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Essex Announces Its 31st Consecutive Annual Dividend Increase

1. ESS announces a 4.9% dividend increase; marks 31 consecutive annual increases. 2. Q1 dividend declared at $2.57 per share; reflects stable, long-term cash returns.

Dividend Change
+0.11%Current Return
VS
-1.72%S&P 500
$294.4102/20 04:37 PM EDTEvent Start
$294.7402/21 11:01 PM EDTLatest Updated
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FAQ

Why Bullish?

The dividend increase reinforces ESS's reputation as a reliable income generator. Historically, companies with consistent dividend hikes, such as many top-tier REITs, have attracted investor confidence and supported share prices.

How important is it?

While dividend hikes are standard in dividend-focused REITs, ESS’s record 31 consecutive increases underline commendable management consistency that could positively influence long-term investor sentiment.

Why Long Term?

Incremental dividend increases signal durable operational strength and long-run investor returns, impacting valuation over time rather than just short-term fluctuations.

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EQROSPG
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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