Empire State Realty Trust Dividends and Buybacks
Dividend criteria checks 3/6
Empire State Realty Trust is a dividend paying company with a current yield of 2.53% that is well covered by earnings. Next payment date is on 31st March, 2026 with an ex-dividend date of 13th March, 2026.
Key information
2.5%
Dividend yield
0.5%
Buyback Yield
| Total Shareholder Yield | 3.1% |
| Future Dividend Yield | 2.9% |
| Dividend Growth | -12.4% |
| Next dividend pay date | 31 Mar 26 |
| Ex dividend date | 13 Mar 26 |
| Dividend per share | n/a |
| Payout ratio | 12% |
Recent dividend and buyback updates
Recent updates
Empire State Realty: Strong Observatory Operations, Attractive Upside Potential
Jan 21Earnings Beat: Empire State Realty Trust, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Feb 22
Empire State Realty Trust In An Empire State Of Mind, As NYC Office Demand Returns
Jan 20Empire State Realty Trust Is A Way To Go Long New York City
Dec 15Empire State Realty Trust: Expensive Valuation, Wait For A Better Entry Point
Sep 10
Williamsburg Expansion And ESG Focus Risk Undermining ESRT's Financial Stability
Expansion into Williamsburg and an optimistic office leasing strategy amidst evolving work dynamics might increase operational risks and strain occupancy rates.Shareholders May Not Be So Generous With Empire State Realty Trust, Inc.'s (NYSE:ESRT) CEO Compensation And Here's Why
May 03Empire State Realty Trust: A Bet On The Mean Reversion
Mar 05Empire State Realty: Occupancy Gains, 2024 Fed Pivot, And Possible Dividend Hike
Dec 15Empire State Realty: Fairly Valued Following YTD Outperformance
Sep 25Office REIT Empire State Realty Trust Is A Way To Sell Short New York City
Jun 29Empire State Realty: Outlook Positive Despite Haze Over The Observatory
Jun 08Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ESRT's dividend payments have been volatile in the past 10 years.
Growing Dividend: ESRT's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Empire State Realty Trust Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ESRT) | 2.5% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Office REITs) | 5.7% |
| Analyst forecast (ESRT) (up to 3 years) | 2.9% |
Notable Dividend: ESRT's dividend (2.53%) is higher than the bottom 25% of dividend payers in the US market (1.42%).
High Dividend: ESRT's dividend (2.53%) is low compared to the top 25% of dividend payers in the US market (4.28%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (12.4%), ESRT's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (15.7%), ESRT's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/03/09 14:19 |
| End of Day Share Price | 2026/03/06 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Empire State Realty Trust, Inc. is covered by 21 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| John Kim | BMO Capital Markets Equity Research |
| Juan Sanabria | BMO Capital Markets Equity Research |
| Jing Xian Tan Bonnel | BofA Global Research |