Entertainment Properties Trust (NYSE:EPR) has declared a quarterly cash dividend of $0.65 per common share. The dividend is payable on April 15, 2010. The record date for the dividend is March 31, 2010. The first quarter dividend represents an annualized dividend of $2.60 per common share.
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The company’s Board of Trustees has also declared dividends for its 7.75% Series B Cumulative Redeemable Preferred (NYSE:EPRprB) dividend of $0.484375 per share. It’s 5.75% Series C Cumulative Convertible Preferred (NYSE:EPRprC) dividend is $0.359375 per share. It’s 7.375% Series D Cumulative Redeemable Preferred (NYSE:EPRprD) dividend is $0.4609375 per share, and it’s 9.00% Series E Cumulative Convertible Preferred Shares (NYSE:EPRprE) dividend is $0.5625 per share. All dividends are payable to shareholders of record as of March 31, 2010 on April 15, 2010.
Entertainment Properties Trust (EPR), is a self-administered real estate investment trust (REIT). EPR develops, owns, leases and finances properties for consumer preferred businesses. As of December 31, 2009, the Company’s real estate portfolio consisted of 95 megaplex theatre properties (including four joint venture properties) located in 33 states, the District of Columbia and Ontario, Canada; nine theatre anchored entertainment retail centers (including three joint venture properties) located in four states and Ontario, Canada, and land parcels leased to restaurant and retail operators or available for development adjacent to several of its theatre properties. The Company also owns own a metropolitan ski area located in Ohio, 10 wineries and eight vineyards located in California and Washington and 22 public charter schools located in eight states and the District of Columbia.
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