Earnings Growth and Dividend Increase
EPR Properties reported a 3.4% earnings growth for the full year 2024 and announced a 3.5% increase in their monthly cash dividend to common shareholders.
Strong Performance in Experiential Portfolio
The company expanded its experiential portfolio, achieving a 99% lease rate across 278 properties and solid performance in sectors like eat & play and ski properties.
Box Office Recovery
North American box office revenue for Q4 2024 was $2.3 billion, up 26% from Q4 2023. Full year 2024 box office revenue was $8.6 billion, down only 4% from 2023 despite earlier strikes.
Successful Divestment of Theater Assets
EPR Properties sold several vacant theater assets, generating $74.4 million in disposition proceeds for 2024.