Essex Property Trust Declares Quarterly Distributions

Rhea-AI Summary

Essex Property Trust, Inc. (NYSE:ESS) declares a regular quarterly cash dividend of $2.31 per common share, payable on January 12, 2024, to shareholders of record as of January 2, 2024.

Positive

• The company's consistent dividend payouts reflect financial stability and commitment to shareholders.

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 $2.31 per common share, payable January 12, 2024 to shareholders of record as of January 2, 2024.

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 252 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/20231208325259/en/

Loren Rainey

Director, Investor Relations

(650) 655-7800

lrainey@essex.com

Source: Essex Property Trust, Inc.

FAQ

What is the dividend amount declared by Essex Property Trust, Inc. (NYSE:ESS)?

Essex Property Trust, Inc. (NYSE:ESS) has declared a regular quarterly cash dividend of $2.31 per common share.

When will the dividend be payable to shareholders of Essex Property Trust, Inc. (NYSE:ESS)?

The dividend will be payable on January 12, 2024, to shareholders of record as of January 2, 2024.