Essex Property Trust (ESS) Dividend History & Yield
Essex Property Trust (ESS) has increased its dividend for 2 consecutive years and currently yields 3.75%. The most recent dividend was $2.5900/share on Apr 15, 2026, paid Quarterly.
Current Yield
3.75%
TTM Dividend/Share
$10.30
Payment Frequency
Quarterly
Payout Ratio
115.7%
Consecutive Growth Years
2
Div Growth (1Y CAGR)
38.23%
Div Growth (5Y CAGR)
4.10%
Div Growth (10Y CAGR)
5.84%
ESS: compare the "Now" marker to the 1Y / 3Y / 5Y averages on the scale. One valuation signal among many — review fundamentals before investing.
Dividend health
Chowder score
7.8%
FCF payout ratio
17.2%
Net debt / EBITDA
4.7x
Interest coverage
2.83x
ROIC (TTM)
6.7%
Dividend Safety Score
5 out of 8 checks passed
Payout ratio below 75%
Payout ratio is 115.7%, above the 75% threshold.
Free cash flow covers dividend
FCF/share ($16.67) covers dividend/share ($10.30).
No dividend cuts in 10+ years
No dividend cuts in the last 10 years.
Positive earnings growth trend
Earnings per share have grown over the past 5 years.
10+ years of consecutive growth
Only 2 consecutive year(s) of dividend growth.
FCF payout ratio below 70%
FCF payout ratio is 17.2%, below the 70% threshold.
Net Debt/EBITDA below 3x
Net Debt/EBITDA is 4.7x.
Dividend growth ≤ earnings growth (5Y)
Dividend growth (4.1%) ≤ EPS growth (11.1%) — sustainable.
Per-payment dividend history
Ex-date Jun 30, 2026
- Payment date
- Jul 15, 2026
- Dividend
- $2.5900
- Adj. dividend
- $2.5900
Ex-date Mar 31, 2026
- Payment date
- Apr 15, 2026
- Dividend
- $2.5900
- Adj. dividend
- $2.5900
Ex-date Jan 2, 2026
- Payment date
- Jan 15, 2026
- Dividend
- $2.5700
- Adj. dividend
- $2.5700
Ex-date Sep 30, 2025
- Payment date
- Oct 15, 2025
- Dividend
- $2.5700
- Adj. dividend
- $2.5700
Ex-date Jun 30, 2025
- Payment date
- Jul 15, 2025
- Dividend
- $2.5700
- Adj. dividend
- $2.5700
Ex-date Mar 31, 2025
- Payment date
- Apr 15, 2025
- Dividend
- $2.5700
- Adj. dividend
- $2.5700
Ex-date Jan 2, 2025
- Payment date
- Jan 15, 2025
- Dividend
- $2.4500
- Adj. dividend
- $2.4500
Ex-date Sep 30, 2024
- Payment date
- Oct 11, 2024
- Dividend
- $2.4500
- Adj. dividend
- $2.4500
Ex-date Jun 28, 2024
- Payment date
- Jul 12, 2024
- Dividend
- $2.4500
- Adj. dividend
- $2.4500
Ex-date Mar 27, 2024
- Payment date
- Apr 12, 2024
- Dividend
- $2.4500
- Adj. dividend
- $2.4500
Ex-date Dec 29, 2023
- Payment date
- Jan 12, 2024
- Dividend
- $2.3100
- Adj. dividend
- $2.3100
Ex-date Sep 28, 2023
- Payment date
- Oct 13, 2023
- Dividend
- $2.3100
- Adj. dividend
- $2.3100
| Ex-Date | Payment Date | Dividend | Adj. Dividend |
|---|---|---|---|
| Jun 30, 2026 | Jul 15, 2026 | $2.5900 | $2.5900 |
| Mar 31, 2026 | Apr 15, 2026 | $2.5900 | $2.5900 |
| Jan 2, 2026 | Jan 15, 2026 | $2.5700 | $2.5700 |
| Sep 30, 2025 | Oct 15, 2025 | $2.5700 | $2.5700 |
| Jun 30, 2025 | Jul 15, 2025 | $2.5700 | $2.5700 |
| Mar 31, 2025 | Apr 15, 2025 | $2.5700 | $2.5700 |
| Jan 2, 2025 | Jan 15, 2025 | $2.4500 | $2.4500 |
| Sep 30, 2024 | Oct 11, 2024 | $2.4500 | $2.4500 |
| Jun 28, 2024 | Jul 12, 2024 | $2.4500 | $2.4500 |
| Mar 27, 2024 | Apr 12, 2024 | $2.4500 | $2.4500 |
| Dec 29, 2023 | Jan 12, 2024 | $2.3100 | $2.3100 |
| Sep 28, 2023 | Oct 13, 2023 | $2.3100 | $2.3100 |
Historical Dividend Yield
Dividend Growth
Dividend Increase Track Record
Essex Property Trust has raised its total annual dividend (split-adjusted, by ex-dividend calendar year) versus the prior year for 2 consecutive years — the same figure as the "Consecutive Growth Years" card above.
