Postal Realty Trust Raises Quarterly Dividend 1% to $0.2450
Postal Realty Trust, Inc. (NYSE: PSTL), a real estate investment trust specializing in properties leased to the U.S. Postal Service, declared a quarterly dividend of $0.2450 per share, representing a 1% increase from the prior quarter's $0.2424 per share.
Postal Realty Trust, Inc. (NYSE: PSTL), a real estate investment trust specializing in properties leased to the U.S. Postal Service, declared a quarterly dividend of $0.2450 per share, representing a 1% increase from the prior quarter's $0.2424 per share. The dividend equates to $0.98 per share on an annualized basis. Read more dividend announcements.
The company declared the dividend on January 29, 2026. Shareholders of record as of February 13, 2026 will receive payment on February 27, 2026.
| Dividend Details | Date |
|---|---|
| Amount Per Share | $0.2450 |
| Record Date | February 13, 2026 |
| Payment Date | February 27, 2026 |
| Annualized Rate | $0.98 |
Fourth Quarter and Full Year 2025 Financial Performance
Postal Realty reported net income attributable to common shareholders of $4.6 million, or $0.15 per diluted share, for the quarter ended December 31, 2025. Funds from Operations reached $12.4 million, or $0.37 per diluted share, while Adjusted Funds from Operations totaled $11.1 million, or $0.33 per diluted share.
For the full year 2025, net income attributable to common shareholders was $14.1 million, or $0.47 per diluted share. FFO reached $42.4 million, or $1.33 per diluted share, and AFFO totaled $42.1 million, or $1.32 per diluted share. The company paid aggregate dividends of $0.97 per share during calendar year 2025.
Acquisition Activity
The company acquired 65 USPS properties for approximately $29.1 million during the fourth quarter, excluding closing costs. For the full year 2025, Postal Realty acquired 216 properties for approximately $123.1 million, increasing its portfolio size by 20%.
As of December 31, 2025, the company's owned portfolio consisted of 1,917 properties across 49 states and one territory with approximately 7.1 million net leasable interior square feet. The portfolio was 99.8% occupied with a weighted average rental rate of $11.88 per leasable square foot.
Rental income increased 27.6% from 2024 to 2025, reflecting both internal growth and acquisitions.
Capital Markets Activity
The company raised $48.4 million in gross proceeds through its at-the-market equity offering program during 2025, issuing 3,154,321 shares at an average gross sales price of $15.34 per share. During the fourth quarter alone, it issued 807,184 shares at an average price of $15.63 per share for gross proceeds of $12.6 million.
Subsequent to year end, Postal Realty issued an additional 512,421 shares at an average price of $16.88 per share for gross proceeds of $8.6 million. The company also entered into forward sales transactions for approximately 2.0 million shares totaling gross proceeds of approximately $35.6 million at a weighted average price of $17.88 per share.
On February 20, 2026, the company expanded its unsecured credit facilities by $115 million to $555 million total. The revolving credit facility increased by $100 million to $250 million, and the 2028 Term Loan increased by $15 million to $190 million. The Bank of Nova Scotia was added as a lender under the credit agreement.
2026 Outlook
Postal Realty issued guidance for 2026 projecting Adjusted Funds from Operations per diluted share of $1.39 to $1.41. The company expects acquisition volume between $115 million and $125 million and cash general and administrative expenses of $11.5 million to $12.5 million.