Essex Property Trust, Inc. (ESS) Ex-Dividend Date Scheduled for September 26, 2013
Essex Property Trust, Inc. ( ESS ) will begin trading ex-dividend on September 26, 2013. A cash dividend payment of $1.21 per share is scheduled to be paid on October 15, 2013. Shareholders who purchased ESS stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that ESS has paid the same dividend. At the current stock price of $148.66, the dividend yield is 3.26%.
The previous trading day's last sale of ESS was $148.66, representing a -13.65% decrease from the 52 week high of $172.16 and a 9% 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 $2.95. Zacks Investment Research reports ESS's forecasted earnings growth in 2013 as 14.23%, compared to an industry average of 8.5%.
Interested in gaining exposure to ESS through an Exchange
Traded Fund [ETF]?
The following ETF(s) have ESS as a top-10 holding:
- iShares Residential Real Estate Capped ETF ( REZ )
- PowerShares S&P MidCap Low Volatility Portfolio ( XMLV ).
The top-performing ETF of this group is XMLV with an decrease of -0.3% over the last 100 days. REZ has the highest percent weighting of ESS at 4.14%.