Essex Property Trust Dividends and Buybacks
Dividend criteria checks 5/6
Essex Property Trust is a dividend paying company with a current yield of 3.45% that is well covered by earnings. Next payment date is on 15th January, 2025 with an ex-dividend date of 2nd January, 2025.
Key information
3.5%
Dividend yield
-0.04%
Buyback Yield
| Total Shareholder Yield | 3.4% |
| Future Dividend Yield | 3.7% |
| Dividend Growth | 3.5% |
| Next dividend pay date | 15 Jan 25 |
| Ex dividend date | 02 Jan 25 |
| Dividend per share | US$9.800 |
| Payout ratio | 57% |
Recent dividend and buyback updates
Recent updates
Essex Property Trust: Limited Supply Enables Further Growth
Dec 06Essex Property Trust: Tailwinds From Both Supply And Demand
Oct 03Essex Property Trust: High-Quality REIT With A Growing Dividend
Aug 13Essex Property Trust: The Buying Window Has Now Closed
Jun 12Essex Property Trust: 3 Reasons Why The Stock May Be Overvalued
May 16Essex Property Trust: A Dividend Aristocrat Worth Buying Now
Apr 05Essex Property Trust: Build And Buy Apartments Like A Pro
Feb 15Essex Property Trust: A Growth REIT With An Attractive Yield
Jan 15Essex Property Trust: I Expect The West Coast To Outperform Next
Dec 11Essex Property Trust: Still Has Potential
Dec 05Essex Property Trust: Low Yield, Small Discount To NAV
Nov 06Essex Property Trust: California Exposure Isn't That Problematic
Oct 12Essex Property Trust: Dividend Yield At A High
Oct 01Essex Property Trust: Don't Mind The California Exposure
Jul 29Essex Property: A Smart Value For A Frothy Market
Jun 14Essex Property Trust: Great Long-Term REIT, Still Some Near-Term Questions
Jan 23Essex Property Trust Is Clearly The Best Bargain When It Comes To Residential REITs
Jan 12Why Buy Rentals When You Can Buy Essex Property
Dec 16Essex Property Trust declares $2.20 dividend
Dec 09Apartments In Free Fall, So I Bought Essex
Nov 09Essex Property Trust: Long-Term Compounder In The Bargain Bin
Oct 20Essex Property Trust declares $2.20 dividend
Sep 15Upcoming Dividend Payment
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) | 3.5% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.5% |
| Industry Average (Residential REITs) | 3.4% |
| Analyst forecast (ESS) (up to 3 years) | 3.7% |
Notable Dividend: ESS's dividend (3.45%) is higher than the bottom 25% of dividend payers in the US market (1.45%).
High Dividend: ESS's dividend (3.45%) is low compared to the top 25% of dividend payers in the US market (4.5%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (56.9%), ESS's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (61.9%), ESS's dividend payments are covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 02:17 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 |
| |
| Management | 10 years |
| |
| 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 here.
Analysis Model and Snowflake
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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 .
Analyst Sources
Essex Property Trust, Inc. is covered by 49 analysts. 19 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 |
|---|---|
| Wesley Golladay | Baird |
| Ross Smotrich | Barclays |
| Richard Hightower | Barclays |