Essex Property Trust Declares Quarterly Distributions

Rhea-AI Summary

Essex Property Trust, Inc. (NYSE:ESS) has declared a quarterly cash dividend of $2.09 per common share. This dividend is payable on January 14, 2022, to shareholders recorded by January 3, 2022. Essex is an S&P 500 company focused on acquiring, developing, and managing multifamily residential properties along the West Coast, owning interests in 247 apartment communities with approximately 60,000 apartment homes and three properties in active development.

Positive

• Quarterly cash dividend of $2.09 per share declared.
• Strong position as an S&P 500 company.
• Ownership interests in 247 apartment communities.

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 $2.09 per common share, payable January 14, 2022 to shareholders of record as of January 3, 2022.

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 247 apartment communities comprising approximately 60,000 apartment homes with an additional 3 properties in various stages of 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/20211210005506/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 quarterly dividend declared by Essex Property Trust, Inc. (ESS)?

Essex Property Trust, Inc. declared a quarterly cash dividend of $2.09 per common share.

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

The dividend will be payable on January 14, 2022, to shareholders of record as of January 3, 2022.

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

Essex Property Trust owns interests in 247 apartment communities.

What does Essex Property Trust, Inc. do?

Essex Property Trust is a real estate investment trust that acquires, develops, and manages multifamily residential properties.