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Essex Property Trust (ESS) Dividend Yield, Date & History

Essex Property Trust logo
$283.76 +4.75 (+1.70%)
(As of 12/20/2024 05:31 PM ET)

Essex Property Trust Dividend Summary

Dividend Yield
3.45%
Annual Dividend
$9.80
Next
Dividend Payment
Jan. 15
Dividend Increase
Track Record
30 Years
Annualized 3-Year
Dividend Growth
3.60%
Dividend Payout Ratio
114.49%

Essex Property Trust (ESS) pays an annual dividend of $9.80 per share, with a dividend yield of 3.45%. The next quarterly payment of $2.45 per share is scheduled for Wednesday, January 15, to investors who own the stock before the ex-dividend date of Thursday, January 2. ESS has grown its dividend for 30 consecutive years, with an average annual increase of 1.19%. The company currently pays out 114.49% of its earnings and 68.73% of its cash flow as dividends.

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Skip Charts & View Dividend History

ESS Dividend Payments by Quarter

The chart below displays up to four years of Essex Property Trust's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

ESS Dividend Yield Over Time

The chart below tracks Essex Property Trust's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Essex Property Trust vs. The Competition

Compare Essex Property Trust's annual dividend, yield, and 3-year growth rate with averages for Finance and NYSE companies to evaluate its performance against the market.

TypeEssex Property TrustFinance CompaniesNYSE Companies
Annual Dividend$9.80$0.02$1.39
Dividend Yield3.45%5.66%3.62%
Annualized 3-Year Dividend Growth3.60%12.89%15.78%
Track Record30 years18 years24 years

Essex Property Trust Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings114.49%
Based on This Year's Estimate62.98%
Based on Next Year's Estimate61.21%
Based on Cashflow68.73%

Essex Property Trust Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
12/6/2024quarterly$2.45 - 3.27%1/2/20251/2/20251/15/2025
9/5/2024quarterly$2.45 - 3.24%9/30/20249/30/202410/11/2024
5/15/2024quarterly$2.45 - 3.66%6/28/20246/28/20247/24/2024
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2/22/2024quarterly$2.45+$0.14
6.06%
4.26%3/27/20243/29/20244/12/2024
12/8/2023quarterly$2.31 - 4.09%12/29/20231/2/20241/12/2024
9/7/2023quarterly$2.31 - 4%9/28/20239/29/202310/13/2023
5/12/2023quarterly$2.31 - 4.29%6/29/20236/30/20237/14/2023
2/23/2023quarterly$2.31+$0.11
5.00%
3.98%3/30/20233/31/20234/14/2023

This table shows Essex Property Trust's quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Essex Property Trust Dividend - Frequently Asked Questions

The current dividend yield for Essex Property Trust is 3.45%. Learn more on ESS's dividend yield history.

The annual dividend for ESS shares is $9.80. Learn more on ESS's annual dividend history.

Essex Property Trust pays quarterly dividends to shareholders.

Essex Property Trust's next quarterly dividend payment of $2.45 per share will be made to shareholders on Wednesday, January 15, 2025.

Essex Property Trust's most recent quarterly dividend payment of $2.45 per share was made to shareholders on Friday, October 11, 2024.

Essex Property Trust's next ex-dividend date is Thursday, January 2, 2025.

Essex Property Trust's most recent ex-dividend date was Monday, September 30, 2024.

Over the past three years, the company's dividend has grown by an average of 3.60% per year.

Essex Property Trust has increased its dividend for the past 30 consecutive years.

The most recent change in the company's dividend was an increase of $0.14 on Thursday, February 22, 2024.

The dividend payout ratio for ESS is:
  • 114.49% based on the trailing year of earnings
  • 62.98% based on this year's estimates
  • 61.21% based on next year's estimates
  • 68.73% based on cash flow

Essex Property Trust's dividend yield of 3.51% is lower than the average Finance company that issues a dividend. The company's 30 consecutive years of dividend growth indicate that the company has a strong committment to maintain and grow its dividend. Essex Property Trust's dividend payout ratio of 114.49% may not be sustainable. However, based on earnings estimates, ESS will have a more sustainable dividend payout ratio of 61.21% next year.

Looking at the stock as a whole, market analysts rate Essex Property Trust stock as a Hold, forecasting limited upside or downside, with the stock seen as fairly valued at this time.


This page (NYSE:ESS) was last updated on 12/22/2024 by MarketBeat.com Staff
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