Page title
Section title
- Dividend Yield
- 3.12%
- Payout Ratio
- 117.53%
- Dividend Amount Per Share
- $9.52
- Last Ex-Dividend Date
- Sep 30, 2024
ESS Dividend Safety
ESS paid out 117.53% of its $406M earnings as dividends over the last 12 months.
Unsafe
Very Unsafe
Unsafe
Somewhat Safe
Safe
Very Safe
Dividend Payout Ratio
ESS's Dividend Payout Ratio of 117.531% is considered high for the Real Estate sector, potentially restricting the funds available for reinvestment and threatening future growth.
Interest Rate Coverage
ESS's Interest Coverage Ratio of 5.928 indicates strong financial health with easy coverage of interest expenses.
Income Quality
ESS shows excellent income quality with a ratio of 2.415. This indicates high-quality earnings and low risk of dividend cuts.
ESS Dividend Growth
Essex Property Trust, Inc.(ESS) offers a dividend yield of 3.12% and pays $9.52 in dividends per share. Explore the historical dividend growth of ESS.
Dividend Stability
ESS has maintained stable dividend payments over the past 11 years with no cuts over 5%.
Dividend Growth
ESS's dividend payments have shown moderate growth, growing by 4.671% annually over the last 5 years.
Earnings Growth
ESS's earnings have shown very poor growth, shrinking by -1.572% over the last 5 years. Poor earnings growth or decline indicates potential struggles to maintain dividend levels, which may lead to cuts and affect overall returns.
ESS Dividend Yield Attractiveness
Essex Property Trust, Inc.(ESS) provides a dividend yield of 3.12%. Compare this with the averages of its peers, industry, and sector to see how it stacks up.
Yield %
3.12%
3.46%
3.92%
6.33%
Dividend Yield
ESS's dividend yield of 3.12% is considered good compared to the sector average of 6.326%, providing a strong safety margin for investors.
ESS Cash Flow
Over the past 12 months, ESS generated $2B in revenue, produced $887M in free cash flow, and distributed $602M in dividends.
Free Cash Flow Growth
ESS's free cash flow has grown by 0.54% annually over the last 5 years, suggesting a moderate ability to generate cash and support dividend payments.
ESS Free Cash Flow and Dividends Paid
This chart shows the Free Cash Flow (FCF) and the portion of FCF used to pay dividends each year by Essex Property Trust, Inc.. The filled portion of the bar represents the dividends paid, while the remaining portion represents the remaining FCF.