secwatch.observer — SEC 8-K summary
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Issuer:     Postal Realty Trust, Inc. (PSTL)
CIK:        0001759774
Form:       8-K
Filed at:   2024-02-26T23:59:59+00:00
Accession:  0001628280-24-006916
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Postal Realty posts $0.12 EPS, $1.07 AFFO for 2023; rental income up 20%
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- Net income $3.7M ($0.12/diluted share); AFFO $27.3M ($1.07/diluted share) for year ended 2023.
- Rental income increased 20% YoY; acquired 223 properties for ~$78M in 2023.
- Q4 acquired 75 USPS properties for $20.7M; portfolio 99.7% occupied as of Dec 31, 2023.
- Quarterly dividend raised to $0.24/share (+1.1%), marking fifth consecutive annual increase.
- Collected 100% of contractual rents; 96% of debt fixed rate; weighted avg interest rate 4.14%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1759774/000162828024006916/0001628280-24-006916-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1759774/000162828024006916/pstl-20240226.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-006916

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