| Year | Previous DPS | New DPS | Change |
|---|---|---|---|
| 2026 | $10.1600 | — | — |
| 2025 | $7.3500 | $10.1600 | +38.2% |
| 2024 | $9.2400 | $7.3500 | -20.5% |
| 2023 | $8.8000 | $9.2400 | +5.0% |
| 2022 | $8.3600 | $8.8000 | +5.3% |
| 2021 | $8.3100 | $8.3600 | +0.6% |
| 2020 | $7.8000 | $8.3100 | +6.5% |
| 2019 | $7.4400 | $7.8000 | +4.8% |
| 2018 | $7.0000 | $7.4400 | +6.3% |
| 2017 | $6.4000 | $7.0000 | +9.4% |
| 2016 | $5.7600 | $6.4000 | +11.1% |
| 2015 | $5.1100 | $5.7600 | +12.7% |
| 2014 | $4.8400 | $5.1100 | +5.6% |
| 2013 | $4.4000 | $4.8400 | +10.0% |
| 2012 | $4.1600 | $4.4000 | +5.8% |
| 2011 | $4.1300 | $4.1600 | +0.7% |
| 2010 | $4.1200 | $4.1300 | +0.2% |
| 2009 | $4.0800 | $4.1200 | +1.0% |
| 2008 | $3.7200 | $4.0800 | +9.7% |
| 2007 | $3.3600 | $3.7200 | +10.7% |
| 2006 | $3.2400 | $3.3600 | +3.7% |
| 2005 | $3.1600 | $3.2400 | +2.5% |
| 2004 | $3.1200 | $3.1600 | +1.3% |
| 2003 | $3.0800 | $3.1200 | +1.3% |
| 2002 | $2.8000 | $3.0800 | +10.0% |
| 2001 | $2.3800 | $2.8000 | +17.6% |
| 2000 | $2.1500 | $2.3800 | +10.7% |
| 1999 | $1.9500 | $2.1500 | +10.3% |
| 1998 | $1.7700 | $1.9500 | +10.2% |
| 1997 | $1.7100 | $1.7700 | +3.5% |
| 1996 | $1.6750 | $1.7100 | +2.1% |
| 1995 | — | $1.6750 | — |
DPS sums split-adjusted amounts (adj. dividend) by ex-dividend calendar year—the same basis as the Adj. Dividend column in Dividend Payment History. The Dividend column can differ after stock splits. This table uses four decimals per annual total so the Change column matches the shown amounts; each payment row in Dividend Payment History also uses four.
Cash dividends paid (USD) — TTM and history
Trailing-twelve-month and annual common dividends paid for Essex Property Trust (ESS) from the consolidated cash flow statement, in USD as filed.
Latest period
$662.20M
YoY change
+5.4%
5Y CAGR
+4.1%
Peak year (2025)
$654.07M
Latest annual
$654.07M
Cash dividends paid over time for Essex Property Trust (ESS)
Per-period cash dividends paid
Cash dividends paid annual + quarterly history for Essex Property Trust (ESS)
| Fiscal year | Period ended | Reported | Dividends Paid | YoY | YoY change |
|---|---|---|---|---|---|
| 2025 | $654.07M | +5.4% | +$33.60M | ||
| 2024 | $620.47M | +5.7% | +$33.49M | ||
| 2023 | $586.98M | +3.7% | +$21.05M | ||
| 2022 | $565.92M | +4.2% | +$23.06M | ||
| 2021 | $542.86M | +1.3% | +$6.76M | ||
| 2020 | $536.10M | +5.6% | +$28.34M | ||
| 2019 | $507.75M | +4.9% | +$23.57M | ||
| 2018 | $484.18M | +7.4% | +$33.56M | ||
| 2017 | $450.63M | +9.6% | +$39.49M | ||
| 2016 | $411.13M | +11.9% | +$43.88M | ||
| 2015 | $367.26M | +40.9% | +$106.68M | ||
| 2014 | $260.57M | +44.2% | +$79.91M | ||
| 2013 | $180.67M | +15.6% | +$24.42M | ||
| 2012 | $156.25M | +12.7% | +$17.63M | ||
| 2011 | $138.62M | +12.1% | +$14.99M | ||
| 2010 | $123.63M | +5.6% | +$6.53M | ||
| 2009 | $117.10M | +7.0% | +$7.61M | ||
| 2008 | $109.49M | +12.1% | +$11.85M | ||
| 2007 | $97.64M | +21.4% | +$17.19M | ||
| 2006 | $80.45M | +5.5% | +$4.18M | ||
| 2005 | $76.26M | +4.9% | +$3.54M | ||
| 2004 | $72.72M | +6.4% | +$4.34M | ||
| 2003 | $68.38M | +23.0% | +$12.77M | ||
| 2002 | $55.60M | +11.2% | +$5.62M | ||
| 2001 | $49.99M | +17.8% | +$7.56M | ||
| 2000 | $42.42M | +9.8% | +$3.79M | ||
| 1999 | $38.63M | +10.1% | +$3.56M | ||
| 1998 | $35.07M | +40.0% | +$10.03M | ||
| 1997 | $25.05M | +108.6% | +$13.04M | ||
| 1996 | $12.01M | +14.4% | +$1.51M | ||
| 1995 | $10.50M | +162.5% | +$6.50M | ||
| 1994 | $4.00M | — | — |
The 2025 reading of Essex Property Trust (ESS) dividends paid is $654.07M – grew 5.4% year-over-year.
