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ESS Essex Property Trust dividend history, payout ratio & dates

  1. Stocks
  2. Real Estate
  3. NYSE: ESS
  4. Dividend

Essex Property Trust's latest quarterly dividend of $2.45 per share was on Mar 27, 2024 (ex-date). At an annualized rate of $9.38 per share, the stock yields 3.79%. The latest ESS payment of $2.45 marks a dividend growth of 6%.

Key dates

  • ESS last dividend date: Mar 27, 2024
  • ESS next dividend date: Not announced
Peer dividends: AGNC LTC CMCT GEO
ESS dividend stats
DPS
$9.38
Dividend yield
3.8%
Payout ratio
148.4%
vs. Real Estate sector
Dividend yield
6.37%
Payout ratio
138.1%

Dividend yield

What is Essex Property Trust current dividend yield

Essex Property Trust's dividend yield of 3.79% is lower than the Real Estate sector and the industry average. If we compare it with the Real Estate sector average of 6.37%, Essex Property Trust's dividend yield is 41% lower. Historically ESS's dividend yield has averaged at 3.3% in the last 5 years, which is less than the current one.

Dividend history

What is ESS dividend payout history and dates

Essex Property Trust has a history of paying dividends since 1994. Our records of ESS show that the company has distributed four quarterly dividends in the past year. The annualized dividend per share has an increase of 5% since twelve months ago. However with the price of the stock up by 17% from a year ago, the dividend yield has a decrease of 10%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Mar 27, 2024 Apr 12, 2024 Feb 22, 2024 $2.45 normal
Dec 29, 2023 Jan 12, 2024 Dec 8, 2023 $2.31 normal
Sep 28, 2023 Oct 13, 2023 Sep 7, 2023 $2.31 normal
Jun 29, 2023 Jul 14, 2023 May 12, 2023 $2.31 normal
Mar 30, 2023 Apr 14, 2023 Feb 23, 2023 $2.31 normal
Dec 30, 2022 Jan 13, 2023 Dec 9, 2022 $2.2 normal
Sep 29, 2022 Oct 14, 2022 Sep 15, 2022 $2.2 normal
Jun 29, 2022 Jul 15, 2022 May 11, 2022 $2.2 normal
Mar 30, 2022 Apr 14, 2022 Feb 24, 2022 $2.2 normal
Dec 31, 2021 Jan 14, 2022 Dec 10, 2021 $2.09 normal
Sep 29, 2021 Oct 15, 2021 Sep 10, 2021 $2.09 normal
Jun 29, 2021 Jul 15, 2021 May 12, 2021 $2.09 normal
Mar 30, 2021 Apr 15, 2021 Feb 18, 2021 $2.09 normal
Dec 31, 2020 Jan 15, 2021 Dec 8, 2020 $2.078 normal
Sep 29, 2020 Oct 15, 2020 Sep 2, 2020 $2.078 normal
Jun 29, 2020 Jul 15, 2020 May 14, 2020 $2.078 normal
Mar 30, 2020 Apr 15, 2020 Feb 21, 2020 $2.078 normal
Dec 31, 2019 Jan 15, 2020 Dec 16, 2019 $1.95 normal
Sep 27, 2019 Oct 15, 2019 Sep 6, 2019 $1.95 normal
Jun 27, 2019 Jul 12, 2019 May 15, 2019 $1.95 normal
Mar 28, 2019 Apr 12, 2019 Feb 21, 2019 $1.95 normal
Dec 31, 2018 Jan 15, 2019 Dec 14, 2018 $1.86 normal
Sep 27, 2018 Oct 12, 2018 Sep 18, 2018 $1.86 normal
Jun 28, 2018 Jul 13, 2018 May 21, 2018 $1.86 normal
Mar 28, 2018 Apr 16, 2018 Feb 21, 2018 $1.86 normal
Dec 28, 2017 Jan 16, 2018 Dec 13, 2017 $1.75 normal
Sep 28, 2017 Oct 16, 2017 Sep 19, 2017 $1.75 normal
Jun 28, 2017 Jul 14, 2017 May 18, 2017 $1.75 normal
Mar 29, 2017 Apr 17, 2017 Feb 22, 2017 $1.75 normal
Dec 28, 2016 Jan 17, 2017 Dec 15, 2016 $1.6 normal
Sep 28, 2016 Oct 14, 2016 Sep 21, 2016 $1.6 normal
Jun 28, 2016 Jul 15, 2016 May 20, 2016 $1.6 normal
Mar 29, 2016 Apr 15, 2016 Feb 18, 2016 $1.6 normal
Dec 30, 2015 Jan 15, 2016 Dec 16, 2015 $1.44 normal
Sep 28, 2015 Oct 15, 2015 Sep 16, 2015 $1.44 normal

Essex Property Trust dividend payout ratio

What is Essex Property Trust dividend payout ratio compared to the sector

Payout ratio

Essex Property Trust's payout ratio of 148.4% is above the Real Estate sector and the industry average. Compared to its Real Estate sector average of 138.1%, Essex Property Trust's payout ratio is 7% higher.

Total amount of dividends paid per financial year (from cash flow)

ESS dividend vs peer dividends

How does ESS dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
AGNC AGNC Investment Corp 15.58% $1.44 2,880%
CMCT CIM Commercial Trust Corp 10.09% $0.34 N/A
LTC Ltc Properties Inc 7.07% $2.28 105.6%
ESS Essex Property Trust Inc 3.8% $9.38 148.4%
GEO Geo Group Inc N/A N/A N/A

Frequently asked questions

Does Essex Property Trust pay a dividend?

Yes, Essex Property Trust has been paying dividends for the last 30 years.

When is Essex Property Trust's next dividend?

ESS hasn't announced its next dividend date yet, but if we take into consideration its recent dividend history, it is likely that its next dividend will be in June 2024.

When was ESS's last dividend?

Essex Property Trust's last regular dividend was on Mar 27, 2024 (ex-date) with the amount of $2.45 per share.

How much dividend does Essex Property Trust pay (per share)?

ESS's annualized dividend per share is $9.38.

What is Essex Property Trust's dividend yield?

Essex Property Trust's current dividend yield is 3.79%.

How often does Essex Property Trust pay dividends?

Essex Property Trust pays dividends quarterly.

What is Essex Property Trust's dividend payout ratio?

The dividend payout ratio of Essex Property Trust is 148.4%.

Does Essex Property Trust pay a good dividend?

Essex Property Trust's dividend yield is less than the Real Estate sector average.