Essex Property Trust (Essex Property Trust) Dividend Yield % : 7.09% (As of Apr. 24, 2024)

View and export this data going back to . Start your Free Trial

What is Essex Property Trust Dividend Yield %?

As of today (2024-04-24), the Trailing Annual Dividend Yield of Essex Property Trust is 7.09%.

The historical rank and industry rank for Essex Property Trust's Dividend Yield % or its related term are showing as below:

ESS.PRH.CL.PFD' s Dividend Yield % Range Over the Past 10 Years
Min: 2.12 Med: 2.81 Max: 7.09
Current: 7.09

During the past 13 years, the highest Dividend Yield of Essex Property Trust was 7.09%. The lowest was 2.12%. And the median was 2.81%.

ESS.PRH.CL.PFD's Dividend Yield % is ranked worse than
84.11% of 837 companies
in the REITs industry
Industry Median: 7.11 vs ESS.PRH.CL.PFD: 7.09

Essex Property Trust's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.00.

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.

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.

As of today (2024-04-24), the Forward Dividend Yield % of Essex Property Trust is 7.09%.

Essex Property Trust's Dividends per Share for the three months ended in Dec. 2023 was $0.00.

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.

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.

The growth rate is calculated with least square regression.

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

Essex Property Trust Dividend Yield % Historical Data

The historical data trend for Essex Property Trust's Dividend 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.

* Premium members only.

Essex Property Trust Dividend Yield % Chart

Essex Property Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Yield %

Get a 7-Day Free Trial

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
Dividend Yield %	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Essex Property Trust's Dividend Yield %

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's Dividend Yield % Distribution in the REITs Industry

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 Dividend Yield % Calculation

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

Essex Property Trust (NYSE:ESS.PRH.CL.PFD) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, 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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.

Essex Property Trust Dividend Yield % Related Terms

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

Essex Property Trust (Essex Property Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Essex Property Trust Inc (NYSE:ESS.PRH.CL.PFD) » Definitions » Dividend Yield %

Comparable Companies

Traded in Other Exchanges

ESS:USA EXP:Germany E1SS34:Brazil

Address

1100 Park Place, Suite 200, San Mateo, CA, USA, 94403

Website

http://www.essex.com

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.