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ESRT (Empire State Realty Trust) 3-Year Dividend Growth Rate : -12.60% (As of Sep. 2024)


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What is Empire State Realty Trust 3-Year Dividend Growth Rate?

Empire State Realty Trust's Dividends per Share for the three months ended in Sep. 2024 was $0.04.

The historical rank and industry rank for Empire State Realty Trust's 3-Year Dividend Growth Rate or its related term are showing as below:

ESRT' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -37   Med: -5.5   Max: 71
Current: -12.6

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.

ESRT's 3-Year Dividend Growth Rate is ranked worse than
89.65% of 512 companies
in the REITs industry
Industry Median: 3.1 vs ESRT: -12.60

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. 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.

Empire State Realty Trust's Dividend Payout Ratio for the three months ended in Sep. 2024 was 0.46. As of today, Empire State Realty Trust's Dividend Yield % is 1.28%.

Warning Sign:

Empire State Realty Trust Inc stock dividend yield is close to 2-year low.

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


Competitive Comparison of Empire State Realty Trust's 3-Year Dividend Growth Rate

For the REIT - Diversified subindustry, Empire State Realty Trust's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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's 3-Year Dividend Growth Rate Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Empire State Realty Trust's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Empire State Realty Trust's 3-Year Dividend Growth Rate falls into.



Empire State Realty Trust 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

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.


Empire State Realty Trust  (NYSE:ESRT) 3-Year Dividend Growth Rate Explanation

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

Empire State Realty Trust's Dividend Payout Ratio for the quarter that ended in Sep. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Sep. 2024 )/ EPS without NRI (Q: Sep. 2024 )
=0.035/ 0.076
=0.46

During the past 13 years, the highest Dividend Payout Ratio of Empire State Realty Trust was 1.50. The lowest was 0.59. And the median was 1.07.

2. 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 0.0350002024-09-162024-09-162024-09-30Cash DividendquarterlyUSD:USD 1.000000
USD 0.0350002024-06-142024-06-142024-06-28Cash DividendquarterlyUSD:USD 1.000000
USD 0.0350002024-03-142024-03-152024-03-28Cash DividendquarterlyUSD:USD 1.000000
USD 0.0350002023-12-152023-12-182023-12-29Cash 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 Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.14/11.23
=1.25 %

Current Share Price is $11.23.
Empire State Realty Trust's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.14.

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 1.95%.

Warning Sign:

Empire State Realty Trust Inc stock dividend yield is close to 2-year low.

* 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 3-Year Dividend Growth Rate Related Terms>


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 8.5 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