Essex Property Trust's latest quarterly dividend of $2.31 per share was on Sep 28, 2023 (ex-date). At an annualized rate of $9.13 per share, the stock yields 4.12%.
Essex Property Trust's dividend yield of 4.12% is lower than the Real Estate sector and the industry average. If we compare it with the Real Estate sector average of 6.54%, Essex Property Trust's dividend yield is 37% lower. Historically ESS's dividend yield has averaged at 3.2% in the last 5 years, which is less than the current one.
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. And with the price of the stock up by 3.3% from a year ago, the dividend yield has an increase of 1.6%.
Ex-date | Payment date | Declared on | Amount | Type |
---|---|---|---|---|
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's payout ratio of 112.2% is below the Real Estate sector and the industry average. Compared to its Real Estate sector average of 149.6%, Essex Property Trust's payout ratio is 25% lower.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
AGNC AGNC Investment Corp | 16.18% | $1.44 | 288% |
CMCT CIM Commercial Trust Corp | 9.33% | $0.34 | N/A |
CPT Camden Property Trust | 4.22% | $3.94 | 189.4% |
ESS Essex Property Trust Inc | 4.08% | $9.13 | 112.2% |
GEO Geo Group Inc | N/A | N/A | N/A |
Yes, Essex Property Trust has been paying dividends for the last 29 years.
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 December 2023.
Essex Property Trust's last regular dividend was on Sep 28, 2023 (ex-date) with the amount of $2.31 per share.
ESS's annualized dividend per share is $9.13.
Essex Property Trust's current dividend yield is 4.12%.
Essex Property Trust pays dividends quarterly.
The dividend payout ratio of Essex Property Trust is 112.2%.
Essex Property Trust's dividend yield is less than the Real Estate sector average.