Essex Property Trust, Inc. (ESS)
REIT note: for real-estate investment trusts the net-income payout ratio overstates the dividend, because large non-cash depreciation depresses GAAP earnings. REITs are evaluated on FFO / AFFO payout (the industry standard) and on the FCF payout — a payout above 100% here is normal for a REIT and is not, by itself, a sign the dividend is unsafe.
Essex Property Trust, Inc. (ESS) Dividend Payout Ratio: 115.72%
Is Essex Property Trust, Inc.’s dividend payout ratio high or low?
Essex Property Trust, Inc.'s dividend payout ratio of 115.72% is in line with its 5-year average of 117.57%, around the middle of its 5-year range (63.63%–185.28%).
As of Saturday, June 13, 2026. 29.05% above its 12-month average of 89.67%.
Dividend Payout Ratio (115.72%) = TTM Dividends/Share ($10.30) / TTM EPS ($8.90)
ESS Dividend Payout Ratio Chart
ESS Dividend Payout Ratio
115.72%+22.03% 1Y
Zoom
ESS Average Dividend Payout Ratio Chart
ESS Current vs Average Dividend Payout Ratio Chart
ESS Dividend Payout Ratio Metrics
DIVIDEND PAYOUT RATIO
115.72%
DIVIDEND PAYOUT RATIO AVG TTM
89.67%
DIVIDEND PAYOUT RATIO AVG 3Y
105.51%
DIVIDEND PAYOUT RATIO AVG 5Y
117.57%
DIVIDEND PAYOUT RATIO AVG 10Y
115.38%
DIVIDEND PAYOUT RATIO AVG 15Y
147.83%
DIVIDEND PAYOUT RATIO AVG 20Y
158.05%
CURRENT VS TTM AVG
+29.05%
CURRENT VS 3Y AVG
+9.68%
CURRENT VS 5Y AVG
-1.57%
CURRENT VS 10Y AVG
+0.29%
CURRENT VS 15Y AVG
-21.72%
CURRENT VS 20Y AVG
-26.78%
Annual Payout Ratio History
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2025 | $10.41 | $10.16 | 97.6% |
| 2024 | $11.55 | $7.35 | 63.6% |
| 2023 | $6.32 | $9.24 | 146.2% |
| 2022 | $6.27 | $8.80 | 140.4% |
| 2021 | $7.51 | $8.36 | 111.3% |
| 2020 | $8.69 | $8.31 | 95.6% |
| 2019 | $6.67 | $7.80 | 116.9% |
| 2018 | $5.91 | $7.44 | 125.9% |
| 2017 | $6.58 | $7.00 | 106.4% |
| 2016 | $6.28 | $6.40 | 101.9% |
| 2015 | $3.50 | $5.76 | 164.6% |
| 2014 | $2.07 | $5.11 | 246.9% |
| 2013 | $4.05 | $4.84 | 119.5% |
| 2012 | $3.42 | $4.40 | 128.7% |
| 2011 | $1.24 | $4.16 | 335.5% |
| 2010 | $1.14 | $4.13 | 362.3% |
| 2009 | $3.01 | $4.12 | 136.9% |
| 2008 | $2.23 | $4.08 | 183.0% |
| 2007 | $4.34 | $3.72 | 85.7% |
| 2006 | $2.50 | $3.36 | 134.4% |
| 2005 | $3.38 | $3.24 | 95.9% |
| 2004 | $3.39 | $3.16 | 93.2% |
| 2003 | $1.58 | $3.12 | 197.5% |
| 2002 | $2.62 | $3.08 | 117.6% |
| 2001 | $2.63 | $2.80 | 106.5% |
| 2000 | $2.42 | $2.38 | 98.3% |
| 1999 | $2.41 | $2.15 | 89.2% |
| 1998 | $1.37 | $1.95 | 142.3% |
| 1997 | $1.96 | $1.77 | 90.3% |
| 1996 | $1.13 | $1.71 | 151.3% |
Essex Property Trust, Inc. Dividend Payout Ratio Formula & Definition
The payout ratio shows the share of trailing-12-month earnings paid out as dividends. For REITs, GAAP earnings understate cash generation (large non-cash depreciation), so read this alongside the FCF payout ratio — FFO/AFFO payout is the industry standard.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Essex Property Trust, Inc. Dividend Payout Ratio FAQ
- What is the dividend payout ratio for Essex Property Trust, Inc. (ESS)?
