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ESS.PRH.CL.PFD (Essex Property Trust) 5-Year Yield-on-Cost % : 8.71 (As of Dec. 14, 2024)


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What is Essex Property Trust 5-Year Yield-on-Cost %?

Essex Property Trust's yield on cost for the quarter that ended in Sep. 2024 was 8.71.


The historical rank and industry rank for Essex Property Trust's 5-Year Yield-on-Cost % or its related term are showing as below:

ESS.PRH.CL.PFD' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.6   Med: 3.5   Max: 5.43
Current: 8.71


During the past 13 years, Essex Property Trust's highest Yield on Cost was 5.43. The lowest was 2.60. And the median was 3.50.


ESS.PRH.CL.PFD's 5-Year Yield-on-Cost % is ranked worse than
81.22% of 900 companies
in the REITs industry
Industry Median: 6.815 vs ESS.PRH.CL.PFD: 8.71

Competitive Comparison of Essex Property Trust's 5-Year Yield-on-Cost %

For the REIT - Residential subindustry, Essex Property Trust's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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's 5-Year Yield-on-Cost % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Essex Property Trust's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Essex Property Trust's 5-Year Yield-on-Cost % falls into.



Essex Property Trust 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Essex Property Trust is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

Essex Property Trust  (NYSE:ESS.PRH.CL.PFD) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


Essex Property Trust 5-Year Yield-on-Cost % Related Terms

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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 254 apartment communities with over 62,000 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.