Essex Property Trust, Inc. (ESS) Ex-Dividend Date Scheduled for December 28, 2012


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Essex Property Trust, Inc. ( ESS ) has announced an ex-dividend date of December 28, 2012 and a cash dividend payment of $1.1 per share scheduled for January 15, 2013. Shareholders who purchased ESS stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that ESS has paid the same dividend. At the current stock price of $147.4, the dividend yield is 2.99%.

The previous trading day's last sale of ESS was $147.4, representing a -8.75% decrease from the 52 week high of $161.53 and a 8.08% increase over the 52 week low of $136.38.

ESS is a part of the Consumer Services sector, which includes companies such as Simon Property Group, Inc. ( SPG ) and American Tower Corporation (REIT) ( AMT ). ESS's current earnings per share, an indicator of a company's profitability, is $2.61. Zacks Investment Research reports ESS's forecasted earnings growth in 2012 as 19.43%, compared to an industry average of 13.5%.

For more information on the declaration, record and payment dates, visit the ESS Dividend History page.

Interested in gaining exposure to ESS through an Exchange Traded Fund [ETF]?
The following ETF(s) have ESS as a top-10 holding:

  • iShares FTSE NAREIT Residential Index Fund ( REZ )
  • SPDR S&P 400 Mid Cap Growth ETF (based on S&P MidCap 400 Growt ( MDYG ).

The top-performing ETF of this group is MDYG with an increase of 7.65% over the last 100 days. REZ has the highest percent weighting of ESS at 4.25%.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: News Headlines Stocks
Referenced Stocks: AMT , ESS , MDYG , REZ , SPG

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