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Essex Announces Its 31st Consecutive Annual Dividend Increase

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Essex Property Trust (NYSE:ESS) has announced its 31st consecutive annual dividend increase, with the Board of Directors approving a 4.9% increase to its annual cash dividend. The company declared a first quarter dividend of $2.57 per share, payable on April 15, 2025, to shareholders of record as of March 31, 2025. On an annualized basis, this represents a distribution of $10.28 per common share.

The company also announced its Annual Meeting of Shareholders, to be held virtually on Tuesday, May 13, 2025, at 10:00 a.m. Pacific Time. Shareholders of record as of February 28, 2025, will be entitled to vote at the meeting. Essex Property Trust, an S&P 500 company, currently manages 256 apartment communities comprising over 62,000 apartment homes in selected West Coast markets.

Essex Property Trust (NYSE:ESS) ha annunciato il suo 31° aumento annuale consecutivo del dividendo, con il Consiglio di Amministrazione che ha approvato un aumento del 4,9% del dividendo annuale in contante. L'azienda ha dichiarato un dividendo per il primo trimestre di $2,57 per azione, pagabile il 15 aprile 2025, agli azionisti registrati al 31 marzo 2025. Su base annualizzata, ciò rappresenta una distribuzione di $10,28 per azione ordinaria.

L'azienda ha inoltre annunciato la sua Assemblea Annuale degli Azionisti, che si terrà virtualmente martedì 13 maggio 2025, alle 10:00 ora del Pacifico. Gli azionisti registrati al 28 febbraio 2025 avranno diritto di voto durante l'incontro. Essex Property Trust, una società dell'S&P 500, gestisce attualmente 256 comunità residenziali che comprendono oltre 62.000 appartamenti in mercati selezionati della costa occidentale.

Essex Property Trust (NYSE:ESS) ha anunciado su 31° aumento anual consecutivo del dividendo, con la Junta Directiva aprobando un aumento del 4,9% en su dividendo anual en efectivo. La compañía declaró un dividendo para el primer trimestre de $2,57 por acción, que se pagará el 15 de abril de 2025, a los accionistas registrados hasta el 31 de marzo de 2025. En base anualizada, esto representa una distribución de $10,28 por acción ordinaria.

La compañía también anunció su Junta Anual de Accionistas, que se llevará a cabo de manera virtual el martes 13 de mayo de 2025, a las 10:00 a.m. hora del Pacífico. Los accionistas registrados hasta el 28 de febrero de 2025 tendrán derecho a voto en la reunión. Essex Property Trust, una empresa del S&P 500, actualmente gestiona 256 comunidades de apartamentos que comprenden más de 62,000 hogares en apartamentos en mercados seleccionados de la costa oeste.

Essex Property Trust (NYSE:ESS)는 31년 연속 배당금 인상을 발표하며 이사회가 연간 현금 배당금을 4.9% 인상하는 것을 승인했습니다. 이 회사는 2025년 4월 15일에 지급될 주당 $2.57의 첫 분기 배당금을 선언했으며, 2025년 3월 31일 기준 주주에게 지급됩니다. 연간 기준으로 이는 주당 $10.28의 분배를 의미합니다.

회사는 또한 2025년 5월 13일 화요일 오전 10시(태평양 표준시)에 가상으로 개최될 주주 총회를 발표했습니다. 2025년 2월 28일 기준 주주가 회의에서 투표할 수 있습니다. Essex Property Trust는 S&P 500에 속하는 회사로 현재 62,000개 이상의 아파트를 포함하는 256개의 아파트 커뮤니티를 서부 해안 시장에서 관리하고 있습니다.

Essex Property Trust (NYSE:ESS) a annoncé sa 31ème augmentation annuelle consécutive du dividende, le Conseil d'Administration ayant approuvé une augmentation de 4,9% de son dividende annuel en espèces. La société a déclaré un dividende pour le premier trimestre de 2,57 $ par action, payable le 15 avril 2025, aux actionnaires enregistrés au 31 mars 2025. Sur une base annualisée, cela représente une distribution de 10,28 $ par action ordinaire.

