secwatch.observer — SEC 8-K summary
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Issuer:     Postal Realty Trust, Inc. (PSTL)
CIK:        0001759774
Form:       8-K
Filed at:   2024-05-07T23:59:59+00:00
Accession:  0001628280-24-021180
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Postal Realty Q1 AFFO $0.25/shr, acquires 29 USPS properties for $18.5M
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- Net income $0.2M; FFO $5.5M ($0.20/shr); AFFO $6.9M ($0.25/shr).
- Revenue grew 14% YoY; 100% of contractual rents collected.
- Acquired 29 USPS properties for $18.5M at 7.8% weighted avg cap rate.
- Quarterly dividend declared $0.24/shr ($0.96 annualized), paid May 31.
- FY 2024 acquisition guidance reaffirmed at $80M at/above 7.5% cap rate.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1759774/000162828024021180/0001628280-24-021180-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1759774/000162828024021180/pstl-20240507.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-021180

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