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Dec 31, 2019
Postal Realty Trust Q4 2019 Earnings Report
Completed acquisitions since IPO, doubled revenue, properties and square footage owned, and increased rental revenue quarter-over-quarter.
Key Takeaways
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%.
Forward Guidance
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.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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