- The dividend payout ratio for ESS stock is 115.72%.
- Is Essex Property Trust, Inc.'s dividend payout ratio high or low?
- Essex Property Trust, Inc.'s dividend payout ratio of 115.72% is in line with its 5-year average of 117.57%, around the middle of its 5-year range (63.63%–185.28%).
- What is the TTM average dividend payout ratio for Essex Property Trust, Inc. (ESS)?
- The TTM average dividend payout ratio for ESS stock is 89.67%.
- What is the 3Y average dividend payout ratio for Essex Property Trust, Inc. (ESS)?
- The 3Y average dividend payout ratio for ESS stock is 105.51%.
- What is the 5Y average dividend payout ratio for Essex Property Trust, Inc. (ESS)?
- The 5Y average dividend payout ratio for ESS stock is 117.57%.
- What is the 10Y average dividend payout ratio for Essex Property Trust, Inc. (ESS)?
- The 10Y average dividend payout ratio for ESS stock is 115.38%.
- What is the 15Y average dividend payout ratio for Essex Property Trust, Inc. (ESS)?
- The 15Y average dividend payout ratio for ESS stock is 147.83%.
- What is the 20Y average dividend payout ratio for Essex Property Trust, Inc. (ESS)?
- The 20Y average dividend payout ratio for ESS stock is 158.05%.
Essex Property Trust, Inc. Dividend Payout Ratio History
| DATE | DIVIDEND PAYOUT RATIO |
|---|---|
| 2026-06-12 | 115.72% |
| 2026-06-11 | 115.74% |
| 2026-06-09 | 115.74% |
| 2026-06-05 | 115.73% |
| 2026-06-03 | 115.72% |
| 2026-06-01 | 115.75% |
| 2026-05-28 | 115.73% |
| 2026-05-26 | 115.72% |
| 2026-05-21 | 115.72% |
| 2026-05-19 | 115.72% |
| 2026-05-15 | 115.74% |
| 2026-05-13 | 115.75% |
| 2026-05-11 | 115.73% |
| 2026-05-07 | 115.72% |
| 2026-05-05 | 115.75% |
| 2026-05-01 | 115.73% |
| 2026-04-29 | 115.74% |
| 2026-04-27 | 98.94% |
| 2026-04-23 | 98.94% |
| 2026-04-21 | 98.95% |
| 2026-04-17 | 98.93% |
| 2026-04-15 | 98.94% |
| 2026-04-13 | 98.92% |
| 2026-04-09 | 98.95% |
| 2026-04-07 | 98.93% |
| 2026-04-02 | 98.94% |
| 2026-03-31 | 98.96% |
| 2026-03-27 | 98.76% |
| 2026-03-25 | 98.75% |
| 2026-03-23 | 98.74% |
| 2026-03-19 | 98.76% |
| 2026-03-17 | 98.76% |
| 2026-03-13 | 98.75% |
| 2026-03-11 | 98.77% |
| 2026-03-09 | 98.76% |
| 2026-03-05 | 98.76% |
| 2026-03-03 | 98.74% |
| 2026-02-27 | 98.77% |
| 2026-02-25 | 98.75% |
| 2026-02-23 | 98.76% |
| 2026-02-19 | 78.06% |
| 2026-02-17 | 78.07% |
| 2026-02-12 | 78.07% |
| 2026-02-10 | 78.05% |
| 2026-02-06 | 78.04% |
| 2026-02-04 | 78.07% |
| 2026-02-02 | 78.07% |
| 2026-01-29 | 78.04% |
| 2026-01-27 | 78.04% |
| 2026-01-23 | 78.05% |
| 2026-01-21 | 78.05% |
| 2026-01-16 | 78.05% |
| 2026-01-14 | 78.04% |
