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Essential Properties declares inaugural dividend

Essential Properties Realty Trust Inc.'s board declared a prorated inaugural cash dividend of 22.4 cents per share of common stock.

The dividend comprises 21 cents per share for the third quarter and 1.4 cents per share for the six days of the second quarter following the completion of its IPO.

The dividend will be paid Oct. 12 to stockholders of record as of the close of business Sept. 28.