Essex Property Trust, Inc. ( ESS ) will begin trading ex-dividend on December 31, 2018. A cash dividend payment of $1.86 per share is scheduled to be paid on January 15, 2019. Shareholders who purchased ESS 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 $245.71, the dividend yield is 3.03%.
The previous trading day's last sale of ESS was $245.71, representing a -8.11% decrease from the 52 week high of $267.41 and a 14.8% increase over the 52 week low of $214.03.
ESS is a part of the Consumer Services sector, which includes companies such as American Tower Corporation (REIT) ( AMT ) and Simon Property Group, Inc. ( SPG ). ESS's current earnings per share, an indicator of a company's profitability, is $5.69. Zacks Investment Research reports ESS's forecasted earnings growth in 2018 as 5.52%, compared to an industry average of 2.7%.
For more information on the declaration, record and payment dates, visit the ESS Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.
Interested in gaining exposure to ESS through an Exchange Traded Fund [ETF]?
The following ETF(s) have ESS as a top-10 holding:
- iShares Trust iShares Residential Real Estate ETF ( REZ )
- NuShares Enhanced Yield US Aggregate Bond ETF ( NURE )
- SPDR DJ Wilshire REIT ETF ( RWR )
- Invesco Active U.S. Real Estate Fund ( PSR )
- Hartford Multifactor REIT ETF ( RORE ).
The top-performing ETF of this group is REZ with an decrease of -2.79% over the last 100 days. It also has the highest percent weighting of ESS at 5.2%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.