| 2026-01-12 | 78.06% |
| 2026-01-08 | 78.06% |
| 2026-01-06 | 78.04% |
| 2026-01-02 | 78.07% |
| 2025-12-30 | 77.15% |
| 2025-12-26 | 77.16% |
| 2025-12-23 | 77.15% |
| 2025-12-19 | 77.13% |
| 2025-12-17 | 77.15% |
| 2025-12-15 | 77.16% |
| 2025-12-11 | 77.15% |
| 2025-12-09 | 77.15% |
| 2025-12-05 | 77.14% |
| 2025-12-03 | 77.16% |
| 2025-12-01 | 77.14% |
| 2025-11-26 | 77.13% |
| 2025-11-24 | 77.14% |
| 2025-11-20 | 77.15% |
| 2025-11-18 | 77.13% |
| 2025-11-14 | 77.14% |
| 2025-11-12 | 77.15% |
| 2025-11-10 | 77.13% |
| 2025-11-06 | 77.15% |
| 2025-11-04 | 77.14% |
| 2025-10-31 | 77.16% |
| 2025-10-29 | 81.59% |
| 2025-10-27 | 81.61% |
| 2025-10-23 | 81.62% |
| 2025-10-21 | 81.60% |
| 2025-10-17 | 81.59% |
| 2025-10-15 | 81.59% |
| 2025-10-13 | 81.61% |
| 2025-10-09 | 81.62% |
| 2025-10-07 | 81.60% |
| 2025-10-03 | 81.60% |
| 2025-10-01 | 81.60% |
| 2025-09-29 | 80.63% |
| 2025-09-25 | 80.65% |
| 2025-09-23 | 80.63% |
| 2025-09-19 | 80.64% |
| 2025-09-17 | 80.63% |
| 2025-09-15 | 80.66% |
| 2025-09-11 | 80.64% |
| 2025-09-09 | 80.66% |
| 2025-09-05 | 80.66% |
| 2025-09-03 | 80.62% |
| 2025-08-29 | 80.63% |
| 2025-08-27 | 80.66% |
| 2025-08-25 | 80.63% |
| 2025-08-21 | 80.66% |
| 2025-08-19 | 80.63% |
| 2025-08-15 | 80.63% |
| 2025-08-13 | 80.64% |
| 2025-08-11 | 80.65% |
| 2025-08-07 | 80.63% |
| 2025-08-05 | 80.64% |
| 2025-08-01 | 80.64% |
| 2025-07-30 | 80.63% |
| 2025-07-28 | 95.98% |
| 2025-07-24 | 95.99% |
| 2025-07-22 | 95.98% |
| 2025-07-18 | 95.97% |
| 2025-07-16 | 95.99% |
| 2025-07-14 | 95.98% |
| 2025-07-10 | 95.97% |
| 2025-07-08 | 95.98% |
| 2025-07-03 | 95.98% |
| 2025-07-01 | 95.97% |
| 2025-06-27 | 94.85% |
| 2025-06-25 | 94.84% |
| 2025-06-23 | 94.83% |
| 2025-06-18 | 94.83% |
| 2025-06-16 | 94.83% |
| 2025-06-12 | 94.83% |
| 2025-06-10 | 94.83% |
| 2025-06-06 | 94.83% |
| 2025-06-04 | 94.83% |
| 2025-06-02 | 94.82% |
| 2025-05-29 | 94.85% |
| 2025-05-27 | 94.83% |
| 2025-05-22 | 94.83% |
| 2025-05-20 | 94.85% |
| 2025-05-16 | 94.83% |
| 2025-05-14 | 94.84% |
| 2025-05-12 | 94.83% |
| 2025-05-08 | 94.85% |
| 2025-05-06 | 94.82% |
| 2025-05-02 | 94.82% |
| 2025-04-30 | 94.85% |
| 2025-04-28 | 85.88% |
| 2025-04-24 | 85.89% |
| 2025-04-22 | 85.89% |
| 2025-04-17 | 85.87% |
| 2025-04-15 | 85.89% |
| 2025-04-11 | 85.88% |
| 2025-04-09 | 85.90% |
| 2025-04-07 | 85.90% |
| 2025-04-03 | 85.87% |
| 2025-04-01 | 85.88% |
| 2025-03-28 | 63.63% |
| 2025-03-26 | 84.84% |
| 2025-03-24 | 84.86% |
| 2025-03-20 | 84.84% |
| 2025-03-18 | 84.85% |
| 2025-03-14 | 84.84% |
| 2025-03-12 | 84.86% |
| 2025-03-10 | 84.86% |
| 2025-03-06 | 84.85% |
| 2025-03-04 | 84.84% |
