include flex, industrial and last mile. The properties are located in 49 states and one territory, totaling approximately 5.9 million net leasable interior square feet in the aggregate. The Company provides fee-based third-party property management services for an additional 397 properties. Its properties include Bishopville, Gray, Michigamme, Pauline, and others.
POSTAL REALTY TRUST, INC. 
