Essex Property Trust Dividends and Buybacks
Dividend criteria checks 5/6
Essex Property Trust is a dividend paying company with a current yield of 4.19% that is well covered by earnings.
Key information
4.2%
Dividend yield
0.9%
Buyback Yield
| Total Shareholder Yield | 5.1% |
| Future Dividend Yield | 4.5% |
| Dividend Growth | 2.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Payout ratio | 58% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ESS *'s dividends per share have been stable in the past 10 years.
Growing Dividend: ESS *'s dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Essex Property Trust Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ESS *) | 4.2% |
| Market Bottom 25% (MX) | 0% |
| Market Top 25% (MX) | 0% |
| Industry Average (Residential REITs) | 0% |
| Analyst forecast (ESS *) (up to 3 years) | 4.5% |
Notable Dividend: ESS *'s dividend (4.19%) is higher than the bottom 25% of dividend payers in the MX market (2.31%).
High Dividend: ESS *'s dividend (4.19%) is low compared to the top 25% of dividend payers in the MX market (7.29%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (57.6%), ESS *'s dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (65.1%), ESS *'s dividend payments are covered by cash flows.