Essex Property Trust, Inc. ( ESS ) will begin trading ex-dividend on September 28, 2015. A cash dividend payment of $1.44 per share is scheduled to be paid on October 15, 2015. Shareholders who purchased ESS 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 $217.89, the dividend yield is 2.64%.
The previous trading day's last sale of ESS was $217.89, representing a -10.4% decrease from the 52 week high of $243.17 and a 23.31% increase over the 52 week low of $176.70.
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 $3.1. Zacks Investment Research reports ESS's forecasted earnings growth in 2015 as 13.09%, compared to an industry average of 9%.
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 ).
The top-performing ETF of this group is REZ with an decrease of -1.09% over the last 100 days. It also has the highest percent weighting of ESS at 5.03%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.