American Assets Trust, Inc. Announces Quarterly Dividend of $0.34 (NYSE:AAT)

American Assets Trust, Inc. (NYSE:AAT) announced a quarterly dividend on Tuesday, February 3rd. Shareholders of record on Thursday, March 5th will be given a dividend of 0.34 per share by the real estate investment trust on Thursday, March 19th. This represents a c) dividend on an annualized basis and a yield of 7.3%. The ex-dividend date of this dividend is Thursday, March 5th.

American Assets Trust has raised its dividend payment by an average of 0.0%per year over the last three years and has increased its dividend every year for the last 4 years. American Assets Trust has a payout ratio of 302.2% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Analysts expect American Assets Trust to earn $2.48 per share next year, which means the company should continue to be able to cover its $1.36 annual dividend with an expected future payout ratio of 54.8%.

American Assets Trust Price Performance

Shares of AAT stock traded up $0.51 during trading hours on Wednesday, hitting $18.59. The company had a trading volume of 557,280 shares, compared to its average volume of 486,280. American Assets Trust has a 12 month low of $16.69 and a 12 month high of $23.76. The company has a debt-to-equity ratio of 1.52, a quick ratio of 3.34 and a current ratio of 3.34. The firm’s fifty day moving average is $18.72 and its 200 day moving average is $19.44. The firm has a market capitalization of $1.14 billion, a price-to-earnings ratio of 18.45 and a beta of 0.98.

American Assets Trust (NYSE:AAT) last announced its quarterly earnings results on Tuesday, February 3rd. The real estate investment trust reported $0.05 earnings per share for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.43). The company had revenue of $110.09 million during the quarter, compared to the consensus estimate of $108.70 million. American Assets Trust had a net margin of 13.98% and a return on equity of 5.43%. American Assets Trust has set its FY 2026 guidance at 1.960-2.100 EPS. On average, sell-side analysts predict that American Assets Trust will post 1.94 EPS for the current fiscal year.

American Assets Trust News Summary

Here are the key news stories impacting American Assets Trust this week:

• Positive Sentiment: Company issued 2026 guidance that implies meaningful improvement (FFO/EPS midpoint ~$2.03; guidance range $1.96–$2.10), which investors often view as forward-looking upside. Press Release
• Positive Sentiment: Board declared a $0.34 quarterly dividend (ann. yield ~7.5%), payable March 19, which supports income-oriented demand for the shares. Dividend / Results Release
• Positive Sentiment: Leasing activity showed rent increases on renewed and new leases (office straight-line increases ~11.5% in Q4; retail strong straight-line gains), and same-store cash NOI was roughly stable — a sign of operating resilience. Lease / NOI Details
• Neutral Sentiment: Company reported strong liquidity (about $529M total: ~$129M cash + $400M available on credit line) and low asset encumbrance, giving flexibility for refinancing or transactions. Liquidity Disclosure
• Negative Sentiment: GAAP EPS missed materially: $0.05 vs. analyst consensus ~$0.48, which can pressure near-term sentiment and raises questions about non-operating items and one-offs. Earnings Release
• Negative Sentiment: FFO for Q4 was $0.47 (vs. Zacks consensus $0.48) and full-year FFO declined year-over-year — negatives for REIT valuation where FFO is key. Zacks Coverage
• Negative Sentiment: Morgan Stanley reiterated a Sell rating with a $17 price target, signaling persistent analyst skepticism around leverage and leasing trends that can cap upside. Analyst Note

American Assets Trust Company Profile

American Assets Trust, Inc is a publicly traded real estate investment trust (REIT) that acquires, develops and manages a diversified portfolio of commercial properties across multiple asset classes. The company’s holdings include retail centers, office buildings, multifamily communities and select hotel and resort properties. American Assets Trust pursues an integrated strategy combining proactive redevelopment, leasing initiatives and sustainable design to enhance asset value and drive long-term growth.

Founded in 1998 and headquartered in San Diego, California, American Assets Trust has built a presence in key markets along the West Coast and select western U.S.