OGCP (Empire State Realty OP LP) Shareholder Yield % : 13.02% (As of Mar. 2026) — 837% Above Median


OGCP Empire State Realty OP LP OGCP
60 GF Score
Price $5.75
GF Value $8.91
Valuation Possible Value Trap
! 6 Warning Signs
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What is Empire State Realty OP LP Shareholder Yield %?

Empire State Realty OP LP OGCP 60 Shareholder Yield % is 13.02% as of Mar. 2026, which is 837% above its 10-year median of 1.39. GuruFocus rates OGCP with a GF Score™ of 60/100 and a GF Value™ of $8.91 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 883 REITs companies, Empire State Realty OP LP ranks better than 78.71% on this metric.

Shareholder Yield % is how much money shareholders receive from a company that is in the form of cash dividends, net stock repurchases, and debt reduction. It is a measure of shareholder return. As of today, Empire State Realty OP LP's Shareholder Yield % was 13.02%.


Empire State Realty OP LP  (ARCA:OGCP) Shareholder Yield % Explanation

Shareholder Yield % is how much money shareholders receive from a company that is in the form of cash dividends, net stock repurchases, and debt reduction. The term was coined by William W. Priest of Epoch Investment Partners in a paper in 2005 entitled The Case for Shareholder Yield as a Dominant Driver of Future Equity Returns. William Priest indicated that "shareholder yield is a term that we came up with to reflect the various ways dividends can be paid to owners of a business in a publicly-traded company."

Shareholder Yield % is calculated by three components: Dividend Yield %, Buyback Yield %, and Net Debt Paydown Yield %.

Dividend Yield % shows how much a company pays out in dividends each year relative to its stock price, which is most obvious form of shareholder return.

Buyback Yield % is the net repurchase of shares outstanding over the market capital of the company. Shares repurchases also increase shareholder value by returning the money back to shareholders.

Net Debt Paydown Yield % is the change in average of four quarters of company's total debt over a company's market cap. Assuming the total value of a company remains that same, shareholder value is increased as debt is reduced.


Empire State Realty OP LP Shareholder Yield % Related Terms


Empire State Realty OP LP Shareholder Yield % Historical Data

* Premium members only.

The historical data trend for Empire State Realty OP LP's Shareholder 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.

Empire State Realty OP LP Shareholder Yield % Chart

Empire State Realty OP LP Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shareholder Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.48 2.08 3.58 -4.42 17.68

Empire State Realty OP LP Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Shareholder Yield % Get a 7-Day Free Trial 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 -3.75 3.41 11.06 17.68 13.08

OGCP vs DEI, DEA, PDM: Shareholder Yield % Comparison

For the REIT - Office subindustry, Empire State Realty OP LP's Shareholder Yield %, along with its competitors' market caps and Shareholder 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 OP LP Shareholder Yield % vs REITs Industry

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

* The bar in red indicates where Empire State Realty OP LP's Shareholder Yield % falls into.


OGCP
60GF Score
Empire State Realty OP LP OGCP
Shareholder Yield % is just one metric. See GF Score™, valuation, warning signs, and more.
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Empire State Realty OP LP Shareholder Yield % Calculation

Empire State Realty OP LP's Shareholder Yield % for the quarter that ended in Mar. 2026 is calculated as:

Shareholder Yield %=Dividend Yield %+Buyback Yield %+Net Debt Paydown Yield %
=2.67 %+0.00 %+9.91 %
=12.58 %

* 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.

* All the data are calculated by TTM values. Note that if a companies is traded in several exchanges, then we calculate the company level data for Shareholder Yield % using the primary share class stock data. The calculation result in definition page is for demonstration purpose only, and it's showing the share class level data. Therefore, the numbers in the calculation may differ from elsewhere if the stock is not a primary share.