Through 2020–2025 (5 years), Essex Property Trust dividends paid delivered a +4.1% annualised rate; sustaining 31 straight years of year-over-year growth.
$654.07M stands as the all-time-high annual dividends paid, posted in 2025, against a low of $4.00M during 1994.
Among 8 Real Estate peers, Essex Property Trust (ESS) ranks 9th; the peer median for dividends paid is $2.55B.
Essex Property Trust Dividends Paid 2025: $654.07M
Essex Property Trust dividends paid in 2025 was $654.07M, grew 5.4% from 2024. This figure represents the highest annual value in the available history.
Essex Property Trust Dividends Paid 2024: $620.47M
Essex Property Trust dividends paid in 2024 was $620.47M, grew 5.7% from 2023.
Essex Property Trust Dividends Paid 2023: $586.98M
Essex Property Trust dividends paid in 2023 was $586.98M, edged up 3.7% from 2022.
Essex Property Trust Dividends Paid 2022: $565.92M
Essex Property Trust dividends paid in 2022 was $565.92M, edged up 4.2% from 2021.
Essex Property Trust Dividends Paid 2021: $542.86M
Essex Property Trust dividends paid in 2021 was $542.86M.
See more financial history for Essex Property Trust (ESS).
Sector peers by dividends paid
Companies in the same sector as Essex Property Trust, ranked by their latest dividends paid.
| Company | Dividends Paid | Sector |
|---|---|---|
| Prologis (PLD) | $3.76B | Real Estate |
| American Tower (AMT) | $3.16B | Real Estate |
| Realty Income (O) | $2.92B | Real Estate |
| Simon Property Group (SPG) | $2.79B | Real Estate |
| Public Storage (PSA) | $2.30B | Real Estate |
| Welltower (WELL) | $1.88B | Real Estate |
| Equinix (EQIX) | $1.86B | Real Estate |
| Digital Realty Trust (DLR) | $1.73B | Real Estate |
Frequently asked questions
Does Essex Property Trust pay dividends?
Yes, Essex Property Trust (ESS) pays quarterly dividends of approximately $10.30 per share annually, yielding 3.75%.
What is Essex Property Trust's dividend yield?
Essex Property Trust (ESS) has a current dividend yield of 3.75%.
Is Essex Property Trust's dividend safe?
Essex Property Trust (ESS) passes 5 out of 8 dividend safety checks. See the detailed breakdown above for each criterion.
How many consecutive years has Essex Property Trust increased its dividend?
Essex Property Trust (ESS) has 2 consecutive years of dividend increases.
What is Essex Property Trust's dividend payout ratio?
Essex Property Trust (ESS) has a dividend payout ratio of 115.7%. Trailing twelve months (GAAP): adjusted dividends over roughly 12 months aligned with the latest reported quarter, divided by the sum of diluted EPS from the last four fiscal quarters (not NII or taxable income for BDCs/REITs).
What is Essex Property Trust's dividends paid?
Latest reported dividends paid for Essex Property Trust (ESS) is $662.20M (period ending March 31, 2026).
How has Essex Property Trust dividends paid changed year-over-year?
Essex Property Trust (ESS) dividends paid changed +5.4% year-over-year on the latest annual filing.
What is the long-term growth rate of Essex Property Trust dividends paid?
Essex Property Trust (ESS) dividends paid compound annual growth rate is +4.1% over the most recent 5 years available.
When did Essex Property Trust dividends paid hit its highest annual value?
Essex Property Trust dividends paid reached its highest annual value of $654.07M in 2025.
What was Essex Property Trust dividends paid in 2024?
Essex Property Trust (ESS) dividends paid in 2024 was $620.47M.
What was Essex Property Trust dividends paid in 2025?
Essex Property Trust (ESS) dividends paid in 2025 was $654.07M.
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