Essex Property Trust Inc. (NYSE: ESS) recently announced a new quarterly dividend, remaining in accordance with its commitment to reward shareholders.
Aerial view of a large reit construction complex, its facade reflecting the city roofs.
Essex Property Trust, Inc. (NYSE: ESS) is an American real estate placement trust company (REIT), whose headquarters are in California. On May 15, the company declared a quarterly dividend of $ 2.57 per share, which was in accordance with its previous dividend. The company has maintained a constant history of the increase in its dividend payments each year since its public in 1994, marking 31 years of uninterrupted growth in dividends and a total increase of 516% over this period. In addition, from its IPO until January 2025, Essex provided a total return on shareholders of 5,615%, considerably surpascing the yield of 2,242% of the S&P index and the yield of 1,411% of the Nareit All Equity.
Essex Property Trust, Inc. (NYSE: ESS) works as a fully integrated FPI focusing on the acquisition, development, redevelopment and management of apartments in markets on the markets with a limited housing offer, such as the south of California, the San Francisco Bay region and the metropolitan region of Seattle.
The aristocrat dividend offers a dividend yield of 3.56%, on May 17, and will exchange an ex-Dividend on June 30.
While we recognize the potential of ESS to grow, our conviction lies in the conviction that certain AI actions are more promising to offer higher yields and have a limited risk of decline. If you are looking for a more promising stock of AI than ESS and which has a 100x increase potential, consult our report on this subject cheapest IA action.
Read then: 12 best dividend aristocrats in mid-cap And Dividends Challengers 2025: Top 25
Disclosure. None.
