Essex Property Trust Declares Quarterly Distributions

Rhea-AI Summary

Essex Property Trust, Inc. (NYSE:ESS) has declared a quarterly cash dividend of $2.20 per common share. This dividend will be payable on January 13, 2023, to shareholders of record as of January 3, 2023. The company, which is part of the S&P 500, specializes in acquiring, developing, and managing multifamily residential properties across selected West Coast markets, with ownership interests in 253 apartment communities totaling around 62,000 apartment homes.

Positive

• Quarterly cash dividend declared at $2.20 per share.
• Dividend payment date set for January 13, 2023.
• Recognized as an S&P 500 company.

Negative

• None.

SAN MATEO, Calif.--(BUSINESS WIRE)-- Essex Property Trust, Inc. (NYSE:ESS) announced today that its Board of Directors has declared a regular quarterly cash dividend of $2.20 per common share, payable January 13, 2023 to shareholders of record as of January 3, 2023.

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 253 apartment communities comprising approximately 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20221209005565/en/

Rylan Burns

Group Vice President of Private Equity & Finance

(650) 655-7800

rburns@essex.com

Source: Essex Property Trust, Inc.

FAQ

What is the dividend amount declared by Essex Property Trust (ESS)?

Essex Property Trust has declared a quarterly cash dividend of $2.20 per common share.

When will the dividend for Essex Property Trust (ESS) be paid?

The dividend will be payable on January 13, 2023.

Who is eligible for the dividend from Essex Property Trust (ESS)?

Shareholders of record as of January 3, 2023, are eligible for the dividend.

How many apartment communities does Essex Property Trust (ESS) own?

Essex Property Trust owns 253 apartment communities.

What markets does Essex Property Trust (ESS) operate in?

Essex Property Trust operates in selected West Coast markets.