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0 0 0 0 0.0499637943519189 -0.00217233888486599 -0.00217233888486599 0.0137581462708182
Stock impact report

Postal Realty Trust Inc (PSTL) Reports Growth in Rental Income and Solid Year-End Performance [Yahoo! Finance]

Postal Realty Trust, Inc. Class A (PSTL) 
Last postal realty trust, inc. class a earnings: 3/25 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Rental Income Growth : A 20% increase in rental income from 2022 to 2023 reflects successful internal growth. Net Income : PSTL reported a net income attributable to common shareholders of $3.7 million, or $0.12 per diluted share for the year ended 2023. Dividend Increase : The company raised its quarterly dividend to $0.24 per share, marking the fifth consecutive year of dividend growth. Financial Metrics : FFO reached $24.2 million, or $0.95 per diluted share, and AFFO was $27.3 million, or $1.07 per diluted share for the year. Occupancy Rates : High portfolio occupancy at 99.7% with a weighted average rental rate of $9.37 per leasable square foot. Debt Management : 96% of PSTL's debt is set to fixed rates, providing stability in a volatile interest rate environment. Warning! GuruFocus has detected 10 Warning Signs with PSTL. On February 26, 2024, Postal Realty Trust Inc ( NYSE:PSTL ) released its 8-K filing , detailing the financial outcomes for the fourth quarter an Show less Read more
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