Empire State Realty Trust, Inc. (NYSE: ESRT), a leading real estate investment trust (REIT), owns, manages, operates, acquires and repositions office and retail properties in Manhattan and the greater New York metropolitan area, including the Empire State Building, the World's Most Famous Building. Headquartered in New York, New York, the Company's office and retail portfolio covers 10.1 million rentable square feet, as of September 30, 2020, consisting of 9.4 million rentable square feet in 14 office properties, including nine in Manhattan, three in Fairfield County, Connecticut, and two in Westchester County, New York; and approximately 700,000 rentable square feet in the retail portfolio. Long the leader in energy efficiency retrofits and Indoor Environmental Quality, Empire State Realty Trust is the first commercial real estate portfolio in the U.S. to achieve the WELL Health-Safety Rating.
Empire State Realty Trust Dividend Announcement
• Empire State Realty Trust announced a quarterly dividend of $0.04 per ordinary share which will be made payable on 2024-09-30. Ex dividend date: 2024-09-16
• Empire State Realty Trust annual dividend for 2024 was $0.11
• Empire State Realty Trust annual dividend for 2023 was $0.14
• Empire State Realty Trust's trailing twelve-month (TTM) dividend yield is 1.64%
• Empire State Realty Trust's payout ratio for the trailing twelve months (TTM) is 54.73%
• Empire State Realty Trust's dividend growth over the last five years (2018-2023) was -19.73% year
• Empire State Realty Trust's dividend growth over the last ten years (2013-2023) was 5.82% year
Empire State Realty Trust Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-16 | $0.04 | quarterly | 2024-09-30 |
2024-06-14 | $0.04 | quarterly | 2024-06-28 |
2024-03-14 | $0.04 | quarterly | 2024-03-28 |
2023-12-15 | $0.04 | quarterly | 2023-12-29 |
2023-09-14 | $0.04 | quarterly | 2023-09-29 |
2023-06-14 | $0.04 | quarterly | 2023-06-30 |
2023-03-14 | $0.04 | quarterly | 2023-03-31 |
2022-12-16 | $0.04 | quarterly | 2022-12-30 |
2022-09-14 | $0.04 | quarterly | 2022-09-30 |
2022-06-14 | $0.04 | quarterly | 2022-06-30 |
2022-03-14 | $0.04 | quarterly | 2022-03-31 |
2021-12-17 | $0.04 | quarterly | 2021-12-31 |
2021-09-14 | $0.04 | quarterly | 2021-09-30 |
2021-06-14 | $0.04 | quarterly | 2021-06-30 |
2020-06-18 | $0.10 | quarterly | 2020-06-30 |
2020-03-13 | $0.10 | quarterly | 2020-03-31 |
2019-12-20 | $0.10 | quarterly | 2019-12-31 |
2019-09-13 | $0.10 | quarterly | 2019-09-30 |
2019-06-13 | $0.10 | quarterly | 2019-06-28 |
2019-03-14 | $0.10 | quarterly | 2019-03-29 |
2018-12-14 | $0.10 | quarterly | 2018-12-31 |
2018-09-13 | $0.10 | quarterly | 2018-09-28 |
2018-06-14 | $0.10 | quarterly | 2018-06-29 |
2018-03-14 | $0.10 | quarterly | 2018-03-30 |
2017-12-14 | $0.10 | quarterly | 2017-12-29 |
2017-09-14 | $0.10 | quarterly | 2017-09-29 |
2017-06-13 | $0.10 | quarterly | 2017-06-30 |
2017-03-13 | $0.10 | quarterly | 2017-03-31 |
2016-12-13 | $0.10 | quarterly | 2016-12-29 |
2016-09-15 | $0.10 | quarterly | 2016-09-30 |
2016-06-13 | $0.10 | quarterly | 2016-06-30 |
2016-03-14 | $0.09 | quarterly | 2016-03-31 |
2015-12-11 | $0.09 | quarterly | 2015-12-31 |
2015-09-11 | $0.09 | quarterly | 2015-09-30 |
2015-06-11 | $0.09 | quarterly | 2015-06-30 |
2015-03-11 | $0.09 | quarterly | 2015-03-31 |
2014-12-11 | $0.09 | quarterly | 2014-12-31 |
2014-09-11 | $0.09 | quarterly | 2014-09-30 |
2014-06-11 | $0.09 | quarterly | 2014-06-30 |
2014-03-12 | $0.09 | quarterly | 2014-03-31 |
2013-12-12 | $0.08 | quarterly | 2013-12-30 |
Empire State Realty Trust Dividend per year
Empire State Realty Trust Dividend growth
Empire State Realty Trust Dividend Yield
Empire State Realty Trust current trailing twelve-month (TTM) dividend yield is 1.64%. Interested in purchasing Empire State Realty Trust stock? Use our calculator to estimate your expected dividend yield:
Empire State Realty Trust Financial Ratios
Empire State Realty Trust Dividend FAQ
Other factors to consider when evaluating Empire State Realty Trust as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Empire State Realty Trust's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Empire State Realty Trust publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Empire State Realty Trust distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Empire State Realty Trust are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Empire State Realty Trust sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Empire State Realty Trust distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Empire State Realty Trust declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Empire State Realty Trust's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Empire State Realty Trust's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.