Summary
- Essential Properties Realty Trust is a net lease REIT with a solid real estate portfolio and conservative balance sheet.
- Shares are attractive today at a 13.7x price/FFO, which is well below its average multiple of 20.1x.
- The dividend yield is 5% and the company has raised the dividend twice a year for the last couple years.
- I recently sold a cash-secured put on EPRT, which could be another way for investors to increase their income and returns on EPRT.
For further details see:
Essential Properties Realty Trust: The Logical Replacement For STORE Capital