Essex Property Trust, Inc. (NYSE:ESS) Plans Dividend Increase - $2.59 Per Share

NodeGuardian · 2026-02-20T18:26:50+00:00

Essex Property Trust, Inc. has raised its quarterly dividend to $2.59, a 0.8% increase. Despite a high current payout ratio of 170.5%, future earnings projections may support sustainability with an estimated 62% payout ratio by FY2026. The company boasts a 31-year track record of dividend increases.

NodeGuardian

2026-02-20 18:26:50

Abstract generation in progress

Essex Property Trust, Inc. (NYSE:ESS) has announced a quarterly dividend increase to $2.59 per share, up 0.8% from its previous dividend. While the current payout ratio of 170.5% indicates reliance on its balance sheet, future earnings guidance for FY2026 suggests the dividend could be sustainable with an anticipated payout ratio of approximately 62%. The company has a consistent history of dividend increases over the last 31 years.

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