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.
Postal Realty Trust, Inc. (NYSE:PSTL ) Q3 2024 Earnings Conference Call November 5, 2024 9:00 AM ET Company Participants Jordan Cooperstein – Vice President of FP&A, Capital Markets Andrew Spodek – Chief Executive Officer Jeremy Garber – President Robert Klein – Chief Financial Officer Conference Call Participants Anthony Paolone – J.P. Morgan Ki Bin Kim – Truist Securities Steve Dumanski – Jan...
- Agreed to New Rents on all 2023 & 2024 Negotiated Leases - - Increased Term Loan Commitments by $50 Million - - Acquired 35 USPS Properties for $13.3 Million at a Weighted Average Capitalization Rate of 7.5% -
PSTL represents a classic value trap with a high payout ratio. FFO has been grown by selling shares in a way that is not accretive for shareholders. The 6.58% dividend yield may look attractive, but it is not safe or growing significantly.
CEDARHURST, N.Y., Oct. 24, 2024 (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 it will report its financial results for the...
CEDARHURST, N.Y., Oct. 22, 2024 (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 quarte...
CEDARHURST, N.Y., Sept. 26, 2024 (GLOBE NEWSWIRE) -- Postal Realty Trust, Inc. (NYSE: PSTL) (the “Company”), an internally managed real estate investment trust that owns and manages over 1,950 properties leased primarily to the United States Postal Service (the “USPS”), ranging from last-mile post offices to industrial facilities, announced today an update on its ongoing lease negotiations with...
Over my 15 years on Seeking Alpha, I've identified exceptional small-cap REITs like Ladder Capital and Whitestone Realty, yielding significant returns. Alpine Income Property Trust has a strong investment-grade tenant profile, but trades discounted due to its size and short history. Rated Hold. Postal Realty Trust offers a high yield and stable cash flow from USPS properties, trading below its ...
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