Postal Realty Trust, Inc. reported its Q4 2019 results, highlighting the completion of $88 million in acquisitions since its IPO, doubling revenue, properties owned, and square footage. Rental revenue increased by 31% quarter-over-quarter, and the quarterly dividend increased by 21%.
Completed approximately $88 million in acquisitions since IPO.
Revenue, properties owned, and square footage doubled since IPO.
Rental revenue increased 31% quarter-over-quarter.
Quarterly dividend increased by 21%.
The company is confident about the long-term prospects for Postal Realty. The portfolio is fully occupied, highly geographically diversified and provides a strong risk-adjusted return for shareholders.
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