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Essex Announces Its 31st Consecutive Annual Dividend Increase

1. Essex Property Trust’s board approved a 4.9% dividend increase. 2. This marks the 31st consecutive annual increase with a Q1 dividend of $2.57.

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FAQ

Why Bullish?

The dividend increase reinforces investor confidence and signals robust, consistent performance. Historically, stable dividend growth in REITs has supported share price strength by attracting income-focused investors.

How important is it?

Dividend increases in a mature REIT like ESS are notable as they signal operational stability and attract yield-seeking investors, though they may have more gradual price effects.

Why Long Term?

The sustained dividend policy demonstrates long-term financial health. Similar trends in other REITs have translated into enduring share price support over time.

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EQRAVBO
SAN MATEO, Calif.--(BUSINESS WIRE)--Essex Property Trust, Inc. (NYSE:ESS) announced today that its Board of Directors has approved a 4.9% increase to its annual cash dividend. This represents the Company's 31st consecutive annual dividend increase. The Board of Directors has declared a first quarter dividend of $2.57 per share, payable on April 15, 2025 to shareholders of record as of March 31, 2025. On an annualized basis, the dividend represents a distribution of $10.28 per common share. The.

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