ESBA (Empire State Realty OP LP) Dividend Payout Ratio : 0.46 (As of Sep. 2024)

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What is Empire State Realty OP LP Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Empire State Realty OP LP's Dividend Payout Ratio for the months ended in Sep. 2024 was 0.46.

The historical rank and industry rank for Empire State Realty OP LP's Dividend Payout Ratio or its related term are showing as below:

ESBA' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.26 Med: 1.05 Max: 1.21
Current: 0.59

During the past 13 years, the highest Dividend Payout Ratio of Empire State Realty OP LP was 1.21. The lowest was 0.26. And the median was 1.05.

ESBA's Dividend Payout Ratio is ranked better than
86.23% of 668 companies
in the REITs industry
Industry Median: 1.01 vs ESBA: 0.59

As of today (2024-12-15), the Dividend Yield % of Empire State Realty OP LP is 1.27%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Empire State Realty OP LP was 6.37%. The lowest was 0.29%. And the median was 1.86%.

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

During the past 3 years, the average Dividends Per Share Growth Rate was 10.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -20.30% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -3.90% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Empire State Realty OP LP was 33.40% per year. The lowest was -37.00% per year. And the median was 7.30% per year.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Empire State Realty OP LP Dividend Payout Ratio Historical Data

The historical data trend for Empire State Realty OP LP's Dividend Payout Ratio 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.

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Empire State Realty OP LP Dividend Payout Ratio Chart

Empire State Realty OP LP Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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1.17

1.03

0.69

Empire State Realty OP LP Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Dividend Payout Ratio	Get a 7-Day Free Trial															0.81	0.52	1.09	0.57	0.46

Competitive Comparison of Empire State Realty OP LP's Dividend Payout Ratio

For the REIT - Office subindustry, Empire State Realty OP LP's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 OP LP's Dividend Payout Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Empire State Realty OP LP's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Empire State Realty OP LP's Dividend Payout Ratio falls into.

Empire State Realty OP LP Dividend Payout Ratio Calculation

Empire State Realty OP LP's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	0.14	/	0.202
	=	0.69

Empire State Realty OP LP'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

Empire State Realty OP LP (ARCA:ESBA) Dividend Payout Ratio Explanation

In dividends investing, Dividend 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.

Empire State Realty OP LP Dividend Payout Ratio Related Terms

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Empire State Realty OP LP Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Empire State Realty OP LP (ARCA:ESBA) » Definitions » Dividend Payout Ratio

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OGCP:USA FISK:USA

Address

111 West 33rd Street, 12th Floor, New York, NY, USA, 10120

Website

https://www.esrtreit.com

Empire State Realty OP LP is the operating partner of Empire State Realty Inc. The company along with its partner manages, operates, acquires and repositions properties in Manhattan and the greater New York metropolitan area. The firm operates in two segments, Real Estate and Observatory. Through the Real Estate segment, it offers services related to the ownership, management, operation, acquisition, repositioning and disposition of its real estate assets. Under the Observatory segment, it operates the two observatories of the Empire State Building. The company generates maximum revenue from the Real Estate segment.