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Essex Property Trust (Essex Property Trust) Dividends per Share

: $9.24 (TTM As of Dec. 2023)
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Essex Property Trust's dividends per share for the three months ended in Dec. 2023 was $2.31. Its dividends per share for the trailing twelve months (TTM) ended in Dec. 2023 was $9.24. Its Dividend Payout Ratio for the three months ended in Dec. 2023 was 2.28. As of today, Essex Property Trust's Dividend Yield % is 4.01%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Essex Property Trust Inc is 1.66, which seems too high.

Good Sign:

Essex Property Trust Inc stock dividend yield is close to 10-year high.

During the past 12 months, Essex Property Trust's average Dividends Per Share Growth Rate was 5.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 3.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 4.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 6.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Essex Property Trust was 24.60% per year. The lowest was 0.60% per year. And the median was 6.80% per year.

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


Essex Property Trust Dividends per Share Historical Data

The historical data trend for Essex Property Trust's Dividends per Share 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 Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividends per Share
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.80 8.31 8.36 8.80 9.24

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
Dividends per Share 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 2.20 2.31 2.31 2.31 2.31

Competitive Comparison

For the REIT - Residential subindustry, Essex Property 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.


Essex Property Trust Dividend Yield % Distribution

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

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



Essex Property Trust Dividends per Share Calculation

Dividends paid to per common share.


Essex Property Trust  (NYSE:ESS) Dividends per Share Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Essex Property Trust's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=2.31/ 1.015
=2.28

During the past 13 years, the highest Dividend Payout Ratio of Essex Property Trust was 2.29. The lowest was 1.05. And the median was 1.60.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Essex Property Trust Inc is 1.66, which seems too high.

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

Essex Property Trust Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 2.4502024-03-272024-03-292024-04-12Cash DividendquarterlyUSD:USD 1.000000
USD 2.3102023-12-292024-01-022024-01-12Cash DividendquarterlyUSD:USD 1.000000
USD 2.3102023-09-282023-09-292023-10-13Cash DividendquarterlyUSD:USD 1.000000
USD 2.3102023-06-292023-06-302023-07-14Cash 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.


Essex Property Trust's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=9.38/233.97
=4.01 %

Current Share Price is $233.97.
Essex Property Trust's Dividends per Share for the trailing twelve months (TTM) ended in Today is $9.38.

During the past 13 years, the highest Dividend Yield of Essex Property Trust was 4.42%. The lowest was 2.12%. And the median was 2.81%.

Good Sign:

Essex Property Trust Inc stock dividend yield is close to 10-year high.

* 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 Dividends per Share Related Terms

Thank you for viewing the detailed overview of Essex Property Trust's Dividends per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


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