KANSAS CITY, Mo.--(BUSINESS WIRE)--
Entertainment Properties Trust (NYSE:EPR) today announced that its Board
of Trustees has declared a quarterly cash dividend of $0.75 per share
for its common shares for the first quarter of 2012, representing an
increase of 7%. The dividend is payable April 16, 2012 to shareholders
of record on March 30, 2012. This dividend represents an annualized
dividend of $3.00 per common share.
The Company also declared dividends on its three outstanding issues of
preferred stock:
-
5.75% Series C Cumulative Convertible Preferred (NYSE:EPRprC) dividend
of $0.359375 per share payable April 16, 2012 to shareholders of
record on March 30, 2012
-
7.375% Series D Cumulative Redeemable Preferred (NYSE:EPRprD) dividend
of $0.4609375 per share payable April 16, 2012 to shareholders of
record on March 30, 2012
-
9.00% Series E Cumulative Convertible Preferred Shares (NYSE:EPRprE)
dividend of $0.5625 per share payable April 16, 2012 to shareholders
of record on March 30, 2012
About Entertainment Properties Trust
Entertainment Properties Trust (NYSE:EPR) is a specialty real estate
investment trust (REIT) that invests in properties in select categories
which require unique industry knowledge, while offering the potential
for stable and attractive returns. Our total investments exceed $2.9
billion and include megaplex movie theatres and adjacent retail, public
charter schools and other destination recreational and specialty
investments. We adhere to rigorous underwriting and investing criteria,
centered on key industry and property level cash flow standards. We
believe our focused niche approach provides a competitive advantage, and
the potential for higher growth and better yields. Further information
is available at www.eprkc.com
or from Brian Moriarty at 888-EPR-REIT.
Entertainment Properties Trust
Brian Moriarty, 888-EPR-REIT
www.eprkc.com
Source: Entertainment Properties Trust