| 2025-02-28 | 84.86% |
| 2025-02-26 | 84.85% |
| 2025-02-24 | 84.84% |
| 2025-02-20 | 114.47% |
| 2025-02-18 | 114.49% |
| 2025-02-13 | 114.49% |
| 2025-02-11 | 114.47% |
| 2025-02-07 | 114.49% |
| 2025-02-05 | 114.47% |
| 2025-02-03 | 114.48% |
| 2025-01-30 | 114.50% |
| 2025-01-28 | 114.48% |
| 2025-01-24 | 114.49% |
| 2025-01-22 | 114.49% |
| 2025-01-17 | 114.49% |
| 2025-01-15 | 114.47% |
| 2025-01-13 | 114.47% |
| 2025-01-08 | 114.48% |
| 2025-01-06 | 114.49% |
| 2025-01-02 | 114.47% |
| 2024-12-30 | 85.87% |
| 2024-12-26 | 112.85% |
| 2024-12-23 | 112.86% |
| 2024-12-19 | 112.83% |
| 2024-12-17 | 112.86% |
| 2024-12-13 | 112.84% |
| 2024-12-11 | 112.86% |
| 2024-12-09 | 112.84% |
| 2024-12-05 | 112.86% |
| 2024-12-03 | 112.84% |
| 2024-11-29 | 112.85% |
| 2024-11-26 | 112.86% |
| 2024-11-22 | 112.84% |
| 2024-11-20 | 112.86% |
| 2024-11-18 | 112.84% |
| 2024-11-14 | 112.86% |
| 2024-11-12 | 112.85% |
| 2024-11-08 | 112.85% |
| 2024-11-06 | 112.86% |
| 2024-11-04 | 112.85% |
| 2024-10-31 | 112.85% |
| 2024-10-29 | 112.84% |
| 2024-10-25 | 119.55% |
| 2024-10-23 | 119.54% |
| 2024-10-21 | 119.55% |
| 2024-10-17 | 119.56% |
| 2024-10-15 | 119.57% |
| 2024-10-11 | 119.54% |
| 2024-10-09 | 119.56% |
| 2024-10-07 | 119.55% |
| 2024-10-03 | 119.56% |
| 2024-10-01 | 119.57% |
| 2024-09-27 | 89.23% |
| 2024-09-25 | 117.82% |
| 2024-09-23 | 117.81% |
| 2024-09-19 | 117.83% |
| 2024-09-17 | 117.82% |
| 2024-09-13 | 117.83% |
| 2024-09-11 | 117.82% |
| 2024-09-09 | 117.81% |
| 2024-09-05 | 117.83% |
| 2024-09-03 | 117.82% |
| 2024-08-29 | 117.83% |
| 2024-08-27 | 117.83% |
| 2024-08-23 | 117.81% |
| 2024-08-21 | 117.81% |
| 2024-08-19 | 117.81% |
| 2024-08-15 | 117.81% |
| 2024-08-13 | 117.84% |
| 2024-08-09 | 117.82% |
| 2024-08-07 | 117.84% |
| 2024-08-05 | 117.82% |
| 2024-08-01 | 117.83% |
| 2024-07-30 | 116.39% |
| 2024-07-26 | 116.37% |
| 2024-07-24 | 116.39% |
| 2024-07-22 | 116.39% |
| 2024-07-18 | 116.40% |
| 2024-07-16 | 116.39% |
| 2024-07-12 | 116.39% |
| 2024-07-10 | 116.39% |
| 2024-07-08 | 116.39% |
| 2024-07-03 | 116.39% |
| 2024-07-01 | 116.37% |
| 2024-06-27 | 114.67% |
| 2024-06-25 | 114.66% |
| 2024-06-21 | 114.66% |
| 2024-06-18 | 114.67% |
| 2024-06-14 | 114.68% |
| 2024-06-12 | 114.66% |
| 2024-06-10 | 114.67% |
| 2024-06-06 | 114.66% |
| 2024-06-04 | 114.67% |
| 2024-05-31 | 114.67% |
| 2024-05-29 | 114.68% |
| 2024-05-24 | 114.66% |
| 2024-05-22 | 114.65% |
| 2024-05-20 | 114.66% |
Showing the most recent 260 of 2,517 data points. The chart above shows the full history.
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