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Empire State Realty Trust (Empire State Realty Trust) Dividend Yield %

: 1.55% (As of Today)
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As of today (2024-04-19), the Trailing Annual Dividend Yield of Empire State Realty Trust is 1.55%.

The historical rank and industry rank for Empire State Realty Trust's Dividend Yield % or its related term are showing as below:

ESRT' s Dividend Yield % Range Over the Past 10 Years
Min: 0.29   Med: 1.96   Max: 7.06
Current: 1.55

During the past 13 years, the highest Dividend Yield of Empire State Realty Trust was 7.06%. The lowest was 0.29%. And the median was 1.96%.

ESRT's Dividend Yield % is ranked worse than
96.89% of 837 companies
in the REITs industry
Industry Median: 7.14 vs ESRT: 1.55

Empire State Realty Trust's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.52.

During the past 13 years, the highest Dividend Payout Ratio of Empire State Realty Trust was 1.50. The lowest was 0.63. And the median was 1.07.

As of today (2024-04-19), the Forward Dividend Yield % of Empire State Realty Trust is 1.55%.

Empire State Realty Trust's Dividends per Share for the three months ended in Dec. 2023 was $0.04.

During the past 3 years, the average Dividends Per Share Growth Rate was -12.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -23.70% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -4.90% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Empire State Realty Trust was 71.00% per year. The lowest was -37.00% per year. And the median was -5.50% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Empire State Realty Trust Dividend Yield % Historical Data

The historical data trend for Empire State Realty Trust's Dividend 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.

Empire State Realty Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.01 3.38 1.18 2.06 1.44

Empire State Realty Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Yield % 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 Premium Member Only Premium Member Only Premium Member Only 2.06 2.16 1.87 1.74 1.44

Competitive Comparison

For the REIT - Diversified subindustry, Empire State Realty Trust's Dividend Yield %, along with its competitors' market caps and Dividend 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.


Empire State Realty Trust Dividend Yield % Distribution

For the REITs industry and Real Estate sector, Empire State Realty Trust's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Empire State Realty Trust's Dividend Yield % falls into.



Empire State Realty Trust Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Empire State Realty Trust Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0352024-03-142024-03-152024-03-28Cash DividendquarterlyUSD:USD 1.000000
USD 0.0352023-12-152023-12-182023-12-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.0352023-09-142023-09-152023-09-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.0352023-06-142023-06-152023-06-30Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Empire State Realty Trust's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.14/9.15
=1.53 %

Current Share Price is $9.15.
Empire State Realty Trust's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.14.

Empire State Realty Trust's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.14/9.15
=1.53 %

Current Share Price is $9.15.
Empire State Realty Trust's Dividends per Share for the forward twelve months is calculated as $0.035 * 4 = $0.14.

* 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.


Empire State Realty Trust  (NYSE:ESRT) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Empire State Realty Trust Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Empire State Realty Trust's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Empire State Realty Trust (Empire State Realty Trust) Business Description

Traded in Other Exchanges
Address
111 West 33rd Street, 12th Floor, New York, NY, USA, 10120
Empire State Realty Trust operates as a pure-play greater New York and Manhattan-focused REIT, featuring its landmark Empire State Building office and observation deck. The company owns and operates around 9.4 million square feet of office space, about 80% of which is located in Manhattan.
Executives
Hannah Y Yang director C/O EMPIRE STATE REALTY TRUST, INC., 111 WEST 33RD STREET, 12TH FLOOR, NEW YORK NY 10120
Tassell Christina Van director C/O 111 RIVER STREET, HOBOKEN NJ 07030
Stephen Horn officer: Chief Accounting Officer 255 WEST 94TH STREET, NEW YORK NY 10025
Grant Hill director 121 ORANGE AVE, SUITE 1500, ORLANDO FL 32801
Robert Paige Hood director C/O EMPIRE STATE REALTY TRUST, INC., 111 WEST 33RD STREET, 12TH FLOOR, NEW YORK NY 10120
Christina Chiu officer: EVP and CFO C/O EMPIRE STATE REALTY TRUST, INC., 111 WEST 33RD STREET, 12TH FLOOR, NEW YORK NY 10120
Patricia Han director 600 OFFICE CENTER DRIVE, FORT WASHINGTON PA 19034
David A Karp director, officer: EVP and CFO C/O EMPIRE STATE REALTY TRUST, INC., 111 WEST 33RD STREET, NEW YORK NY 10120
Quark Holding Llc 10 percent owner P.O. BOX 23224 OOREDOO TOWER, DIPLOMATIC AREA STREET, WEST BAY, DOHA S3 S3
Thomas J Derosa director C/O WELLTOWER INC., 4500 DORR STREET, TOLEDO OH 43615
Salvatore Michael Giliberto director C/O EMPIRE STATE REALTY TRUST, INC., 111 WEST 33RD STREET, 12TH FLOOR, NEW YORK NY 10120
Steven J Gilbert director 540 MADISON AVE, 40TH FL, NEW YORK NY 10022
Robinson James D Iv director 130 EAST 59TH STREET, NEW YORK NY 10022
William H Berkman director 650 MADISON AVE, 25TH FL, NEW YORK NY 10022
Leslie D. Biddle director 111 WEST 33RD STREET 12TH FLOOR, NEW YORK NY 10120