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Essex Announces its 30th Consecutive Annual Dividend Increase
ESSEssex Property Trust(ESS) Businesswire·2024-02-22 21:15

SAN MATEO, Calif.--(BUSINESS WIRE)--Essex Property Trust, Inc. (NYSE:ESS) announced today that its Board of Directors has approved a 6.1% increase to its annual cash dividend. This represents the Company’s 30th consecutive annual dividend increase. The Board of Directors has declared a first quarter dividend of 2.45pershare,payableonApril12,2024toshareholdersofrecordasofMarch29,2024.Onanannualizedbasis,thedividendrepresentsadistributionof2.45 per share, payable on April 12, 2024 to shareholders of record as of March 29, 2024. On an annualized basis, the dividend represents a distribution of 9.80 per common share. The Annual Meetin ...