La société a également annoncé sa Réunion Annuelle des Actionnaires, qui se tiendra virtuellement le mardi 13 mai 2025, à 10h00 heure du Pacifique. Les actionnaires enregistrés au 28 février 2025 auront le droit de voter lors de la réunion. Essex Property Trust, une entreprise du S&P 500, gère actuellement 256 communautés d'appartements comprenant plus de 62 000 logements dans des marchés sélectionnés de la côte ouest.

Essex Property Trust (NYSE:ESS) hat seine 31. jährliche Dividendensteigerung in Folge angekündigt, wobei der Vorstand eine 4,9%ige Erhöhung der jährlichen Bardividende genehmigt hat. Das Unternehmen erklärte eine Dividende für das erste Quartal von 2,57 $ pro Aktie, die am 15. April 2025 an die Aktionäre, die am 31. März 2025 registriert sind, ausgezahlt wird. Auf jährlicher Basis entspricht dies einer Ausschüttung von 10,28 $ pro Stammaktie.

Das Unternehmen gab außerdem seine Jahreshauptversammlung der Aktionäre bekannt, die am Dienstag, den 13. Mai 2025, um 10:00 Uhr pazifischer Zeit virtuell stattfinden wird. Aktionäre, die am 28. Februar 2025 registriert sind, haben das Recht, an der Versammlung teilzunehmen. Essex Property Trust, ein Unternehmen des S&P 500, verwaltet derzeit 256 Wohnanlagen mit über 62.000 Wohnungen in ausgewählten Märkten an der Westküste.

Positive
  • 31st consecutive annual dividend increase demonstrates consistent shareholder returns
  • 4.9% increase in annual cash dividend
  • Substantial quarterly dividend of $2.57 per share
  • Large portfolio of 256 apartment communities with over 62,000 units
Negative
  • None.

Establishes Record Date for the Annual Shareholders’ Meeting

SAN MATEO, Calif.--(BUSINESS WIRE)-- Essex Property Trust, Inc. (NYSE:ESS) announced today that its Board of Directors has approved a 4.9% increase to its annual cash dividend. This represents the Company’s 31st consecutive annual dividend increase. The Board of Directors has declared a first quarter dividend of $2.57 per share, payable on April 15, 2025 to shareholders of record as of March 31, 2025. On an annualized basis, the dividend represents a distribution of $10.28 per common share.

The Annual Meeting of Shareholders will be held virtually on Tuesday, May 13, 2025 at 10:00 a.m. Pacific Time or 1:00 p.m. Eastern. Shareholders of record as of February 28, 2025 will be entitled to vote at the meeting. Further information regarding how to access and vote at the virtual Annual Meeting will be contained in the proxy materials to be filed with the U.S. Securities and Exchange Commission.

About Essex Property Trust, Inc.

Essex Property Trust, Inc., an S&P 500 company, is a fully integrated real estate investment trust (“REIT”) that acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast markets. Essex currently has ownership interests in 256 apartment communities comprising over 62,000 apartment homes with an additional property in active development. Additional information about the Company can be found on the Company’s website at www.essex.com.

Loren Rainey

Director, Investor Relations

(650) 655-7800

lrainey@essex.com

Source: Essex Property Trust, Inc.

FAQ

What is Essex Property Trust's new quarterly dividend amount for 2025?

Essex Property Trust's new quarterly dividend is $2.57 per share, payable on April 15, 2025.

How much is ESS's annual dividend increase for 2025?

Essex Property Trust announced a 4.9% increase to its annual cash dividend, resulting in an annualized distribution of $10.28 per common share.

When is Essex Property Trust's 2025 Annual Shareholders Meeting?

The Annual Shareholders Meeting will be held virtually on Tuesday, May 13, 2025, at 10:00 a.m. Pacific Time.

What is the record date for ESS's Q1 2025 dividend?

The record date for Essex Property Trust's Q1 2025 dividend is March 31, 2025.

How many consecutive years has ESS increased its dividend?

Essex Property Trust has increased its dividend for 31 consecutive years.

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18.92B
63.40M
1.15%
98.38%
1.61%
REIT - Residential
Real Estate Investment Trusts
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United States
SAN MATEO