Postal Realty Trust (PSTL) Stock

– Increases Dividend for Seventh Consecutive Year – – Provides Tax Characteristics of 2024 Dividends – CEDARHURST, N.Y., Jan. 31, 2025 (GLOBE NEWSWIRE) -- This press release is being issued to replace in its entirety a press release issued on January 30, 2025 by Postal Realty Trust, Inc. that contained a typographical error regarding the Section 199A Dividend amount.

– Increases Dividend for Seventh Consecutive Year – – Provides Tax Characteristics of 2024 Dividends – CEDARHURST, N.Y., Jan. 30, 2025 (GLOBE NEWSWIRE) -- Postal Realty Trust, Inc. (NYSE: PSTL) (the “Company”), an internally managed real estate investment trust that owns and manages over 2,000 properties leased primarily to the United States Postal Service (the “USPS”), ranging from last-mile post offices to industrial facilities, announced today that its board of directors has approved a quarterly dividend on the Company's Class A common stock in the amount of $0.2425 per share.

Postal Realty Trust offers a compelling growth story with a 7.3% dividend, despite its seemingly low-growth, post office-focused REIT model. The company has a diversified portfolio of 1,653 locations across 49 states, with a strong history of lease renewals and market rent adjustments. USPS partnerships with major logistics players and modified double net leases make it a reliable tenant, ensuring steady income for Postal Realty Trust.

Investors interested in REIT and Equity Trust - Other stocks are likely familiar with Postal Realty Trust (PSTL) and National Health Investors (NHI). But which of these two stocks offers value investors a better bang for their buck right now?

- Executed New Leases with 3% Annual Rent Escalations & Ten-Year Term - - Acquired 197 Properties for $91 Million in 2024 - - Full Year 2024 Weighted Average Capitalization Rate of 7.6% -

Postal Realty leads the post office real estate niche with over 1,600 properties, benefiting from high occupancy and low capex. Growth drivers include 3.5% annual rental rate growth, 3%-4% acquisition spreads, and stabilized refinancing costs, projecting 6% AFFO/share growth. PSTL is undervalued at 13X AFFO, with potential for 17X-18X if growth improves to 6%, but faces tenant concentration risk with USPS.

Postal Realty Trust shares continue to offer investors a reliable stream of growing dividend payments. At current trading values, the dividend yields about 6.7%. This is above the yield offered by other low-risk investments. The REIT recently reported positive results that included notable updates regarding lease negotiations with the Postal Service.

Although the revenue and EPS for Postal Realty Trust (PSTL) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Postal Realty Trust (PSTL) came out with quarterly funds from operations (FFO) of $0.30 per share, beating the Zacks Consensus Estimate of $0.26 per share. This compares to FFO of $0.27 per share a year ago.