secwatch.observer — SEC 8-K summary
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Issuer:     Postal Realty Trust, Inc. (PSTL)
CIK:        0001759774
Form:       8-K
Filed at:   2021-11-08T23:59:59+00:00
Accession:  0001759774-21-000005
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Postal Realty Q3 2021: FFO $0.25/sh; acquired 59 USPS properties for $19.2M
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- Net income $0.5M ($0.03/diluted); FFO $4.4M ($0.25/diluted); AFFO $4.8M ($0.27/diluted).
- Acquired 59 USPS properties for $19.2M in Q3; subsequent to quarter end, acquired 15 properties for $18M.
- Quarterly dividend raised to $0.2250/sh ($0.90 annualized); ninth consecutive increase since 2019 IPO.
- New $150M unsecured revolver and $50M term loan; interest rate swap fixed $50M at 2.291% through Jan 2027.
- Portfolio 99.6% occupied, 911 properties across 49 states; 70% rental income growth YoY.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1759774/000175977421000005/0001759774-21-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1759774/000175977421000005/pstl-20211108.htm
  HTML page:      https://secwatch.observer/filing/0001759774-21-000005

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer