secwatch.observer — SEC 8-K summary
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Issuer:     Postal Realty Trust, Inc. (PSTL)
CIK:        0001759774
Form:       8-K
Filed at:   2023-03-01T23:59:59+00:00
Accession:  0001628280-23-005845
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Postal Realty Trust reports FY2022 AFFO $1.01/share; acquired 320 USPS properties for $123M
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- Net income attributable to common shareholders $3.9M ($0.15 diluted EPS); FFO $22.4M ($0.96); AFFO $23.5M ($1.01).
- Rental income up 33% YoY; acquired 320 properties for $123M in 2022, including 54 for $20.2M in Q4.
- Quarterly dividend raised ~4.4% to $0.2375/share ($0.95 annualized), 14th consecutive increase since IPO.
- Collected 100% of contractual rents; portfolio 99.7% occupied with 1,286 properties across 49 states.
- No floating-rate debt; $150M revolver undrawn; net debt $196.2M at 3.74% weighted avg interest rate.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1759774/000162828023005845/0001628280-23-005845-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1759774/000162828023005845/pstl-20230301.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-005845

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