Essex Property Trust, Inc. (NYSE:ESS, Financial) announced today that its Board of Directors has approved a 5.3% increase to its annual cash dividend. This represents the 28th consecutive annual dividend increase. The Board of Directors has declared a first quarter dividend of $2.20 per share, payable on April 14, 2022 to shareholders of record as of March 31, 2022. On an annualized basis, the dividend represents a distribution of $8.80 per common share.
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