Box Office PerformanceBox office sales came in toward the top end of EPR’s recently upsized guidance range, which is viewed in a favorable light when considering implications from the mid-2023 writers’ and actors’ strike.
DividendThe 3.5% dividend bump represents a validation of the durability of cash flows and offers a 6.5% yield, which screens favorably to net-lease REIT peers.
EarningsEPR Properties ended the year with healthy earnings growth, a strong balance sheet, and improving sentiment within the movie industry, which positions the company favorably.