Dividend IncreaseAfter the quarter end, the Board of Directors approved a 1.0% dividend increase to $0.2425 per share.
Financial PerformancePSTL's 1Q25 AFFOps beat, posting an impressive +28.0% growth year-over-year.
Lease AgreementsPSTL agreed to new rents on all negotiated leases with the USPS for leases that expired and those set to expire, which include +3% lease escalators.