Essex Property Trust, Inc., an S&P 500 company, is a fully integrated real estate investment trust (REIT) that acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast markets. Essex currently has ownership interests in 246 apartment communities comprising approximately 60,000 apartment homes with an additional 6 properties in various stages of active development.
Essex Property Trust Dividend Announcement
• Essex Property Trust announced a quarterly dividend of $2.45 per ordinary share which will be made payable on 2024-10-11. Ex dividend date: 2024-09-30
• Essex Property Trust annual dividend for 2024 was $7.35
• Essex Property Trust annual dividend for 2023 was $9.24
• Essex Property Trust's trailing twelve-month (TTM) dividend yield is 3.18%
• Essex Property Trust's payout ratio for the trailing twelve months (TTM) is 111.25%
• Essex Property Trust's dividend growth over the last five years (2018-2023) was 4.43% year
• Essex Property Trust's dividend growth over the last ten years (2013-2023) was 6.68% year
Essex Property Trust Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-30 | $2.45 | quarterly | 2024-10-11 |
2024-06-28 | $2.45 | quarterly | 2024-07-12 |
2024-03-27 | $2.45 | quarterly | 2024-04-12 |
2023-12-29 | $2.31 | quarterly | 2024-01-12 |
2023-09-28 | $2.31 | quarterly | 2023-10-13 |
2023-06-29 | $2.31 | quarterly | 2023-07-14 |
2023-03-30 | $2.31 | quarterly | 2023-04-14 |
2022-12-30 | $2.20 | quarterly | 2023-01-13 |
2022-09-29 | $2.20 | quarterly | 2022-10-14 |
2022-06-29 | $2.20 | quarterly | 2022-07-15 |
2022-03-30 | $2.20 | quarterly | 2022-04-14 |
2021-12-31 | $2.09 | quarterly | 2022-01-14 |
2021-09-29 | $2.09 | quarterly | 2021-10-15 |
2021-06-29 | $2.09 | quarterly | 2021-07-15 |
2021-03-30 | $2.09 | quarterly | 2021-04-15 |
2020-12-31 | $2.08 | quarterly | 2021-01-15 |
2020-09-29 | $2.08 | quarterly | 2020-10-15 |
2020-06-29 | $2.08 | quarterly | 2020-07-15 |
2020-03-30 | $2.08 | quarterly | 2020-04-15 |
2019-12-31 | $1.95 | quarterly | 2020-01-15 |
2019-09-27 | $1.95 | quarterly | 2019-10-15 |
2019-06-27 | $1.95 | quarterly | 2019-07-12 |
2019-03-28 | $1.95 | quarterly | 2019-04-12 |
2018-12-31 | $1.86 | quarterly | 2019-01-15 |
2018-09-27 | $1.86 | quarterly | 2018-10-12 |
2018-06-28 | $1.86 | quarterly | 2018-07-13 |
2018-03-28 | $1.86 | quarterly | 2018-04-16 |
2017-12-28 | $1.75 | quarterly | 2018-01-16 |
2017-09-28 | $1.75 | quarterly | 2017-10-16 |
2017-06-28 | $1.75 | quarterly | 2017-07-14 |
2017-03-29 | $1.75 | quarterly | 2017-04-17 |
2016-12-28 | $1.60 | quarterly | 2017-01-17 |
2016-09-28 | $1.60 | quarterly | 2016-10-14 |
2016-06-28 | $1.60 | quarterly | 2016-07-15 |
2016-03-29 | $1.60 | quarterly | 2016-04-15 |
2015-12-30 | $1.44 | quarterly | 2016-01-15 |
2015-09-28 | $1.44 | quarterly | 2015-10-15 |
2015-06-26 | $1.44 | quarterly | 2015-07-15 |
2015-03-27 | $1.44 | quarterly | 2015-04-15 |
2014-12-30 | $1.30 | quarterly | 2015-01-15 |
2014-09-26 | $1.30 | quarterly | 2014-10-15 |
2014-06-26 | $1.30 | quarterly | 2014-07-15 |
2014-03-12 | $1.21 | quarterly | 2014-03-31 |
2013-12-30 | $1.21 | quarterly | 2014-01-15 |
2013-09-26 | $1.21 | quarterly | 2013-10-15 |
2013-06-26 | $1.21 | quarterly | 2013-07-15 |
2013-03-26 | $1.21 | quarterly | 2013-04-15 |
Essex Property Trust Dividend per year
Essex Property Trust Dividend growth
Essex Property Trust Dividend Yield
Essex Property Trust current trailing twelve-month (TTM) dividend yield is 3.18%. Interested in purchasing Essex Property Trust stock? Use our calculator to estimate your expected dividend yield:
Essex Property Trust Financial Ratios
Essex Property Trust Dividend FAQ
Other factors to consider when evaluating Essex Property 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.
Place an order: Use the brokerage's trading platform to place an order to buy Essex Property Trust stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
1. Determination of Dividend: Essex Property 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, Essex Property 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, Essex Property 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 Essex Property 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: Essex Property 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, Essex Property 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: Essex Property 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 Essex Property 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 Essex Property 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.