Frequently Asked Questions Learn more about Shareholder Yield % →
What does a Shareholder Yield % of 13.02% mean?
Empire State Realty OP LP (OGCP) has a Shareholder Yield % of 13.02% as of Mar. 2026. Shareholder Yield is how much money shareholders receive from a company that is in the form of cash dividends, net stock repurchases, and debt reduction. View historical data on Empire State Realty OP LP and its competitors. This is 837% above median its historical median of 1.39. According to the industry distribution chart, Empire State Realty OP LP ranks #188 out of 883 companies in the REITs industry, placing it in the top 21.3%.
Is Empire State Realty OP LP's Shareholder Yield % too high?
Empire State Realty OP LP's current Shareholder Yield % of 13.02% is 837% above median its 10-year median of 1.39. The REITs industry median Shareholder Yield % is 5.08. Empire State Realty OP LP's value of 13.02% is 156.3% above this industry median. Based on the distribution chart, Empire State Realty OP LP ranks #188 out of 883 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Empire State Realty OP LP has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Empire State Realty OP LP's Shareholder Yield % compare to DEI and DEA?
According to the REITs industry distribution chart, Empire State Realty OP LP ranks #188 out of 883 companies for Shareholder Yield %. This places Empire State Realty OP LP in the top 21% of its industry — outperforming the majority of peers. The industry median Shareholder Yield % is 5.08. Empire State Realty OP LP's value of 13.02% is 156.3% above this benchmark. While the company's 10-year median is 1.39 vs. the industry median of 5.08, Empire State Realty OP LP has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shareholder Yield % for a REITs company?
The median Shareholder Yield % among REITs companies is 5.08, based on 883 companies in the industry. Companies in the top quartile (top 25%) have a Shareholder Yield % significantly above this median, while those in the bottom quartile fall well below. However, Shareholder Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Empire State Realty OP LP's current Shareholder Yield % of 13.02% is 156.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shareholder Yield % mean?
A high Shareholder Yield % can signal that a stock is expensive relative to its fundamentals. Shareholder Yield is how much money shareholders receive from a company that is in the form of cash dividends, net stock repurchases, and debt reduction. View historical data on Empire State Realty OP LP and its competitors. For the REITs industry, the median Shareholder Yield % is 5.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Empire State Realty OP LP's current Shareholder Yield % is 13.02%, which is 837% above median its own 10-year median of 1.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Empire State Realty OP LP stock overvalued right now?
Based on GuruFocus' analysis, Empire State Realty OP LP (OGCP) is currently considered Possible Value Trap. The stock's GF Value™ is $8.91, compared to a current price of $5.75 — trading 35.5% below its estimated fair value. The current Shareholder Yield % is 13.02%, which is 837% above median its 10-year median of 1.39 and 156.3% above the REITs industry median of 5.08. Empire State Realty OP LP's overall GF Score™ is 60/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shareholder Yield % calculated?
Shareholder Yield % is calculated from a company's financial statements. For Empire State Realty OP LP (OGCP), the current Shareholder Yield % is 13.02% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Empire State Realty OP LP (OGCP) Overvalued in 2026?

Based on GuruFocus' analysis, Empire State Realty OP LP stock appears to be undervalued. The current stock price of $5.75 is trading 35.5% below its estimated GF Value™ of $8.91. GuruFocus considers Empire State Realty OP LP to be Possible Value Trap.

Key valuation signals for OGCP:

  • Shareholder Yield %: 13.02% (837% above median its 10-year median of 1.39)
  • GF Value™: $8.91 vs. price of $5.75 (35.5% below fair value)
  • GF Score™: 60/100 with 6 warning signs
  • Industry Position: 156.3% above the REITs median (#188 of 883)

No single metric tells the full story. See the OGCP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Empire State Realty OP LP Business Description

Industry Real EstateREITs
Other Exchanges FISK:USAESBA:USA
Address 111 West 33rd Street, 12th Floor, New York, NY, USA, 10120
Empire State Realty OP LP is an NYC-focused real estate investment trust (REIT) that owns and operates a portfolio of well-leased, top-of-tier, modernized, amenitized, and well-located office, retail, and multifamily assets, conducts all of its business, and owns substantially all of its assets. 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.
60GF Score

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Shareholder Yield % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$5.75
Price
$8.91
GF Value