Empire State Realty Trust Dividend

What is Empire State Realty Trust current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


1.84%

Current Dividend Yield

Dividend Yield vs Market

Empire State Realty Trust Dividend Yield vs Market
How does ESRT dividend yield compare to the market?
SegmentDividend Yield
Company (ESRT)1.8%
Market Bottom 25% (US)1.5%
Market Top 25% (US)4.3%
Industry Average (REITs)3.8%
Analyst forecast in 3 Years (ESRT)2.6%

Notable Dividend: ESRT's dividend (1.84%) is higher than the bottom 25% of dividend payers in the US market (1.52%).

High Dividend: ESRT's dividend (1.84%) is low compared to the top 25% of dividend payers in the US market (4.29%).


Stability and Growth of Payments

How stable has Empire State Realty Trust's dividend per share been in the past?
MonthDividend Per Share (annual)Avg. Yield (%)
12/31/20240.252
12/31/20230.187
12/31/20220.146
11/23/20220.141.84
8/18/20220.141.98
5/17/20220.141.85
5/5/20220.141.71
4/27/20220.141.6
12/10/20210.141.52
8/11/20210.141.38
5/17/20210.141.18
5/7/2021-0
4/28/2021-0
2/26/2021-0
2/17/2021-0
8/27/2020-0
6/9/20200.426.24
2/28/20200.425.03
12/13/20190.423.08
8/9/20190.423
5/17/20190.422.82
3/1/20190.422.68
12/7/20180.422.79
8/10/20180.422.56
5/18/20180.422.48
3/2/20180.422.49
11/24/20170.422.18
8/9/20170.422.05
5/12/20170.422.02
2/17/20170.422
11/25/20160.422.08
9/8/20160.422.09
6/1/20160.422.1
2/19/20160.341.92
12/3/20150.342.01
8/25/20150.341.95
5/20/20150.341.93
2/18/20150.341.87
12/1/20140.341.91
9/2/20140.342.16
5/22/20140.342.06
2/21/20140.342.21
12/5/20130.342.3

Stable Dividend: ESRT has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: ESRT has only been paying a dividend for 9 years, and since then payments have fallen.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (12.2%), ESRT's dividend payments are thoroughly covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (17.4%), ESRT's dividend payments are well covered by cash flows.


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