ESS Dividends
Essex Property Trust, Inc. (ESS) pays $10.30 in dividends per share, with a current dividend yield of 3.63%. The company has dividend history for 29 consecutive years.
ESS Dividend Summary
3.63%
$10.30
98.94%
68.84%
Consecutive Years
29
Next Ex-Dividend Date
Jun 30, 2026
Next Payment Date
Jul 15, 2026
ESS Dividends per Share (Nominal History)
View full nominal table listThis step chart displays the nominal dividend payouts over time on their actual payment dates, matching the distribution frequency.
ESS Dividends CAGR Chart
Essex Property Trust, Inc. (ESS)
Annual Dividend History
| Year | Dividend/Share | YoY Growth |
|---|---|---|
| 2026(YTD) | $7.75 | — |
| 2025 | $10.16 | N/A |
| 2024 | $7.35 | N/A |
| 2023 | $9.24 | +5.00% |
| 2022 | $8.80 | +5.26% |
| 2021 | $8.36 | +0.60% |
| 2020 | $8.31 | +6.54% |
| 2019 | $7.80 | +4.84% |
| 2018 | $7.44 | +6.29% |
| 2017 | $7.00 | +9.37% |
| 2016 | $6.40 | +11.11% |
| 2015 | $5.76 | +12.72% |
| 2014 | $5.11 | +5.58% |
| 2013 | $4.84 | +10.00% |
| 2012 | $4.40 | +5.77% |
| 2011 | $4.16 | +0.73% |
| 2010 | $4.13 | +0.24% |
| 2009 | $4.12 | +0.98% |
| 2008 | $4.08 | +9.68% |
| 2007 | $3.72 | +10.71% |
Quarterly Dividend History
| Quarter | Dividend/Share | YoY Growth |
|---|---|---|
| Q2 2026 | $2.59 | +0.78% |
| Q1 2026 | $5.16 | +2.79% |
| Q3 2025 | $2.57 | +4.90% |
| Q2 2025 | $2.57 | +4.90% |
| Q1 2025 | $5.02 | — |
| Q3 2024 | $2.45 | +6.06% |
| Q2 2024 | $2.45 | +6.06% |
| Q1 2024 | $2.45 | +6.06% |
| Q4 2023 | $2.31 | +5.00% |
| Q3 2023 | $2.31 | +5.00% |
| Q2 2023 | $2.31 | +5.00% |
| Q1 2023 | $2.31 | +5.00% |
| Q4 2022 | $2.20 | +5.26% |
| Q3 2022 | $2.20 | +5.26% |
| Q2 2022 | $2.20 | +5.26% |
| Q1 2022 | $2.20 | +5.26% |
| Q4 2021 | $2.09 | +0.60% |
| Q3 2021 | $2.09 | +0.60% |
| Q2 2021 | $2.09 | +0.60% |
| Q1 2021 | $2.09 | +0.60% |
| Q4 2020 | $2.08 | +6.54% |
| Q3 2020 | $2.08 | +6.54% |
| Q2 2020 | $2.08 | +6.54% |
| Q1 2020 | $2.08 | +6.54% |
Dividend Yield Metrics
- Current Yield
- 3.63%
- Average Yield (TTM)
- 3.63%
- Average Yield (3Y)
- 3.14%
- Forward Yield on Cost (3Y)
- 4.41%
- Forward Yield on Cost (5Y)
- 5.02%
- Forward Yield on Cost (10Y)
- 6.95%
Payout Ratio Analysis
- Payout Ratio (Current)
- 98.94%
- FCF Payout Ratio
- 68.84%
- Payout Ratio (3Y Avg)
- 102.48%
- Payout Ratio (5Y Avg)
- 111.82%
- FCF Payout (3Y Avg)
- 60.77%
- FCF Payout (5Y Avg)
- 64.43%
For REITs, the net-income payout ratio overstates sustainability — large non-cash depreciation depresses net income, so it often reads >100%. The FCF payout ratio above (or FFO/AFFO, the REIT-standard basis) is the more meaningful gauge.
Dividend Coverage
About Essex Property Trust, Inc.
Essex Property Trust, Inc., a prominent S&P 500 constituent, operates as a vertically integrated real estate investment trust (REIT). The company focuses on the purchase, construction, renovation, and ongoing management of residential apartment complexes across select West Coast regions. Currently, Essex maintains ownership interests in 246 apartment communities, offering a total of roughly 60,000 homes, with an additional six properties actively advancing through various stages of development.
- Sector
- Real Estate
- Industry
- REIT - Residential
- CEO
- Angela L. Kleiman