Empire State Realty Trust, Inc.

NYSE:ESRT Stock Report

Market Cap: US$2.6b

Empire State Realty Trust Dividend

Dividend criteria checks 2/6

Empire State Realty Trust is a dividend paying company with a current yield of 1.48% that is well covered by earnings.

Key information

1.5%

Dividend yield

11%

Payout ratio

Industry average yield5.9%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per shareUS$0.30
Dividend yield forecast in 3Y2.6%

Recent dividend updates

Recent updates

Empire State Realty Trust: A Bet On The Mean Reversion

Mar 05

Empire State Realty: Occupancy Gains, 2024 Fed Pivot, And Possible Dividend Hike

Dec 15

Empire State Realty: Fairly Valued Following YTD Outperformance

Sep 25

Office REIT Empire State Realty Trust Is A Way To Sell Short New York City

Jun 29

Empire State Realty: Outlook Positive Despite Haze Over The Observatory

Jun 08

Analysts Just Made A Sizeable Upgrade To Their Empire State Realty Trust, Inc. (NYSE:ESRT) Forecasts

Apr 30
Analysts Just Made A Sizeable Upgrade To Their Empire State Realty Trust, Inc. (NYSE:ESRT) Forecasts

Empire State Realty Trust FFO of $0.22 beats by $0.04, revenue of $181.27M beats by $43.5M

Feb 15

Empire State Realty: Better To Observe From The Sidelines

Jan 11

Empire State Realty Trust declares $0.035 dividend

Dec 09

Empire State Realty Trust FFO of $0.21 beats by $0.02, revenue of $183.71M beats by $34.65M

Oct 26

Empire State Realty Trust: Mispriced In Relation To Visitation Trends

Sep 26

Empire State Realty Trust declares $0.035 dividend

Aug 16

Rainbows and Unicorns: Empire State Realty Trust, Inc. (NYSE:ESRT) Analysts Just Became A Lot More Optimistic

Aug 03
Rainbows and Unicorns: Empire State Realty Trust, Inc. (NYSE:ESRT) Analysts Just Became A Lot More Optimistic

Empire State Realty Trust FFO of $0.29 beats by $0.10, revenue of $198.02M beats by $42.95M

Jul 27

Empire State Realty Trust upgraded to Market Perform at BMO on tourist rebound

Jul 14

Empire State Realty: Adverse Circumstances For Office And Retail Focused REIT

Jun 29

Broker Revenue Forecasts For Empire State Realty Trust, Inc. (NYSE:ESRT) Are Surging Higher

May 06
Broker Revenue Forecasts For Empire State Realty Trust, Inc. (NYSE:ESRT) Are Surging Higher

Empire State Realty Trust, Inc. (NYSE:ESRT) Analysts Just Trimmed Their Revenue Forecasts By 10%

Feb 20
Empire State Realty Trust, Inc. (NYSE:ESRT) Analysts Just Trimmed Their Revenue Forecasts By 10%

Empire State: A Quality Play On New York

Jan 05

Why I Sold Empire State Realty Trust

Jun 15

Empire State Realty is actively bidding for NYC market properties

Jun 08

We Think Empire State Realty Trust, Inc.'s (NYSE:ESRT) CEO Compensation Package Needs To Be Put Under A Microscope

May 07
We Think Empire State Realty Trust, Inc.'s (NYSE:ESRT) CEO Compensation Package Needs To Be Put Under A Microscope

Empire State Realty Trust stock gains after double upgrade at Evercore ISI

May 03

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
How does ESRT dividend yield compare to the market?
SegmentDividend Yield
Company (ESRT)1.5%
Market Bottom 25% (US)1.5%
Market Top 25% (US)4.7%
Industry Average (REITs)5.9%
Analyst forecast in 3 Years (ESRT)2.6%

Notable Dividend: ESRT's dividend (1.48%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.54%).

High Dividend: ESRT's dividend (1.48%) is low compared to the top 25% of dividend payers in the US market (4.73%).


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (11.3%), ESRT's dividend payments are thoroughly covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (16.4%), ESRT's dividend payments are well covered by cash flows.


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