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Essex Announces Its 25th Consecutive Annual Dividend Increase

Published February 21, 2019 05:36 PM EST on BusinessWire

Essex Property Trust, Inc. (NYSE: ESS) announced today that its Board of Directors has approved a 4.8% increase to its prior quarterly cash dividend. This represents the 25th consecutive annual dividend increase, which means Essex has qualified to become a “Dividend Aristocrat.” The Board of Directors has declared a first quarter dividend of $1.95 per share, payable on April 12, 2019 to shareholders of record as of March 29, 2019. On an annualized basis, the dividend represents a distribution of $7.80 per common share.... Read more

Stock name Last trade   P/E Earnings/Share Dividend/Share Dividend yield
ESSEX PROPERTY TRUST 315.19   50.8 6.21 7.80 2.45


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