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Essex Property Trust (Essex Property Trust) Total Payout Yield % : 4.31 (As of Apr. 28, 2024)


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What is Essex Property Trust Total Payout Yield %?

Total Payout Yield % is the percent a company has paid to its shareholders through net repurchases of shares and dividends based on its Market Cap. It is a measure of shareholder return.

Essex Property Trust's current Total Payout Yield % is 4.31%.


Essex Property Trust Total Payout Yield % Historical Data

The historical data trend for Essex Property Trust's Total Payout Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Essex Property Trust Total Payout Yield % Chart

Essex Property Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Payout Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.48 5.22 2.40 5.52 4.29

Essex Property Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Total Payout Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.09 7.09 3.95 4.36 3.73

Competitive Comparison of Essex Property Trust's Total Payout Yield %

For the REIT - Residential subindustry, Essex Property Trust's Total Payout Yield %, along with its competitors' market caps and Total Payout Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Essex Property Trust's Total Payout Yield % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Essex Property Trust's Total Payout Yield % distribution charts can be found below:

* The bar in red indicates where Essex Property Trust's Total Payout Yield % falls into.



Essex Property Trust Total Payout Yield % Calculation

Total Payout Yield % is a measure of shareholder return.

Essex Property Trust's Total Payout Yield % for the fiscal year that ended in Dec. 2023 is calculated as

Total Payout Yield %=- (Repurchase of Stock + Issuance of Stock + Cash Flow for Dividends) / Market Cap
=- (-96.004 + 0 + -586.976) / 15918.61579
=4.29%

Essex Property Trust's annualized Total Payout Yield % for the quarter that ended in Dec. 2023 is calculated as

Total Payout Yield %=- (Repurchase of Stock + Issuance of Stock + Cash Flow for Dividends) * Annualized Factor / Market Cap
=- (-0.116 + 0 + -148.287) * 4 / 15918.61579
=3.73%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Essex Property Trust Total Payout Yield % Explanation

Similar to Dividend Yield, Total Payout Yield % is a measurement of shareholder return. Dividends is not the only way that companies are able to distribute their excess cash back to the shareholders. The other way to distribute the cash is a stock repurchase. The stock repurchase buys back the company's own shares from the marketplace. This results in a reduced number of oustanding shares, making each share worth a greater percentage of the corporation.


Essex Property Trust Total Payout Yield % Related Terms

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Essex Property Trust (Essex Property Trust) Business Description

Traded in Other Exchanges
Address
1100 Park Place, Suite 200, San Mateo, CA, USA, 94403
Essex Property Trust owns a portfolio of 252 apartment communities with over 62,000 units and is developing another property with 264 units. The company focuses on owning large, high-quality properties on the West Coast in the urban and suburban submarkets of Southern California, Northern California, and Seattle.
Executives
Anne Morrison officer: SVP - General Counsel C/O ESSEX PROPERTY TRUST, INC., 1100 PARK PLACE, SUITE 200, SAN MATEO CA 94403
Amal M Johnson director C/O MELLANOX TECHNOLOGIES, INC., 350 OAKMEAD PARKWAY, SUITE 100, SUNNYVALE CA 94085
Angela L. Kleiman officer: Executive Vice President & CFO 1100 PARK PLACE, SUITE 200, SAN MATEO CA 94403
Michael J Schall director, officer: Sr. Exec. Vice President & CFO C/O ESSEX PROPERTY TRUST, 1100 PARK PLACE, SUITE 200, SAN MATEO CA 94403
Adam W Berry officer: Co-Chief Investment Officer C/O ESSEX PROPERTY TRUST, INC., 1100 PARK PLACE, SUITE 200, SAN MATEO CA 94403
Barbara Pak officer: Executive Vice President & CFO C/O ESSEX PROPERTY TRUST, INC., 1100 PARK PLACE, SUITE 200, SAN MATEO CA 94403
John Farias officer: Group Vice President and CAO C/O ESSEX PROPERTY TRUST, INC, 1100 PARK PLACE, SUITE 200, SAN MATEO CA 94403
Lyons Irving F Iii director C/O ESSEX PROPERTY TRUST, INC., 925 E. MEADOW DRIVE, PALO ALTO CA 94303
Thomas E Robinson director 309 GARRISON FOREST ROAD, OWNINGS MILLS MD 21117
Byron A Scordelis director
Maria R Hawthorne director 701 WESTERN AVENUE, GLENDALE CA 91201
John F. Burkart officer: Executive Vice President C/O ESSEX PROPERTY TRUST INC., 1100 PARK PLACE, SUITE 200, SAN MATEO CA 94403
Craig K Zimmerman officer: Executive Vice President C/O ESSEX PROPERTY TRUST, 1100 PARK PLACE, SUITE 200, SAN MATEO CA 94403
Janice L. Sears director 1100 PARK PLACE, SUITE 200, SAN MATEO CA 94403
John D Eudy officer: Executive Vice President C/O ESSEX PROPERTY TRUST, 1100 PARK PLACE, SUITE 200, SAN MATEO CA 94403

Essex Property Trust (Essex Property Trust) Headlines